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New18 hours ago

85 Pine Street S

557 - Thorold Downtown, Thorold

$515,000

Detached|2-Storey
2 | 2 | 8
About this home

Endless possibilities and a whole lot of value! Whether you work from home, need space for a hobby or simply want more room, this unique property delivers with a large two-storey home plus a detached oversized double garage with a finished loft/office above. Power-operated gates open to an oversized driveway with parking for 6+ vehicles leading you to the detached garage. Above is a fully finished heated and air-conditioned space currently used as an office creating an incredible setup for anyone who works from home or needs additional space. The home can be entered from either the driveway side or front of the home. From the driveway, a covered porch leads into the oversized kitchen featuring granite countertops, stainless steel appliances including a gas stove and plenty of natural light. Off the kitchen is the spacious living and dining area finished with luxury vinyl plank flooring, generous closet space and a gas fireplace. The front entrance is located here with access to the large covered front porch. The main floor is completed by a renovated three-piece bathroom and separate laundry room with plenty of cabinetry and granite countertops. Upstairs are two large bedrooms, both featuring double closets. One also has direct access to the second-storey covered front porch. A two-piece bathroom serves this level and while there is currently no shower upstairs, the space offers potential to add one. The home's mechanicals are tucked away in the partial basement/crawlspace. Outside, the fully fenced backyard provides plenty of grass space along with a storage shed. Between the oversized driveway, detached garage, finished loft/office, covered porches and spacious home, this property offers a combination of features difficult to find at this value. Conveniently located close to highway access, schools, everyday amenities and much more. This is one you truly need to see in person to appreciate everything this home has to offer.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,105
Lot Size66 ft x 95.6 ft
mls© NumberX13706622
Listed ByRE/MAX HENDRIKS TEAM 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%
$2,636
Property tax
$342
Heat allowance
$150
Housing costs
$3,128 / mo

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

Down payment20% · $103,000
25-yr amortization

Income needed

$96,000

gross annual household income

Payment at 4%
$2,167 / mo
Cash down
$103,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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