32 Mcnamara Street Thorold, ON L2V 2M6
3 Beds
4 Baths
1,800 SqFt
UPDATED:
11/13/2024 02:11 PM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $382
MLS Listing ID 40645014
Style Two Story
Bedrooms 3
Full Baths 3
Half Baths 1
Abv Grd Liv Area 2,600
Originating Board Niagara
Year Built 2003
Annual Tax Amount $4,519
Property Description
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!
Location
Province ON
County Niagara
Area Thorold
Zoning R2
Direction Take St Davids Road to Pine Street N to McNamara Street
Rooms
Basement Walk-Out Access, Full, Unfinished, Sump Pump
Kitchen 1
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplaces Number 1
Fireplaces Type Gas
Fireplace Yes
Appliance Water Heater Owned, Dishwasher, Refrigerator, Stove
Exterior
Garage Attached Garage
Garage Spaces 1.0
Waterfront No
Roof Type Asphalt Shing
Lot Frontage 56.0
Lot Depth 82.85
Parking Type Attached Garage
Garage Yes
Building
Lot Description Urban, Ample Parking, Highway Access, Library, Public Transit, Quiet Area, School Bus Route, Shopping Nearby
Faces Take St Davids Road to Pine Street N to McNamara Street
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Architectural Style Two Story
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 644520178
Ownership Freehold/None