22 & 24 River Street
- 16 beds
- 9 baths
- 5000 + sqft
- Multiplex
- < .50 ac lot
Homes like this in Thorold sell in about 42 days — this one has been listed 104 days.
3 upcoming open houses
Drop in during an open house, or tour online — no appointment needed.
- Open houseDate TBDTime TBD
- Open houseDate TBDTime TBD
- Open houseDate TBDTime TBD
What this listing tells us
Newly Lowered Price! This is a Great Opportunity to acquire this Rare 9-Unit Multi-Residential Investment property in Thorold which will offer about $72,000 net operating Income yearly when the 2 Bedroom becomes rented at $1450./mo. 22-24 River Street which is located in the historic hamlet of Port Robinson, Thorold is situated on the east bank of the Welland Canal. 2nd Floor front tenants enjoy a view of the Canal as the ships go by. 7 out of 9 Units have been updated ! 8 out of 9 units pay their own Hydro being separately metered! Residential License for both Properties til Feb 2028! New Gravel was laid down the private driveway and all through the back area where the 9 car parking is. Half the Roof was replaced in 2024 (Bill included). Vendor will hold a first mortgage with 20% Down Payment and is Motivated to sell since he will be retiring after owning the building for a decade.
Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.
- Newly Lowered Price!
- Residential License for both Properties til Feb 2028!
- New Gravel was laid down the private driveway and all through the back area where the 9 car parking is.
- Half the Roof was replaced in 2024 (Bill included).
Listing, price, and tax history
Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.
| Date | Event | Status | Price | Change | MLS® | View |
|---|---|---|---|---|---|---|
| Jul 27, 2026 | Price reducedCurrent | Reduced | $1,125,000 | −$270,000 (19.4%) | X13002648 | This page |
| Apr 15, 2026 | ListedCurrent | For sale | $1,395,000 | — | X13002648 | This page |
Inside this property
Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.
Features & systems
Heating, cooling, parking, exterior, lot, possession, and more.
Systems
4- Heating
- Baseboard
- Air conditioning
- Window Unit(s)
- Water source
- Municipal
- Sewer
- None
Parking & garage
3- Garage
- None
- Parking spaces
- 9
- Driveway
- Available, Boulevard, Private
Interior
6- Basement
- Apartment
- Family room
- N
- Kitchens
- 9
- Total rooms
- 34
- Laundry level
- Main Level
- Elevator
- N
Exterior & construction
4- Exterior
- Concrete, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Pool
- None
Listing & possession
4- Possession
- 2026-05-31T00:00:00.000-00:00
- Occupancy
- 30-60days flexible
- Property style
- 2-Storey
- Property class
- Multiplex
Getting around, schools & the block
Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.
Points of interest classified by the MLS® feed.
- Campground
- Greenbelt/Conservation
- Hospital
- Park
- Place Of Worship
- River/Stream
The money — monthly cost, mortgage & return
Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.
Cost of ownership
A monthly snapshot at typical assumptions — personalize the mortgage just below.
Mortgage & affordability
Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.
- Best5-yr Fixed · Insured4.09%0.40% below banks
- 5-yr Fixed · Conventional4.34%APR · OAC
- 3-yr Fixed · Conventional4.49%APR · OAC
- 5-yr Variable · Variable4.85%APR · OAC
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.
Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.
Rental income & return
What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.
AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.
How this home sits in the Thorold market
Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.
The Thorold market right now
Average sold price, days on market, and closed-transaction count for Thorold — sourced from MLS®.
- Avg sold price$622,722Last 30 days
- Median sold price$615,000Middle of the market
- Days on market42 dAvg from list to close
- Closed last 30d99MLS® transactions
Comparable multiplexs that just sold in Thorold
Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.
| Address | Bd / Ba | Sqft | Sold | $/sqft | % of ask | Sold |
|---|---|---|---|---|---|---|
| 22 & 24 River StreetThis home | 16 / 9 | 5,000 | $1,125,000ask | $225 | — | — |
| 30 Cunningham Street | 15 / 8 | 5,000 | — |
We'll get you into 22 & 24 River Street — the seller pays our commission
On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.
$0 to you. The seller pays our fee.
On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.
- AI-first listing data
Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.
- One team, no handoffs
Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.
- Showings on YOUR schedule
Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.
- Mortgage that closes
Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.
Property flags & disclosures
An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.
We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 22 & 24 River Street and found nothing flagged. We re-check automatically as new records publish.
Common questions about this property
Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.
How much is 22 & 24 River Street listed for?
22 & 24 River Street is listed at $1,125,000 on the MLS® (listing X13002648). The price updates on Summitly as soon as the MLS® record changes.
How many bedrooms, bathrooms, and square feet does 22 & 24 River Street have?
22 & 24 River Street is a 16-bedroom, 9-bath, 5000 + sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.
When was 22 & 24 River Street built?
The year built for 22 & 24 River Street isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.
What is the property tax for 22 & 24 River Street?
The 'Property tax' tab in the History section shows the most recent annual tax for 22 & 24 River Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.
How much would the monthly mortgage be on 22 & 24 River Street?
The affordability calculator on this page shows an estimated monthly mortgage for $1,125,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.
Has 22 & 24 River Street been sold before?
The 'Listing history' tab above lists every previous MLS® listing of 22 & 24 River Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.
What neighbourhood is 22 & 24 River Street in?
22 & 24 River Street is in Port Robinson, Thorold. The 'Neighbourhood' section below links to the live Thorold real estate hub with average sold price, days on market, and current inventory.
Is Thorold a good place to live?
Thorold is one of ON's actively-tracked Summitly markets. The full Thorold real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.
Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

