Front of 32 Mcnamara Street
32 Mcnamara StreetThorold (Thorold Downtown)
Expired
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Ontario Real Estate › Thorold › Thorold Downtown
Front of 32 Mcnamara Street
32 Mcnamara StreetThorold (Thorold Downtown)
Expired
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DetachedMLS X9414508
Last asked:Expired Dec 15, 2024
$749,900
3 Bedrooms
4 Bathrooms
1 Garage
1.5K~2K Sq.Ft.
56 x 82.85 ft Lot
$4,519 Tax/yr

Property history

1 saleSign in to see sold prices
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

This listing has ended. It is no longer available.

Property not available for sale or for rent.

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About this home

32 Mcnamara Street, Thorold

Imagine owning this wonderful 1,800 sqft, 3 bed, 3.5 bath brick home with a garage for just $1,500 a month in mortgage payments! Yes, you read that right—this could be your reality. Here’s how: We’ll add a fully legal 1-bedroom basement apartment with its own private entrance, and you could easily earn $1,500 a month in rental income. Even better? Half of this rental income can be added to your income to help you qualify for financing! With a purchase price of $688K, a 4% mortgage rate, and 25-year amortization, putting down $130,000 would normally give you a $3,000 monthly mortgage payment. But with the rental income, you're only looking at a net payment of $1,500 per month! And as interest rates continue to drop, going variable could save you even more. Want to flip the script? Live in the basement and rent out the upper level for $3,000 per month, and your mortgage payments could be covered entirely—living for free! Or... rent the entire house out and let it pay for itself giving you positive cashflow. Located close to shopping, dining, highways, and Brock University, this is not just a home, it’s a fantastic investment opportunity. Don’t miss out!

Water Heater OwnedSump Pump

Facts & features

TypeDetached
Style2-storey
Built16-30
Size1.5K~2K Sq.Ft.
Lot56 x 82.85 ft
Tax$4,519 (2024)
HeatingForced air, gas
CoolingCentral air
BasementWalk-out, unfinished
Parking4 drive
WaterMunicipal
FireplaceYes

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Rooms

11 rooms · 4 bathrooms
Main floor4 rooms
  • Living room14′ × 11′154 sq.ft.
  • Dining room13′ × 11′143 sq.ft.
  • Kitchen14′ × 17′10″249 sq.ft.
  • Bathroom—
Second floor5 rooms
  • Bathroom—
  • Bathroom—
  • Bedroom13′6″ × 11′148 sq.ft.
  • Bedroom11′10″ × 11′130 sq.ft.
  • Bedroom18′6″ × 15′4″283 sq.ft.
Basement2 rooms
  • Bathroom—
  • Great room21′ × 19′399 sq.ft.
Bathrooms4
4-pcSecond4-pcSecond3-pcBasement2-pcMain
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Around this home

Take St Davids Road to Pine Street N to McNamara Street
6Walking

Schools nearby

School rating, out of 10.

Thoroldsecondary · Public · 0.4 km
6.8/10
Prince of Waleselementary · Public · 1.0 km
7.1/10
Westmountelementary · Public · 1.0 km
7.6/10

Listing details

MLS® numberX9414508
Listed onSep 12, 2024
Days on market94
UpdatedDec 15, 2024
Listing brokerageRE/MAX GARDEN CITY REALTY INC, BROKERAGE
PossessionImmediate

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