44 Cleveland Street, Thorold, ON
L2V 3K4
Listed May 30, 2026
About this property
Over 3,400 Square Feet of finished living space! This purpose-built 2018 custom investment property in the heart of Thorold, offering two fully independent units each with 4 bedrooms and 4 private ensuite bathrooms - designed from the ground up to maximize rental income. Each unit operates with independence featuring its own full kitchen and living area, and dedicated HVAC system. Current rents nearly $70,000 annually at full occupancy, driven by unbeatable proximity to Brock University, Niagara College, major transit routes, and all key amenities. Stainless steel appliances throughout, aggregate concrete walkway, double-wide driveway, landscaped and fully fenced yard deliver the curb appeal that attracts quality tenants and commands top-of-market rents. Turnkey, low-maintenance, and purpose-built. This is a rare opportunity to acquire a high-performing dual-unit asset in one of Niagara's strongest rental corridors.
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 44 Cleveland Street — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$154,980 · Minimum $52,490
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
$4,840/mo
About $58,080 a year
- $3,428
- $311
- Home insurance$125
- Utilities$330
- Maintenance & repairs$646
Cash needed to close
- Down payment (20%)
- $154,980
- Ontario land transfer tax
- $11,973
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $169,453
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
44 Cleveland Street, Thorold, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: May 30, 2026
Listing Office: COLDWELL BANKER MOMENTUM REALTY, BROKERAGE
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