Sold on Nov 16, 2024
Note: Property is not currently for sale or for rent.
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Type: Detached
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Style: 2-Storey
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Lot Size: 56 x 82.85 Feet
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Age: 16-30 years
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Taxes: $4,519 per year
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Days on Site: 65 Days
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Added: Sep 11, 2024 (2 months on market)
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Updated:
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Last Checked: 50 minutes ago
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MLS®#: X9414508
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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!
Status
Days on Market: 65
Last Status: Sold
Sold Date: Nov 16, 2024
Closed Date: Dec 17, 2024
Expiry Date: Dec 15, 2024
Sold Price: $735,000
Unavailable Date: Nov 28, 2024
Input Date: Sep 12, 2024
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 | Description |
|---|---|---|
| Living Main | 3.35 x 4.26 | Fireplace, Hardwood Floor |
| Dining Main | 3.35 x 3.96 | Hardwood Floor |
| 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 |
Very Walkable
- Most errands can be accomplished on foot.
Some Transit
- Most errands require a car.
Bikeable
- Some errands can be accomplished on bike.
Burleigh Hill Public School
Elementary: PublicSt Theresa Catholic Elementary School
Elementary: CatholicPrince of Wales Public School
Elementary: PublicWestmount Public School
Elementary: PublicApplewood Public School
Elementary: PublicSt Charles Catholic Elementary School
Elementary: CatholicDSBN Academy
Secondary: PublicThorold Secondary School
Secondary: PublicSt Catharines Collegiate Institute and Vocational School
Secondary: PublicLaura Secord Secondary School
Secondary: PublicSir Winston Churchill Secondary School
Secondary: PublicDenis Morris Catholic High School
Secondary: Catholic-
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