$899,900
Thorold
9 WINTERBERRY Boulevard, Thorold, Ontario, L2V0J1
This 7-bedroom, 6-bathroom home in Thorold is for sale offering roughly 2,865 sq ft of space. It has been on the market 68 days, fresher than the Thorold average of 75 days.
Turn-Key Licensed Student Rental with Exceptional Income Potential Fabulous investment opportunity—live in one portion of the home while generating substantial rental income to help offset your mortgage. This fully licensed student rental offers an outstanding setup with 7 spacious bedrooms and 6 bathrooms, including the option to create a private owner’s suite. This impressive two-storey home features over 2,860 sq. ft. of finished living space, thoughtfully designed for comfort, efficiency, and long-term value. The main level boasts a bright and spacious living room, formal dining area, large functional kitchen, convenient 2-piece bathroom, and main-floor laundry facilities. Upstairs, you’ll find 4 generous bedrooms, including a large primary suite, along with 3 full 4-piece bathrooms, providing privacy and convenience for tenants or family members. The fully finished lower level features a separate entrance, 3 additional bedrooms, a second kitchen, rough-in for laundry, and a 4-piece bathroom—ideal for extended family or maximizing rental income. This property generates an impressive gross monthly income of $5,220 (see attachments for details). Ideally located just minutes from Brock University, Niagara College, public transit, parks, and shopping, this home is perfectly positioned for investors or families seeking a multi-generational living solution. Don’t miss this rare opportunity to own a turn-key income property in a highly desirable location with strong cash flow and outstanding potential. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 68 days on market, against an average age of 75 days across the listings currently for sale in this city
This 7-bed single family in Thorold has been listed for 68 days, which is 7 days fresher than the city average of 75. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $899,900, about 11.2× the local median household income of $80,000.
Carrying it typically needs a household income of about $175,782 (20% down, 25-yr amortization, stress-tested) — roughly 120% above the area median.
Source: Statistics Canada, 2021 Census (FSA L2V)
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Loading rates, 30-yr amortization
Cash Needed to Close
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.