9 Water Street
Thorold, ON
- 5 bed
- 3 bath
- approx. 2000-2500 sqft
- Triplex
- 83 days on market
Turn-key, well-kept legal triplex located at 9 Water Street in Thorold, close to all amenities, shopping, schools, parks, transit, downtown Thorold, Brock University, and highway access.This clean brick property offers a strong opportunity for investors or owner-occupiers, featuring spacious units, solid income potential, and future upside. The building includes a large main floor 3-bedroom unit plus two additional units, with 2 units currently vacant and ready to be rented at market rents.Recent updates include a new boiler system and vinyl windows, providing added peace of mind for the next owner. The property sits on a large lot with potential for future expansion or additional units, subject to city approvals. There is also potential for a basement in-law suite, creating further income possibilities.A detached garage offers additional rental income or storage. A clean, solid, income-producing property with vacant units, market rent upside, garage income potential, and future value-add opportunities in a convenient Thorold location close to everything.
Listing Details
- Taxes (2026)
- $3,664
- Listed
- June 15, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Stone, Brick
- Roof
- Asphalt Shingle
- Foundation
- Block
- Interior
- Accessory Apartment, Carpet Free, In-Law Suite, Primary Bedroom - Main Floor
- Lot Size
- 50 x 141 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 1
- Total Parking
- 6
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- PINE/WATER
- Zoning
- TRIPLEX
- Parcel Number
- 643900143
- Possession
- Immediate
- Occupancy
- Vacant
Included
- Exclusions
- TENANTS BELONGINGS
Schools
Elementary
- Pope Francis Catholic Elementary School0.4 km
Catholic · Niagara CDSB
- Prince of Wales Public School0.6 km
Public · DSB Niagara · 290 students
Grade 3 reading: 82% met the provincial standard · Grade 6 math: 53% met the provincial standard
- Westmount Public School0.6 km
Public · DSB Niagara · 230 students
Grade 3 reading: 70% met the provincial standard · Grade 6 math: 61% met the provincial standard
Secondary
- Pope Francis Catholic Secondary School0.4 km
Catholic · Niagara CDSB · 190 students
- Niagara Catholic Online Secondary School0.4 km
Catholic · Niagara CDSB
- Thorold Secondary School0.5 km
Public · DSB Niagara · 700 students
Grade 10 literacy: 92% 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 L2V
- Population
- 19,795
- Private dwellings
- 8,400
- Median age
- 37.6
- Average household size
- 2.5
- Median household income
- $80,000
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
- $590,000
- Homes sold
- 377
- Median days on market
- 31
- Sale-to-list price
- 96.4%
Based on 377 recorded sales of residential freehold properties in Thorold over the last 12 months.
Listed by
ROYAL LEPAGE NRC REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
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Mortgage Calculator
$139,980
Estimated Monthly Payment
$3,438
Land transfer tax
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: $3,438/mo (20% down, 5.5%)
Taxes: $305/mo · Insurance: $175/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
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Reita is an automated assistant, not a licensed real estate agent. This listing mentions The building includes a large main floor 3-bedroom unit plus two additional units, with 2 units currently vacant and ready to be rented at market rents.Recent updates include a new boiler system and vinyl windows, providing added peace of mind for the next owner.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?