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Investment signal

$249,000

2246 CENTRE STREET

Save this home

Beds

Baths

Sqft

Year

Type

Vacant Land

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Thorold (Port Robinson). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Rare opportunity to own a prime lot on Centre Street in the heart of Thorold! Zoned for a fourplex, this generously sized lot is ready for your vision - build your dream home, live in one unit and let the others pay your mortgage, or create a full income property. Steps from the iconic Welland Canal trails, minutes to Niagara Falls, wine country, world-class golf, and the US border, this location puts the very best of Niagara at your doorstep. Enjoy small-town charm with big-city access - Thorold's historic downtown, top-rated schools, and vibrant community make this a place people are proud to call home. With Niagara's population booming and rental demand surging, this lot offers lifestyle, legacy, and long-term value all in one. Large lot, unbeatable location - opportunities like this don't last. Call today for full details. (id:65958)

Subtype
Vacant Land
Community
561 - Port Robinson
Lot dimensions
52.230971 x 247.31 FT ; L Shape
On market
Mar 11, 2026
Status changed
Apr 24, 2026
Annual tax
$0
Photos
3
MLS#
X12869234
Area
THOROLD_(PORT_ROBINSON)

Features and systems

Lot

Irregular lot size
Positive cash flow ~$765/mo at these assumptions

Cash on cash

18.44%

Cap rate

8.55%

GRM

8.6

Break-even rent

$1,594

Financing

Down payment$49,800
Loan amount$199,200
Mortgage$1,009/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$114
Insurance$80
Maintenance$208
CapEx reserve$104
Vacancy loss$120

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

Estimated $1,009/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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