Turnkey Income Property with Development Upside – 68 Queen St S, Thorold Live, Rent, Develop – The Choice is Yours An exceptional opportunity to own two semi-detached homes on one deed, located in the heart of 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 66 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 66 Queen St S next door to unlock full development potential.
For sale
C$669,000
68 Queen St S, Thorold, ON L2V 3N5
--beds
0baths
2,200sqft
Duplex, Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$304/sqft
C$-- HOA
What's special
- 87 days
- on Zillow |
- 7 |
- 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®#: 40695391Originating MLS®#: REALTORS® Association of Hamilton-Burlington
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Laundry: In-Suite
Features
- Separate Heating Controls, Separate Hydro Meters
- Windows: Window Coverings
- Basement: Full,Finished,Sump Pump
- Has fireplace: No
Interior area
- Total structure area: 2,200
- Total interior livable area: 2,200 sqft
- Finished area above ground: 2,200
Property
Parking
- Total spaces: 5
- Parking features: Gravel, Outside/Surface/Open
- Uncovered spaces: 5
Features
- Frontage type: East
- Frontage length: 66.00
Lot
- Size: 8,712 Square Feet
- Dimensions: 66 x 132
- Features: Rectangular, City Lot, Highway Access, Library, Place of Worship, Playground Nearby, Public Transit, School Bus Route, Schools
Details
- Parcel number: 643940065
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Brick, Vinyl Siding
- Foundation: Concrete 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(s)
Location
- Region: Thorold
Financial & listing details
- Price per square foot: C$304/sqft
- Annual tax amount: C$3,700
- Date on market: 5/1/2025
- Inclusions: Window Coverings, All Appliances And Window Coverings
- Exclusions: Tenants Belongings - Fridge In 68 1/2 Queen Belongs To Tenant
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