207 Beaver St
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207 Beaver St
4 Unit Block of Flats £386,991 (£96,748/Unit) 7% Net Initial Yield Thorold, ON L2V 1B8
Investment Highlights
- Fully occupied, turnkey investment property
- Separate meters for tenant utilities
- Located in redeveloping Thorold South
Executive Summary
Turnkey investment opportunity featuring four fully occupied units in the redeveloping neighborhood of Thorold South. Each unit has its own front door and separate meters, offering independent access and easy management. The property includes two fenced backyards and is legally licensed with the city. With new construction homes emerging across the street and throughout the community, this location is poised for significant appreciation, making it a prime investment as land values increase.
The units consist of a mix of layouts: Unit #1 has three bedrooms and rents for $2,000/month, Unit #2 is a one-bedroom at $1,000/month, Unit #3 is also a one-bedroom at $763/month, and Unit #4 offers a unique 1+2 bedroom configuration for $800/month. All tenants are responsible for their own heat and hydro, simplifying management. Room sizes are available for Unit #1, and further details can be reviewed on the provided floor plan.
The units consist of a mix of layouts: Unit #1 has three bedrooms and rents for $2,000/month, Unit #2 is a one-bedroom at $1,000/month, Unit #3 is also a one-bedroom at $763/month, and Unit #4 offers a unique 1+2 bedroom configuration for $800/month. All tenants are responsible for their own heat and hydro, simplifying management. Room sizes are available for Unit #1, and further details can be reviewed on the provided floor plan.
Property Facts
| Price | £386,991 | Apartment Style | Low Rise |
| Price Per Unit | £96,748 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.08 AC |
| Net Initial Yield | 7% | Building Size | 3,049 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Residential | Number of Floors | 3 |
| Property Subtype | Apartment | Year Built | 2002 |
| Price | £386,991 |
| Price Per Unit | £96,748 |
| Sale Type | Investment |
| Net Initial Yield | 7% |
| No. Units | 4 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 3,049 SF |
| Average Occupancy | 100% |
| Number of Floors | 3 |
| Year Built | 2002 |
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zoning
| Zoning Code | R2 (Residential zone.) |
| R2 (Residential zone.) |
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207 Beaver St
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