23 Sullivan Avenue, Thorold, ON
L2V 2Y3
Listed July 23, 2026
About this property
Welcome to 23 Sullivan Avenue, a high performing income property positioned on a desirable corner lot, offering added privacy, curb appeal, and long term upside potential.This solid investment property features two fully self contained 3 bedroom, 1 bathroom units,each with its own private entrance, kitchen, living space, and laundry, providing maximum flexibility for both investors and future owner occupants. Both units are fully tenanted with strong, reliable occupance already in place, delivering immediate cash flow from day one. No Vacancy, no setup, no hassle.Each unit offers a functional layout, generous living space, and a design that consistently attracts quality renters. The corner lot not only enhances curb appeal but also provides additional natural light, increased privacy, and future potential.Located in a high-demand rental area close to schools, parks, shopping, public transit, andquick highway access, this turnkey property checks every box for investors seeking stable income, long-term appreciation, and exceptional value.
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 23 Sullivan Avenue — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$135,800 · Minimum $42,900
Use the rate your lender or broker quotes you.
Monthly costs
From the listing (2025 tax bill).
Leave at $0 if there isn't one.
Typical for this kind of home.
Hydro, heating, water and sewer.
About 1% of the price a year, set aside.
One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$4,348/mo
About $52,176 a year
- $3,003
- $324
- Home insurance$125
- Utilities$330
- Maintenance & repairs$566
Cash needed to close
- Down payment (20%)
- $135,800
- Ontario land transfer tax
- $10,055
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $148,355
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
23 Sullivan Avenue, Thorold, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: July 23, 2026
Listing Office: ROYAL LEPAGE SIGNATURE REALTY
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