Standard bathroom, ceramic/tile floor for 66 Queen St, Thorold Ontario L2V 3N5
10 days on Market

66 Queen St, Thorold, Ontario L2V 3N5

Townhouse
-
-
~2700 sqft
$789,000
Get pre-qualifiedPowered by Neo Mortgage
Townhouse
-
-
~2700 sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$292/sqft

Est. Mortgage$3,388/mo

Tax Amount (2024)$4,200/yr

Days On Market10 days


Description

Turnkey Income Property – Fully Rented Duplex & Triplex on Rare Double Lot in Prime Thorold Location! 66 and 66 1/2 and 66B An exceptional opportunity to acquire two adjacent, fully rented income properties in one of Thorold’s most desirable, family-friendly neighborhoods. Situated on a spacious 106’ x 132’ lot, these side-by-side properties offer strong immediate cash flow with built-in development potential—all just minutes from Brock University, downtown Thorold, Niagara Falls, shopping, and major highways. Property Overview: 66 & 68 Queen St S – A separately deeded triplex and duplex, offered together or individually (each with its own MLS) Fully Tenanted – Stable, reliable renters already in place, generating consistent monthly income Updated Systems – Modernized hydro and central air for hassle-free management Ample On-Site Parking – Easy access for tenants and guests Why This Investment Stands Out: Turnkey Operation – No renovations or tenant search needed Excellent Location – Walking distance to schools, transit, and daily conveniences Strong Rental Demand – Ideal for students, professionals, and families alike Exciting Development Potential: Zoned to permit low-rise apartment buildings or townhouses City of Thorold is receptive to redevelopment applications Perfect opportunity to redevelop or expand in a high-growth rental market Key Investor Takeaways: Immediate Passive Income – Both buildings fully rented with no downtime Strategic Long-Term Asset – Combine steady cash flow with appreciating land value Future-Proof – Rare double lot in a city expanding its housing footprint Secure a property that pays today and grows tomorrow. This is a rare chance to acquire a cash-flowing asset with development upside in one of Niagara’s most promising investment corridors. Act now—opportunities like this are few and far between.


Property Details

StyleResidential Income
View-
Age of property-
SqFt~2700 SqFt
Lot Size5,148 SqFt(132 x 39)
Parking Spaces3
MLS ®Number40721985
Community NameThorold Proper
Data SourceITSO
Listing bySutton Group Realty Systems

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Full, Finished, Sump Pump

Features

Lot size: 5,148 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

Apr 27, 2025
ListedActive
$789,000
10 days on market
history photo preview38
Listing by itso®
Property listed by Sutton Group Realty Systems, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Thorold Proper

Geo Zone Map ThumbnailThorold Proper

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

17 days

Compared to

2024

0 day

2023

41 days

2022

14 days

New Listings

Past 30 days

4 listings

Compared to

2024

1 listing

2023

0 listing

2022

3 listings

Units sold

Past 30 days

1 unit

Compared to

2024

0 unit

2023

2 units

2022

3 units

Median Sold Price

Past 30 days

$480,000

Compared to

2023

$689,900

2022

$665,000


Population and Demographics

Overview

Total population 7197
Average household income $97,548

Age (%)

20 to 34
24%
50 to 64
22%
65 and plus
20%
0 to 19
18%
35 to 49
15%

Household composition (%)

Single family
55%
Single person
37%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
88%
Italian
4%
Others
4%
French
1%
Spanish
1%

House tenancy (%)

Owners
62%
Renters
38%

Schools and amenities

Estimated Budget