Was listed for:Expired Sep 27, 2025
$1,538,000

43 Cleveland Street

Thorold (Thorold Downtown), ON L2V 3K5

Multiplex ExpiredNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 43 Cleveland Street, Thorold, Thorold Downtown

2025-05-27
2025-09-27
Expired
Price
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MLS#
x12176537

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 43 Cleveland Street, Thorold, Thorold Downtown

Exceptional Investment Opportunity in Downtown Thorold! Don't miss this prime investment opportunity in the heart of downtown Thorold! This attractive stone and vinyl-sided triplex, built in 2010, offers over 4,600 sq. ft. of finished living space. With 12 bedrooms and 12 bathrooms across three self-contained units, this property is ideal for mature adult living. Each unit features four spacious bedrooms each with its own private ensuite along with a bright, open-concept common area, a kitchen with dining space, in-suite coin-operated laundry, and a dedicated mechanical room. Separate forced air gas furnaces with A/C capacity in each unit provide efficient, independent climate control. The outdoor space includes a large shared yard and a generous deck, perfect for relaxing or entertaining. Security cameras throughout the property ensure added comfort and peace of mind. A large gravel parking area provides space for at least 8 vehicles. Currently tenanted with full occupancy. At current market rates, it generates a strong cap rate of 6%, making it a sound addition to any investment portfolio. Located close to shopping, Brock University, public transit, highway access, restaurants, and everyday amenities, this turn-key property offers excellent rental appeal and long-term value.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$13,370
Land Transfer Tax Fee
$27,235

Rental Items

Under Contract
None

Basement Type
Finished, Full

Interior Features

Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Deck, Porch
Pool
None
Property Features
Public Transit, School

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
6-15

Construction

Exterior Finish
Stone, Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
66.80 ft
Lot Depth
121.00 ft
Lot Size
66.80 x 121.00 Feet
Lot Size Code
66.80 x 121.00 Feet

Inclusions

Inclusions
3 Fridges, 3 Stoves, 3 Washers, 3 Dryers, 3 Microwaves

Parking & Garages

Garage Type
None
Garage Spaces
8
Parking Spaces
8
Total Garage And Parking Spaces
8

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
Yes
Telephone
Yes

Bedrooms
8 + 4
Washrooms
12
Kitchens
3

Washrooms

  • 3-piece, Main
  • 3-piece, Upper
  • 3-piece, Lower

Area
Thorold
Municipality
Thorold
Neighbourhood
Thorold Downtown
Main cross streets
Richmond Street & Cleveland Street
Zoning
R3C
Directions
Pine Street to Richmond Street to Cleveland
Waterfront
None

MLS® number
X12176537
Data source
Toronto Regional Real Estate Board
Status change
2025-09-27
Listed on
2025-05-27
Days on market
123 days
Possession type
Flexible
Co-op commission
2% + HST
Seller
Listed by
BOLDT REALTY INC., BROKERAGE

Home Market Value

Current home valuation for 43 Cleveland Street, Thorold, Thorold Downtown, Thorold, ON. Listed for $1,538,000

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Estimated Sales Range

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HOMEH Estimate for 43 Cleveland Street, Thorold, Thorold Downtown

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Thorold, ON
Minimum Down Payment Required:20.0%

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Minimum down payment

$307,600

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$1,230,400$1,153,500$1,076,600$999,700
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$6,007monthly$5,632monthly$5,257monthly$4,881monthly
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Land Transfer Tax

Provincial

$27,235

Total Land Transfer Tax

$27,235

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