$549,000

For sale

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31 Pine Street North, Thorold (Thorold Downtown) - Multi-family for Sale

31 Pine Street North, Thorold (Thorold Downtown), Ontario, L2V2P1

5 beds3 baths5 parking ft²

17 Queen Street North, Thorold (Thorold Downtown), Ontario, L2V2P7

6 bd3 ba6 pk2,250 ft²Lot size 75 × 167 ft (12,475 sq ft)

Listed by ROYAL LEPAGE NRC REALTY

21 PINE Street South, Thorold (Thorold Downtown), Ontario, L2V3L1

For sale

12 days ago

$850K

21 PINE Street South, Thorold (Thorold Downtown), Ontario, L2V3L1

5 bd2 ba11 pk1,750 ft²Lot size 63 × 165 ft (10,395 sq ft)

Listed by REVEL Realty Inc., Brokerage

28 Chapel Street South, Thorold (Thorold Downtown), Ontario, L2V2C6

For salePrice drop

35 days ago

$830K$880K

↓ $50K (6%) price drop

28 Chapel Street South, Thorold (Thorold Downtown), Ontario, L2V2C6

7 bd4 ba6 pk3,250 ft²Lot size 66 × 132 ft (8,752 sq ft)

Listed by BOLDT REALTY INC., BROKERAGE

15 St David Street West, Thorold (Thorold Downtown), Ontario, L2V2L1

For sale

59 days ago

$800K

15 St David Street West, Thorold (Thorold Downtown), Ontario, L2V2L1

7 bd3 ba12 pk4,250 ft²Lot size 138 × 190 ft (26,248 sq ft)

Listed by ROCKHAVEN REALTY INC.

Investment analysis

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$549,000

Thorold

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64 × 108 ft (6,869 sq ft) lot size

Overview

This multi-family property in Thorold is for sale offering roughly 2,250 sq ft of space. It has been on the market 55 days, fresher than the Thorold average of 81 days.

Multi-Family Properties for Sale in Thorold →All real estate in Thorold →

Description

Attention investors! This three-story home in the heart of Thorold is currently being used as a single family home, however was previously a triplex and has R3 zoning. Three levels of living space, with the potential to create three units, one on each floor. All units would need to be updated and brought to code. With two separate driveways there is plenty of off-street parking. Easy highway access, public transit, close to all amenities, schools, shopping and walking trails. Brock University is under 4km away! (id:66096)

Property Details

MLS®: X13769760
Property Type: Multi-family
Zoning: R3
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 3
Parking: 5
Interior Size: 2,250 ft²
Lot Size: 64 × 108 ft (6,869 sq ft)
Frontage: 64 ft
Storeys: 3
Basement: Partial
Heating: Heat Pump, Forced air, Electric, Natural gas
Garage: Detached Garage, Garage
Property Tax: $3,438/yr
Listed: 55 days ago

Rooms

Main level

Kitchen: 3.28 x 3.72 meters
Living room: 3.2 x 4.27 meters
Bedroom: 3.56 x 4.47 meters
Bedroom 2: 4.17 x 2.39 meters
Bathroom: 2.31 x 2.59 meters

Third level

Kitchen: 4.57 x 2.21 meters
Living room: 4.22 x 3.61 meters
Bedroom 5: 3.73 x 3.63 meters
Bathroom: 2.67 x 1.86 meters

Second level

Kitchen: 3.69 x 2.77 meters
Living room: 4.67 x 2.82 meters
Bedroom 3: 3.89 x 3.25 meters
Bedroom 4: 2.82 x 3.3 meters
Bathroom: 2.77 x 1.78 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Water meter
Flooring: Hardwood, Vinyl
Foundation: Stone
Exterior: Brick, Aluminum siding

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

55d

Thorold (Thorold Downtown) listings, avg age

81d

Price / ft²

$244

List price

$549K

Haho

This 5-bed multi-family in Thorold (Thorold Downtown) has been listed for 55 days, which is 26 days fresher than the city average of 81. Act while there is still low competition.

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Listed by Century 21 Heritage House LTD · Rebecca Scarlett

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2V)

This home lists at $549,000, about 6.9× the local median household income of $80,000.

Carrying it typically needs a household income of about $107,239 (20% down, 25-yr amortization, stress-tested) — roughly 34% above the area median.

Median household income: $80,000
Population: 19,795
Median age: 37.6
Owner / renter: 68% / 32%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA L2V)

$549,000· $244/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,900.00

Min 5.45%50%

Mortgage payment$2,878/mo

↳ CMHC premium ($20,764 capitalized)

Property tax (est.)$287/mo

Total monthly$3,164

Cash Needed to Close

Down payment (5.45%)$29,900

Land transfer tax$7,455

Est. closing costs$4,147

Total cash needed$41,502

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