About this property

9 Unit Multi Residential Investment property producing annually $121,860 Gross Revenue, expenses $61,000 with Return on investment at 61,000/1125000= 6.4% currently. Great potential to produce $198,000 in Gross Revenue less $61,000 expenses having a return on Investment at 137,000/1,125,000=12.2% by Increasing the rents to market Rent Prices. Rents have been low in the building due to long standing tenants and a very generous owner. Please compare rental rates in Thorold Proper compared to the historic hamlet of Port Robinson where the building is situated demanding greater prices because of low density (no competition) and the serene natural beauty sitting perched upon the East bank of the Welland Canal with a view of the ships passing the property directly in front. The Owner is willing to Hold a First Mortgage with 15% min down payment.

Features & finishes

View

Fireplace

Air Conditioning

Basement

Property details

MLS® Number	X13002648
Status	Active
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	5,000 sq ft
Beds / Baths	16 bed · 9 bath
Neighbourhood	561 - Port Robinson
City	Thorold
Postal Code	L0S 1K0
Province	ON
Listed Date	April 15, 2026
Days on Market	113
Price per Sq Ft	$225
Brokerage	RE/MAX SUCCESS REALTY