Thorold, ON L2V2M6,32 MCNAMARA Street
Thorold, ON L2V2M6,32 MCNAMARA Street
Thorold, ON L2V2M6,32 MCNAMARA Street
Thorold, ON L2V2M6,32 MCNAMARA Street
Thorold, ON L2V2M6,32 MCNAMARA Street
Thorold, ON L2V2M6,32 MCNAMARA Street
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$ 688,800
Est. payment | /mo

3 Beds

4 Baths

2,600 SqFt


$ 688,800
Est. payment | /mo

3 Beds

4 Baths

2,600 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $264

Subdivision 557 - Thorold Downtown

MLS® Listing ID 40645014

Style 2 Level

Bedrooms 3

Half Baths 1

Originating Board Niagara Association of REALTORS®

Year Built 2003

Property Description

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! (id:24570)

Location

Province ON

Rooms

Extra Room 1 Second level Measurements not available 4pc Bathroom

Extra Room 2 Second level Measurements not available 4pc Bathroom

Extra Room 3 Second level 16'3'' x 12'4'' Bedroom

Extra Room 4 Second level 11'10'' x 11'0'' Bedroom

Extra Room 5 Second level 11'3'' x 11'0'' Bedroom

Extra Room 6 Basement Measurements not available 3pc Bathroom

Interior

Heating Forced air,

Cooling Central air conditioning

Fireplaces Number 1

Exterior

Garage Yes

Community Features Quiet Area, School Bus

Waterfront No

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Architectural Style 2 Level

Others

Ownership Freehold

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Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE

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32 MCNAMARA Street

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Jayson Sidhu

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