Turnkey Income Property with Development Upside – 66 Queen St S, Thorold Live, Rent, Develop – The Choice is Yours An exceptional opportunity to own 3 unit home duplexed bungalow and attached self contained unit in back, located in Thorold’s growing investment corridor. Whether you’re seeking a secure income-generating asset, multigenerational living, or redevelopment potential, this property delivers. Property Highlights • Fully Tenanted: Reliable income from excellent long-term renters • Updated Systems: Modern hydro and central air for low-maintenance ownership • Ample Parking: On-site parking for tenants and guests • Flexible Use: Live in one unit and rent the other, or lease both for max returns Prime Location • Desirable Neighbourhood: Family-friendly with strong community appeal • Convenient Access: Walk to schools, transit, and daily essentials • Close to Brock University, downtown Thorold, Niagara Falls & major highways • Consistent Rental Demand: Attracts students, professionals & families Development Potential • Zoned for Low-Rise Apartments or Townhomes • City-Supported Growth: Thorold is receptive to redevelopment • Expand Your Vision: Combine with 68 Queen St S for a 106' x 132' lot—ideal for multi-unit or townhouse development Investor Advantages • Immediate Cash Flow: Income-producing from Day One • Appreciating Asset: Rare land size in a city with rising demand • Multiple Exit Strategies: Rent, reside, or redevelop—flexibility built in Act Now This is a rare chance to secure a cash-flowing property with future upside in one of Niagara’s fastest-growing communities. Ask about purchasing 68 Queen St S next door to unlock full development potential.
For sale
C$679,000
66 Queen St S, Thorold, ON L2V 3N5
7beds
3baths
1,800sqft
Multi-3 Unit, Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$377/sqft
C$-- HOA
What's special
Updated systemsModern hydroCentral airAmple parking
- 87 days
- on Zillow |
- 12 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 24, 2025 at 08:09pm
Listed by:
Michael Aaron Leone, Salesperson,
Sutton Group Realty Systems
Source: ITSO,MLS®#: 40721985Originating MLS®#: REALTORS® Association of Hamilton-Burlington
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dryer, Refrigerator, Stove, Washer
- Laundry: In-Suite
Features
- Separate Hydro Meters
- Windows: Window Coverings
- Basement: Full,Finished,Sump Pump
- Has fireplace: No
Interior area
- Total structure area: 2,700
- Total interior livable area: 1,800 sqft
- Finished area above ground: 1,800
- Finished area below ground: 900
Property
Parking
- Total spaces: 3
- Parking features: Private Drive Single Wide
- Uncovered spaces: 3
Features
- Frontage type: North
- Frontage length: 39.00
Lot
- Size: 5,148 Square Feet
- Dimensions: 39 x 132
- Features: Rectangular, City Lot, Highway Access, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, School Bus Route, Schools, Shopping Nearby
Details
- Parcel number: 643940064
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi-3 Unit, Multi Family
Materials
- Stone, Vinyl Siding
- Foundation: Block
- Roof: Asphalt Shing
Condition
- 51-99 Years
- New construction: No
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal
Community & HOA
Community
- Security: Carbon Monoxide Detector, Smoke Detector
Location
- Region: Thorold
Financial & listing details
- Price per square foot: C$377/sqft
- Annual tax amount: C$4,200
- Date on market: 5/1/2025
- Inclusions: Carbon Monoxide Detector, Smoke Detector, Window Coverings, Fridges And Stoves - Washers And Dryers
- Exclusions: Tenant Belongings
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