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557 - Thorold Downtown, Thorold
$649,000
Mid Century bungalow, meticulously maintained located in one of Thorold's most desirable family-friendly neighbourhoods, conveniently situated near parks, schools, amenities, and on the Brock University bus route. Thoughtfully designed with comfort, functionality, and future income potential in mind, this beautiful home features three bedrooms, three bathrooms, including a private ensuite off the primary bedroom, beautiful hardwood flooring throughout, and generously sized hallways and doorways that enhance the home's open feel. A bright bonus room at the front of the home provides the perfect space for a home office, sitting area, or potential third bedroom, offering lovely views of the street, while the attached garage leads into a practical mudroom with plenty of storage. Pride of ownership is evident throughout, with regular furnace servicing and numerous updates completed in 2025/2026, including windows, concrete walkway, blown insulation, washer, dryer, and water heater. The unfinished basement presents an incredible opportunity for additional living space or rental income, featuring a separate entrance and rough-ins already in place for both a future bathroom and lighting, making it ideal for an in-law suite, student rental, or secondary dwelling unit (buyer to complete due diligence regarding permits and approvals). The attractive brick exterior and tasteful landscaping provide excellent curb appeal, making this a truly unique opportunity for families, investors, students, or anyone seeking a beautifully maintained home in a sought-after Thorold location. Quick closing possible.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,063 |
| Lot Size | 61.12 ft x 126 ft |
| mls© Number | X13459896 |
| Listed By | ROYAL LEPAGE NRC REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,322
- Property tax
- $339
- Heat allowance
- $150
- Housing costs
- $3,810 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$117,000
gross annual household income
- Payment at 4%
- $2,731 / mo
- Cash down
- $129,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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