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41 Carleton Street S, Thorold, ON, L2V 1Z7

MLS® # 40640211
Investment For Sale In Thorold Proper, Thorold, Ontario
$2,500,000
41 Carleton Street S, Thorold, ON - Outdoor
41 Carleton Street S, Thorold, ON - Outdoor With Facade
41 Carleton Street S, Thorold, ON - Outdoor
41 Carleton Street S, Thorold, ON - Outdoor
41 Carleton Street S, Thorold, ON - Outdoor
41 Carleton Street S, Thorold, ON - Outdoor With View
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Kitchen
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Kitchen
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Other Room
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Other Room
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Other Room
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Other Room
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Bathroom
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Living Room
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Living Room
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Living Room
41 Carleton Street S, Thorold, ON - Indoor
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Kitchen With Double Sink
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Bathroom
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Bedroom
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Bedroom
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Bedroom
41 Carleton Street S, Thorold, ON - Outdoor With Exterior
41 Carleton Street S, Thorold, ON - Outdoor With Exterior
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Laundry Room
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Other Room
41 Carleton Street S, Thorold, ON - Indoor
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Other Room
41 Carleton Street S, Thorold, ON - Outdoor
41 Carleton Street S, Thorold, ON - Outdoor
41 Carleton Street S, Thorold, ON - Outdoor
41 Carleton Street S, Thorold, ON  - Outdoor
41 Carleton Street S, Thorold, ON  - Outdoor With Facade
41 Carleton Street S, Thorold, ON  - Outdoor
41 Carleton Street S, Thorold, ON  - Outdoor
41 Carleton Street S, Thorold, ON - Outdoor
41 Carleton Street S, Thorold, ON - Outdoor With View
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Kitchen
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Kitchen
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Other Room
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Other Room
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Other Room
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Other Room
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Bathroom
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Living Room
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Living Room
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Living Room
41 Carleton Street S, Thorold, ON - Indoor
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Kitchen With Double Sink
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Bathroom
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Bedroom
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Bedroom
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Bedroom
41 Carleton Street S, Thorold, ON - Outdoor With Exterior
41 Carleton Street S, Thorold, ON - Outdoor With Exterior
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Laundry Room
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Other Room
41 Carleton Street S, Thorold, ON - Indoor
41 Carleton Street S, Thorold, ON - Indoor Photo Showing Other Room
41 Carleton Street S, Thorold, ON - Outdoor
41 Carleton Street S, Thorold, ON - Outdoor
41 Carleton Street S, Thorold, ON - Outdoor
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41 Carleton Street S, Thorold, ON, L2V 1Z7
$2,500,000

Property Information:

Looking for a great investment property with 11 fully rented two-bedroom units, and a gross income of $161000 per year? Look no further than 41 Carleton St. South. Located on a quiet residential street near the canal, you will appreciate the brick exterior, the solid concrete block walls and core slab ceilings throughout the building, and the separate hydro meters for each unit. There are 11 two-bedroom units in total, plus a shared laundry room in the basement, and another room with separate storage lockers for each unit. Five of the units have been extensively renovated in the last three years, complete with beautiful new kitchens and bathrooms, light fixtures, and durable luxury vinyl plank floors. Several others have been partially renovated with new flooring and lighting. So many updates were done in the past five years-the driveway and parking lot (with room for 12 cars) were re-done with new asphalt in 2022, new fence on the driveway side in 2022, new boiler in 2019, carpets were replaced in all the hallways, the main electrical panel was switched over to 12 separate meters (7 units are paying their own hydro so far), all units had their individual electrical panels switched from fuses to breakers, the hallway and stairwell lighting were all switched to LED lights & the emergency exit signs and battery packs were replaced, the plumbing shutoffs for all the units were replaced in the utility room, the back entry door and several patio doors were replaced, and the basement hallway and laundry room were re-painted. Great long term investment, with wonderful tenants. Minimum 24 hour notice for showings.

Inclusions: Hot Water Tank Owned,Smoke Detector,11 Fridges, 11 Stoves

Exclusions : All Tenant's Belongings

Building Features:

  • Floor Space: 8370 Square Feet

Property Features:

  • Bedrooms: 22
  • Acres Range: < 0.5
  • Basement: Walk-Up Access, Full, Finished
  • Cooling: None
  • Driveway Parking: Private Drive Single Wide
  • Exterior Features: Balcony
  • Floor Space (approx): 8370 Square Feet
  • Heating: Radiator
  • Interior Features: Separate Hydro Meters
  • Laundry Features: Coin Operated
  • Lot Depth: 132 Feet
  • Lot Features: Ample Parking, Dog Park, Highway Access, Library, Park, Place of Worship, Playground Nearby, Public Transit, Quiet Area, Schools, Shopping Nearby, Trails
  • Lot Frontage: 82.00 Feet
  • Parking Features: Asphalt
  • Roof: Membrane
  • Security Features: Smoke Detector, Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Zoning: Multi-Residential
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 12

Courtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGE

Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

Sales/Price History

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Location of 41 Carleton Street S, Thorold, ON, L2V 1Z7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

35 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

13 storms expected in 2050

Projected Heat Risk: Moderate

35 hot days expected in 2050

56/100

Moderate

ClimateCheck®

Current data

This property, 41 Carleton Street S, experiences 7 hot days per year at around 31.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 35 hot days at 34.8 degrees Celsius.

Projected Avg. Temperature

Past
31.2℃
2050
34.8℃

# Hot Days Per Year

Past
7
2050
35

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

13 storms expected in 2050

60/100

Moderate-High

ClimateCheck®

Current data

This property, 41 Carleton Street S, experiences 11 significant 2-day storms per year, with about 316.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 388.4mm of precipitation per year.

Precipitation Per Storm

Past
316.1mm
2050
388.4mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 41 Carleton Street S, Thorold, ON, L2V 1Z7

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$87,230.43

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.89 %

High school certificate or equivalent

32.92 %

Apprenticeship trade certificate/diploma

6.95 %

College/non-university certificate

24.96 %

University Degree

14.28 %

Commuter

Travel To Work

By Car

87.15 %

By Public Transit

4.75 %

By Walking

5.62 %

By Bicycle

0.0 %

By Other Methods

2.48 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

62.91 %

Houses

37.09 %

Own Vs. Rent