32 MCNAMARA Street, Thorold | Image 1

32 MCNAMARA Street

Thorold, 557 - Thorold Downtown

  • - bed - bath
$XXX,XXX est.*: $2,333/mo
For Sale

Added 2 months ago

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  • Type: Detached

  • Style: 2-Storey

  • Lot Size: 56 x 82.85 Feet

  • Age: 16-30 years

  • Taxes: $4,519 per year

  • Days on Site: 66 Days

  • Added: Sep 12, 2024 (2 months ago)

  • Updated:

  • Last Checked: 8 hours ago

  • MLS®#: X9414508

  • Listed By: Re/max garden city realty inc, brokerage

Imagine owning this wonderful 1,800 sqft, 3 bed, 3.5 bath brick home with a garage for just $1,500 a month in mortgage payments! Yes, you read that right this could be your reality. Here's how: We'll add a fully legal 1-bedroom basement apartment with its own private entrance, and you could easily earn $1,500 a month in rental income. Even better? Half of this rental income can be added to your income to help you qualify for financing! With a purchase price of $688K, a 4% mortgage rate, and 25-year amortization, putting down $130,000 would normally give you a $3,000 monthly mortgage payment. But with the rental income, you're only looking at a net payment of $1,500 per month! And as interest rates continue to drop, going variable could save you even more. Want to flip the script? Live in the basement and rent out the upper level for $3,000 per month, and your mortgage payments could be covered entirely living for free! Or... rent the entire house out and let it pay for itself giving you positive cashflow. Located close to shopping, dining, highways, and Brock University, this is not just a home, it's a fantastic investment opportunity. Don't miss out!

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Property

  • Status: Sale

  • Property Type: Detached

  • Style: 2-Storey

  • Age: 16-30

  • Area: Thorold

  • Community: 557 - Thorold Downtown

  • Availability Date: Immediate

  • Assessment Amount: $275,000

  • Assessment Year: 2023

Inside

  • Bedrooms: 3

  • Bathrooms: 4

  • Kitchens: 1

  • Rooms: 9

  • Den/Family Room: Yes

  • Air Conditioning: Central Air

  • Fireplace: Yes

  • Washrooms: 4

Building

  • Basement: Unfinished

  • Basement 2: W/O

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Elevator: N

  • UFFI: No

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Pvt Double

  • Garage Spaces: 1

  • Garage Type: Attached

  • Covered Parking Spaces: 4

  • Total Parking Spaces: 4

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 32 N/S Orchard St. PL 894 PT 1

  • Taxes: $4,519

Land

  • Cross Street: Take St Davids Road

  • Municipality District: Thorold

  • Parcel Number: 644520178

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 82.85 Feet

  • Lot Frontage: 56 Feet

  • Acres: < .50

  • Zoning: R2

Rooms

Room details for 32 MCNAMARA Street, Thorold

Type Dimensions
Living Main 3.35 x 4.26
Dining Main 3.35 x 3.96
Kitchen Main 5.43 x 4.26
Br 2nd 3.35 x 4.11
Br 2nd 3.35 x 3.60
Br 2nd 4.67 x 5.63
Great Rm Bsmt 5.79 x 6.40
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Very Walkable

  • Most errands can be accomplished on foot.
76 /100

Some Transit

  • Most errands require a car.
40 /100

Bikeable

  • Some errands can be accomplished on bike.
52 /100
JK-8

Burleigh Hill Public School

Elementary: Public
1.30 km
JK-8

St Theresa Catholic Elementary School

Elementary: Catholic
1.40 km
JK-8

Prince of Wales Public School

Elementary: Public
1.00 km
JK-8

Westmount Public School

Elementary: Public
0.94 km
JK-6

Applewood Public School

Elementary: Public
1.77 km
JK-3

St Charles Catholic Elementary School

Elementary: Catholic
0.79 km
9-12

DSBN Academy

Secondary: Public
4.53 km
9-12

Thorold Secondary School

Secondary: Public
0.39 km
9-12

St Catharines Collegiate Institute and Vocational School

Secondary: Public
5.26 km
9-12

Laura Secord Secondary School

Secondary: Public
6.14 km
9-12

Sir Winston Churchill Secondary School

Secondary: Public
2.57 km
Pre-Grade 9-12

Denis Morris Catholic High School

Secondary: Catholic
2.92 km
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