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Home ON St. Catharines - Niagara Thorold Thorold Proper
68 QUEEN Street S
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68 QUEEN Street S $779,000
2 days ago
$779,000
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68 QUEEN Street S
Thorold, Ontario L2V3N5

MLS® Number: 40695391
0
Bathrooms
2200
Square Feet

Listing Description

Turnkey Income Property – Fully Rented Duplex & Triplex on Rare Double Lot in Prime Thorold Location! 68 and 68 1/2 Queen 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. (68934447)

Location Description

Pine st to Elgin to Queen S or Richmond to Queen S

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
1.5
Square Footage
2200 sqft
Subdivision Name
557 - Thorold Downtown
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$3,700
Total Parking Spaces
5
Time on REALTOR.ca
2 days

Building

Bathrooms
Total
0
Interior Features
Appliances Included
Window Coverings
Basement Type
Full (Finished)
Building Features
Features
Crushed stone driveway, Sump Pump
Foundation Type
Block
Rental Equipment
Water Heater
Total Units
0
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Place of Worship, Playground, Public Transit, Schools
Parking
Total Parking Spaces
5

Measurements

Square Footage
2200 sqft
Above Grade Finished
2200 sqft
Source: Other

Land

Lot Features
Frontage
66 ft
Land Depth
132 ft
Other Property Information
Access
Highway access
Zoning Description
R3
Data provided by: Cornerstone - Hamilton-Burlington 505 York Boulevard, Hamilton, Ontario L8R 3K4

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