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557 - Thorold Downtown, Thorold
$515,000
Step into this beautifully refreshed legal duplex, where classic charm meets modern comfort. Ideally located in one of Thorold's most central and sought-after neighbourhoods, this bright and airy home is perfect for first-time buyers, investors, or those seeking flexible living options.the home offers a warm and welcoming atmosphere from the moment you enter. The spacious layout features generously sized bedrooms filled with natural light, ideal for restful retreats or productive home offices. Sun-filled living areas create an inviting ambiance that enhances everyday living. Outside, the large backyard provides endless possibilities for entertaining, gardening, or creating your own private outdoor sanctuary. With recent renovations already completed, this property is truly move-in ready. Conveniently located close to parks, schools, shopping, transit, and highway access, this home blends everyday convenience with small-town charm. Whether you're beginning your homeownership journey or looking for a property that simply feels right, this exceptional duplex checks all the boxes.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 100+ |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,247 |
| Lot Size | 35.5 ft x 67.9 ft |
| mls© Number | X13550826 |
| Listed By | CMI REAL ESTATE INC. |
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%
- $2,636
- Property tax
- $271
- Heat allowance
- $150
- Housing costs
- $3,057 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$94,000
gross annual household income
- Payment at 4%
- $2,167 / mo
- Cash down
- $103,000
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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