125 Peel Street, Thorold
Listed at $699,900
Attention Investors! Turnkey LEGAL duplex in a prime Thorold location ideal for your growing portfolio. This solid investment features two self-contained 2-bedroom, 1-bathroom units, both updated with modern kitchens, renovated bathrooms, and carpet-free flooring throughout. Move-in ready with no work required. Located on a quiet dead-end street, appealing to quality tenants. Outside, enjoy a fully fenced yard, brand new private deck and parking for two vehicles. Located near the river and Thorold South Park, with easy access to highways and public transit.Separate utilities include: 2 gas meters, 2 furnaces, 2 hydro panels, and 2 rented hot water tanks. Exterior waterproofing completed with sump pump.
Unit 1: Window A/C May 2024, Furnace Dec 2024, Ceiling fans in bedrooms & kitchen May 2024, Asphalt driveway & large window wells July 2024.
Unit 2: Ceiling fans in bedrooms & kitchen (May 2025), New vinyl plank floors in kitchen & bathroom April 2025, Separate gated side entrance for Unit 2 April 2025.
Rent Unit 1: $1695 +$80 for water, Tenant will be leaving August 31, 2025.
Rent Unit 2: Vacant, projected monthly income of $1550 + $80 for water
