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Listed 2 months ago

24 Munro Street

557 - Thorold Downtown, Thorold

$649,000

Detached|Bungalow
3 | 3 | 3
About this home

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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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,063
Lot Size61.12 ft x 126 ft
mls© NumberX13459896
Listed ByROYAL LEPAGE NRC REALTY

Listing History

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  • 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.

Down payment20% · $129,800
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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