$829,900
Thorold
28 Chapel Street South, Thorold (Thorold Downtown), Ontario, L2V2C6
This multi-family property in Thorold is for sale offering roughly 3,250 sq ft of space. It has been on the market 35 days, fresher than the Thorold average of 81 days.
Welcome to 28 Chapel Street South in Thorold, a unique 3,200 sq. ft. triplex with panoramic Welland Canal views and multiple income opportunities. Over the past 5 years, the property has been updated including plumbing, electrical, windows, siding and improvements throughout all three units.The first main-floor unit takes full advantage of the canal setting, with panoramic views from the open-concept kitchen and living area and a front-row seat to watch the ships pass by. Currently operated as a successful short-term Airbnb, this unit has a transferable licence, all 5-star ratings and furnishings included. Run it as much or as little as you choose while benefiting from an established short-term rental. It also features a breakfast bar, large primary bedroom and fully renovated bathroom with towel warmer. Also on the main floor, the second unit has its own private driveway and offers two bedrooms, currently rented as a one-bedroom. Full of character with beautiful arched doorways and original charm.Through the front entrance, the third unit offers three bedrooms, large windows, a spacious living room and a well-laid-out living space.The full basement has been completely updated and offers easily accessible shared laundry, plenty of storage, plus an open 2-piece washroom and separate shower area.Live in one unit, rent another and continue operating the Airbnb, or add the entire property to your investment portfolio. Close to Niagara wine country, Niagara Falls, casinos, shopping, restaurants and major amenities. Outside, the deck has been redone and the fully operational bread oven has been beautifully restored, adding another unique feature to the outdoor space and canal setting. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 35 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) has been listed for 35 days, which is 46 days fresher than the city average of 81. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $829,900, about 10.4× the local median household income of $80,000.
Carrying it typically needs a household income of about $162,109 (20% down, 25-yr amortization, stress-tested) — roughly 103% above the area median.
Source: Statistics Canada, 2021 Census (FSA L2V)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice




Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.