Listed for:Listed 8 days ago
$698,000

240 Velvet Way

Thorold (Rolling Meadows), ON L2V 0N9

Detached House For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 240 Velvet Way, Thorold, Rolling Meadows

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 240 Velvet Way, Thorold, Rolling Meadows

Summarized Description

  • Sophisticated corner detached home in Thorold.
  • Three spacious bedrooms and two and a half bathrooms.
  • Elegant hardwood flooring and refined details throughout.
  • Sleek stainless steel appliances in the kitchen.
  • Generous unfinished basement for customization.
  • Quick access to highways and shopping centers.
  • Nearby parks, hiking trails, and educational institutions.
  • Contemporary design offering peaceful privacy.

Discover The Epitome Of Modern Living In This Sophisticated, Nearly New Corner Detached Home In Thorold. Showcasing Contemporary Architecture And Meticulous Attention To Detail, This Residence Offers An Inviting Atmosphere Throughout Its Spacious Three Bedrooms And Two And A Half Bathrooms, Ensuring Both Comfort And Privacy For All. The Thoughtfully Designed Layout Creates A Serene Environment, Enhanced By Refined Touches Like Iron Picket Railings And Elegant Hardwood Flooring. Step Into The Bright And Welcoming Main Level, Where Pot Lights Illuminate The Kitchen, Living Area, And Foyer, Infusing Each Space With Warmth. The Home Features Rarely Used, Sleek Stainless Steel Appliances And A Convenient Second-Floor Washer And Dryer, Blending Functionality With Style. Other Standout Features Include A One-Car Garage, A Private Parking Driveway, A Generous Unfinished Basement-Perfect For Recreation, Storage Or Future Customization. Residents Will Appreciate Seamless Commuting With Quick Access To Major Highways, As Well As The Close Proximity To Upscale Shopping Centres, Fine Dining, Schools, And Recreational Amenities. Outdoor Enthusiasts Will Find Nearby Parks And Hiking Trails, While Entertainment Venues, Niagara College, Brock University, And Several Schools Are Just Moments Away. This Exceptional Thorold Home Delivers A Harmonious Blend Of Contemporary Design And Peaceful Privacy, Making It An Ideal Sanctuary For Modern Living.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,419
Land Transfer Tax Fee
$10,435

Basement Type
Unfinished

Interior Features

Laundry Level
Upper Level
Interior Extras
Water Heater
View
Clear
Security Features
Smoke Detector, Heat Detector
Fireplace/Stove
Yes
Fireplace Features
Electric
Elevator
No

Exterior Features

Exterior Extras
Privacy, Year Round Living, Porch, Porch Enclosed
Pool
None
Property Features
Clear View, Hospital, School, Campground, Greenbelt/Conservation
Accessibility Features
Open Floor Plan, Parking

Building

Building Type
Detached
Building Style
2-Storey
Approx Age
0-5

Construction

Exterior Finish
Brick, Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Brick, Concrete
Special Designation
Unknown

Lot

Lot Front
40.55 ft
Lot Depth
80.01 ft
Lot Size
4004.17
Lot Shape
Irregular

Parking & Garages

Garage Type
Attached
Garage Spaces
1
Parking Spaces
1
Total Garage And Parking Spaces
2

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
Available
Telephone
Available

Bedrooms
3
Washrooms
3
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Primary Bedroom—
    Second level, 4 Pc Bath, Walk-In Bath, Walk-In Closet(s)
  • Kitchen—
    Main level, Combined w/Living, Open Concept, W/O To Patio
  • Dining Room—
    Main level, Carpet Free, Bay Window
  • Bedroom 2—
    Second level, 4 Pc Bath, Cedar Closet(s)
  • Living Room—
    Main level, Combined w/Kitchen, Open Concept, W/O To Patio
  • Other—
    Basement level, Unfinished
  • Bedroom 3—
    Second level, 4 Pc Bath, Cedar Closet(s)

Washrooms

  • 4-piece, Upper
  • 4-piece, Upper
  • 2-piece, Main

Municipality
Thorold
Neighbourhood
Rolling Meadows
Main cross streets
Barker Parkway/Velvet Way
Zoning
RM-RIC-6
Directions
Barker Parkway/Velvet Way
Waterfront
None

MLS® number
X13871800
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-07
Updated on
2026-10-07
Days on market
8 days
Possession type
60-89 days
Co-op commission
2% + HST
Seller
Listed by
ROYAL LEPAGE SIGNATURE REALTY

Home Market Value

Current home valuation for 240 Velvet Way, Thorold, Rolling Meadows, Thorold, ON. Listed for $698,000

HOMEH Estimate

?

$613,201

Estimated Sales Range

?

$484,429 - $741,973

HOMEH Estimate for 240 Velvet Way, Thorold, Rolling Meadows

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$613,201Medium confidence
Based on 15 comparable properties
+ $84,799 (14%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

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Thorold, ON
Minimum Down Payment Required:6.4%

5% on first $500K + 10% on $198,000 over $500K

Minimum down payment

$44,800

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$26,105$19,474$16,612$0
=Total mortgage
$678,735$647,674$609,912$558,400
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,314monthly$3,162monthly$2,978monthly$2,726monthly
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Land Transfer Tax

Provincial

$10,435

Total Land Transfer Tax

$10,435

Around this home

1/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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9.3 /10

Ontario

Public·elementary·870m

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