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2246 Centre Street

2246 Centre Street

Thorold, ON

  • 8 bed
  • 4 bath
  • approx. 2000-2500 sqft
  • Fourplex
  • 96 days on market
$990,000

Exceptional investment opportunity at 2246 Centre St - a brand-new fourplex offering four self-contained residential units under one roof (3820 sq ft). Each unit features a well-appointed 2-bedroom,1-bath layout with a spacious open-concept living and dining area, designed to attract quality tenants from day one. All units include dedicated parking, minimizing vacancy risk and maximizing tenant appeal. Purpose-built for the modern investor, this new construction is ideal for strong rental income potential in a market with consistent demand. Located in a growing community with affordable property taxes and low vacancy rates, 2246 Centre St presents a turnkey opportunity to establish or expand your real estate portfolio. Residents will enjoy convenient access to local amenities, schools, and transit, making this an attractive address for long-term tenants. With an estimated completion of Summer/Fall 2027.

Listing Details

Listed
June 9, 2026

Price History

Listing history

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Property

Style
1 1/2 Storey
Age
New
Construction
Vinyl Siding, Stone
Roof
Asphalt Shingle
Foundation
Concrete
Interior
Air Exchanger, Separate Hydro Meter, Sump Pump, Water Heater
Lot Size
52.23 x 247.21 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
8

Utilities

Water
Water System
Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Lundy's Lane & Centre St
Zoning
R2
Possession
Other
Occupancy
Vacant

Included

Rental Items
Hot water heater

Schools

Elementary

  • Ontario Public School2.4 km

    Public · DSB Niagara · 505 students

    Grade 3 reading: 91% met the provincial standard · Grade 6 math: 78% met the provincial standard

  • Richmond Street Public School4.9 km

    Public · DSB Niagara · 560 students

    Grade 3 reading: 96% met the provincial standard · Grade 6 math: 81% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area L0S

Population
60,409
Private dwellings
28,128
Median age
53.2
Average household size
2.4
Median household income
$95,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Thorold · last 12 months

Median sold price
$589,888
Homes sold
374
Median days on market
30
Sale-to-list price
96.4%

Based on 374 recorded sales of residential freehold properties in Thorold over the last 12 months.

Rooms

2 × 5-piece on Upper, 2 × 5-piece on Lower

Upper

  • Bedroom 210' x 10'8"
  • Living Room20'2" x 12'9"
  • Primary Bedroom12'7" x 10'8"

Listed by

EMERALD REALTY GROUP LTD

Walk Score

13

Walk

0

Transit

48

Bike

Scores by Walk Score®

Mortgage Calculator

$198,000

Estimated Monthly Payment

$4,864

Land transfer tax

Estimated land transfer tax$16,275

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $4,864/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $248/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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