Turnkey Income Property with Development Upside – 66 Queen St S, Thorold Live, Rent, Develop – The Choice is Yours An exceptional opportunity to own 3 unit home duplexed bungalow and attached self contained unit in back, located in 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 68 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 68 Queen St S next door to unlock full development potential. (id:60626)
| MLS® Number | 40721985 |
| Property Type | Multi-family |
| Amenities Near By | Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Community Features | Community Centre, School Bus |
| Features | Sump Pump |
| Parking Space Total | 3 |
| Bathroom Total | 3 |
| Bedrooms Total | 7 |
| Appliances | Window Coverings |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Stone, Vinyl Siding |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 2,700 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 132 Ft |
| Size Frontage | 39 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R3 |
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