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. (id:63008)
MLS® Number | 40695391 |
Property Type | Multi-family |
AmenitiesNearBy | Place Of Worship, Playground, Public Transit, Schools |
CommunityFeatures | School Bus |
EquipmentType | Water Heater |
Features | Crushed Stone Driveway, Sump Pump |
ParkingSpaceTotal | 5 |
RentalEquipmentType | Water Heater |
Appliances | Window Coverings |
BasementDevelopment | Finished |
BasementType | Full (finished) |
CoolingType | Central Air Conditioning |
ExteriorFinish | Brick, Vinyl Siding |
FoundationType | Block |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
StoriesTotal | 2 |
SizeInterior | 2200 Sqft |
Type | Duplex |
UtilityWater | Municipal Water |
AccessType | Highway Access |
Acreage | No |
LandAmenities | Place Of Worship, Playground, Public Transit, Schools |
Sewer | Municipal Sewage System |
SizeDepth | 132 Ft |
SizeFrontage | 66 Ft |
SizeTotalText | Under 1/2 Acre |
ZoningDescription | R3 |
https://www.realtor.ca/real-estate/28239056/68-queen-street-s-thorold
Michael Aaron Leone
Salesperson