$1,538,000
9.41 BTC
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43 Cleveland Street, Thorold
$1,538,000
PRICE
8 + 4
BEDROOMS
12
BATHROOMS
X12176537
MLSID

43 Cleveland Street, Thorold

Exceptional Investment Opportunity in Downtown Thorold! Don't miss this prime investment opportunity in the heart of downtown Thorold! This attractive stone and vinyl-sided triplex, built in 2010, offers over 4,600 sq. ft. of finished living space. With 12 bedrooms and 12 bathrooms across three self-contained units, this property is ideal for mature adult living. Each unit features four spacious bedrooms each with its own private ensuite along with a bright, open-concept common area, a kitchen with dining space, in-suite coin-operated laundry, and a dedicated mechanical room. Separate forced air gas furnaces with A/C capacity in each unit provide efficient, independent climate control. The outdoor space includes a large shared yard and a generous deck, perfect for relaxing or entertaining. Security cameras throughout the property ensure added comfort and peace of mind. A large gravel parking area provides space for at least 8 vehicles. Currently tenanted with full occupancy. At current market rates, it generates a strong cap rate of 6%, making it a sound addition to any investment portfolio. Located close to shopping, Brock University, public transit, highway access, restaurants, and everyday amenities, this turn-key property offers excellent rental appeal and long-term value.
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Summary

Address
43 Cleveland Street
MLSID
X12176537
Property Type
Triplex
Property Category
Bedrooms
8 + 4
Bathrooms
12
Rooms
12 + 6
Kitchens
2 + 1
Zoning
R3C
Taxes (Annual)
$13,369.88
Tax Year
2025
Published
May 27, 2025
Days on Market
76 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

3 Fridges, 3 Stoves, 3 Washers, 3 Dryers, 3 Microwaves

Details

Property Features
Public Transit, School
Bathroom 1
3-Piece Main Level
Bathroom 2
3-Piece Upper Level
Bathroom 3
3-Piece Lower Level
Parking Spaces
8
Parking Total
8
Parking Features
Other
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Stone, Vinyl Siding
Lot Width
67 Feet
Lot Depth
121 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with BOLDT REALTY INC., BROKERAGE
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