$675,000
Thorold
17 Queen Street North, Thorold (Thorold Downtown), Ontario, L2V2P7
This multi-family property in Thorold is for sale offering roughly 2,250 sq ft of space. It has been on the market 2 days, fresher than the Thorold average of 81 days.
One Owner Home since built in 1965. Excellent Investment Opportunity in the Heart of Thorold! Ideally located just minutes from Brock University and Thorold. Vibrant downtown core, this spacious multi-family property offers exceptional versatility, generous living space and exciting future potential. Situated on an impressive 74 x 167 ft. lot, the property offers a side yard of 36 ft and redevelopment opportunities, subject to municipal approvals. Currently configured with two self-contained residential units, each featuring 3 bedrooms, a full bathroom, an eat-in kitchen and a comfortable living room. With over 2,200 sq. ft. of above-grade living space, plus approximately 1,000 sq. ft. in the lower level, this property is well suited for multi-generational living or investors looking to capitalize on the strong rental demand near Brock University. The spacious basement offers additional possibilities for future development, including the potential for a third residential unit, subject to applicable approvals. Outside, enjoy a generous backyard featuring mature gardens, fruit trees and plenty of outdoor space. A large detached two-car garage provides excellent storage, workshop space or potential for future conversion to an accessory dwelling unit, subject to municipal approvals. ZonedR1C, this property presents an attractive opportunity for buyers exploring additional residential uses and future development possibilities, subject to confirmation with the City of Thorold. Whether you are looking to expand your investment portfolio, accommodate extended family or explore the property's redevelopment potential, this is a rare opportunity with plenty of possibilities in a desirable and convenient location. A must-see! (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 2 days on market, against an average age of 81 days across the listings currently for sale in this city
This 6-bed multi-family in Thorold (Thorold Downtown) has been listed for 2 days, which is 79 days fresher than the city average of 81. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $675,000, about 8.4× the local median household income of $80,000.
Carrying it typically needs a household income of about $131,851 (20% down, 25-yr amortization, stress-tested) — roughly 65% above the area median.
Source: Statistics Canada, 2021 Census (FSA L2V)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.