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$679,000
Thorold
23 Sullivan Avenue, Thorold (Thorold Downtown), Ontario, L2V2Y3
This multi-family property in Thorold is for sale offering roughly 2,750 sq ft of space.
Welcome to 23 Sullivan Avenue, a high performing income property positioned on a desirable corner lot, offering added privacy, curb appeal, and long term upside potential.This solid investment property features two fully self contained 3 bedroom, 1 bathroom units,each with its own private entrance, kitchen, living space, and laundry, providing maximum flexibility for both investors and future owner occupants. Both units are fully tenanted with strong, reliable occupance already in place, delivering immediate cash flow from day one. No Vacancy, no setup, no hassle.Each unit offers a functional layout, generous living space, and a design that consistently attracts quality renters. The corner lot not only enhances curb appeal but also provides additional natural light, increased privacy, and future potential.Located in a high-demand rental area close to schools, parks, shopping, public transit, andquick highway access, this turnkey property checks every box for investors seeking stable income, long-term appreciation, and exceptional value. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 104 days on market, against an average age of 81 days across the listings currently for sale in this city
This 7-bed multi-family in Thorold (Thorold Downtown) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $679,000, about 8.5× the local median household income of $80,000.
Carrying it typically needs a household income of about $132,632 (20% down, 25-yr amortization, stress-tested) — roughly 66% above the area median.
Source: Statistics Canada, 2021 Census (FSA L2V)
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Loading rates, 30-yr amortization
Cash Needed to Close
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