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Price Change$449,000

87 Mcdonald Avenue

557 - Thorold Downtown, Thorold

$548,000

Detached|Bungalow
2 | 2 | 4
About this home

Welcome to 87 McDonald Avenue, with 2,000+ finished sq ft, this is a home full of potential, offering flexible living space on an oversized lot in one of Thorold's convenient, sought-after neighbourhoods. The main level features 2 bedrooms and 1 full bathroom, with distinct, separate living and dining spaces that offer a classic, defined layout. Natural light fills the home throughout, and the property is ready for your personal touch, a great opportunity to add your own style and value. Downstairs, the finished basement offers an additional bedroom, full bathroom, and kitchen, ideal for extended family, guests, or future income potential. The backyard offers direct access to both the basement and the main level through two distinct entry points, which could be divided to create a private, separate entrance for the lower level. Step outside to enjoy the oversized lot, complete with a bright sunroom and a shed with workshop space, perfect for hobbyists or extra storage. Ample driveway parking at the front of the home adds everyday convenience. Whether you're a first-time buyer, investor, renovator, or someone looking for a home with room to grow, 87 McDonald Avenue is a rare opportunity to unlock exceptional value in a fantastic location close to schools, parks, shopping, highways, and all the amenities Thorold has to offer.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,046
Lot Size60 ft x 132.85 ft
mls© NumberX13636312
Listed ByRE/MAX ESCARPMENT REALTY 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%
$2,805
Property tax
$337
Heat allowance
$150
Housing costs
$3,292 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $109,600
25-yr amortization

Income needed

$101,000

gross annual household income

Payment at 4%
$2,306 / mo
Cash down
$109,600

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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