$529,900
13 ALBERT STREET W
Beds
—
Baths
—
Sqft
2,256
Year
—
Type
Retail
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Thorold (Thorold Downtown). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Turnkey mixed-use investment opportunity in the heart of downtown Thorold! Fully leased 4-unit building. Featuring 2 residential units. Both res units are Multi level cool and unique! The 3-bedroom renovated ( over past few years ) features two walk in closets and OWN laundry room - appliances included . 1552 sq ft. The other residential 2-bedroom unit , also multilevel (bedrooms upstairs on both units )with renovated kitchen and bathrooms and generous room sizes with walk in closet and other bedroom has a triple closet. No carpet in either . 1306 sq ft. for this unit. Both units appliances included, and 4 mobile a/c units . 2 commercial units, 1 is 369 sq ft and the other is 613 sq ft. All offering a well-balanced and diversified income stream. Situated steps to Front Street, this property benefits from a walkable downtown setting with local restaurants, cafés, and bakery-style shops nearby, including popular spots such as The Burgh, Thorold Family Medical Centre, and neighbourhood coffee ,lunch , shopping ,and pizza destinations. This building has two basements, both extremely suitable for storages rentals or use to suit. 2026 Flat roof just done by watertite with 15 yr transferrable warranty. The area provides consistent pedestrian activity and a strong sense of community, supporting long-term tenant demand. Property offers stable tenancies, consistent income, and manageable operating expenses. Rear laneway access with one parking space included. Ideal for investors seeking a low-maintenance asset in a growing Niagara Region location, with future upside potential in both residential and commercial rents. Excellent opportunity to own a fully tenanted mixed-use property in a vibrant and convenient location. month to month for commercial units, 1 res on a lease (id:65958)
- Subtype
- Retail
- Community
- 557 - Thorold Downtown
- Living area
- 2,256 square feet
- Lot dimensions
- Bldg=38.55 x 61 FT
- Parking
- 1 total
- On market
- Apr 23, 2026
- Status changed
- Apr 25, 2026
- Annual tax
- $4,407 (2025)
- Zoning
- C2
- Photos
- 44
- MLS#
- X13033828
- Area
- THOROLD_(THOROLD_DOWNTOWN)
Features and systems
Appliances
Heating
Cooling
Cash on cash
-6.97%
Cap rate
3.47%
GRM
16.7
Break-even rent
$3,298
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 25, 2026.