$ 688.800

32 Mcnamara Street, Thorold

  • Bedrooms: 3
  • Bathrooms: 4
  • Living area: 2600 square feet
  • Type: Residential
  • Added: 71 days ago
  • Updated: 4 days ago
  • Last Checked: 9 hours ago
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!\r\n\r\nWith 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.\r\n\r\nLocated close to shopping, dining, highways, and Brock University, this is not just a home, it’s a fantastic investment opportunity. Don’t miss out! (id:1945)
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Property DetailsKey information about 32 Mcnamara Street

  • Cooling: Central air conditioning
  • Heating: Forced air, Natural gas
  • Stories: 2
  • Structure Type: House
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete

Interior FeaturesDiscover the interior design and amenities

  • Basement: Unfinished, Walk out, N/A
  • Appliances: Refrigerator, Dishwasher, Stove, Water Heater
  • Bedrooms Total: 3
  • Fireplaces Total: 1
  • Bathrooms Partial: 1

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 32 Mcnamara Street

  • Lot Features: Sump Pump
  • Water Source: Municipal water
  • Parking Total: 4
  • Parking Features: Attached Garage
  • Lot Size Dimensions: 56 x 82.85 FT

Location & CommunityUnderstand the neighborhood and community

  • Directions: Take St Davids Road to Pine Street N to McNamara Street
  • Common Interest: Freehold

Utilities & SystemsReview utilities and system installations

  • Sewer: Sanitary sewer

Tax & Legal InformationGet tax and legal details applicable to 32 Mcnamara Street

  • Tax Year: 2023
  • Tax Annual Amount: 4519.25
  • Zoning Description: R2
Room Dimensions
Type Level Dimensions
Living room Main level 4.26 x 3.35
Dining room Main level 3.96 x 3.35
Kitchen Main level 4.26 x 5.43
Bedroom Second level 4.11 x 3.35
Bedroom Second level 3.6 x 3.35
Bedroom Second level 5.63 x 4.67
Great room Basement 6.4 x 5.79
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Nearby Listings Stat

Active listings
15
Min Price
$670,000
Max Price
$1,449,000
Avg Price
$885,639
Days on Market
117 days
Sold listings
2
Min Sold Price
$675,000
Max Sold Price
$919,900
Avg Sold Price
$797,450
Days until Sold
111 days

Nearby Places

Name
Type
Address
Distance
Thorold Secondary School
The school was named after Sir John Thorold, a mem...
0.4 km
Burleigh Hill, St. Catharines
It borders Regional Road 89, Mountain Street, Brad...
1.1 km
Community Park
It is primarily used for baseball and was the home...
1.5 km
Thorold
The Welland Canal passes through the heart of the ...
1.6 km
St. Catharines Engine Plant
Catharines, Ontario...
1.7 km
Merritton Tunnel
Built in 1876, the tunnel is located between locks...
1.8 km
The Pen Centre
Shopping mall
221 Glendale Ave
1.8 km
Thorold Tunnel
The westbound tube has a sidewalk for pedestrians...
1.8 km
The Pen Centre
Opened in 1958, The Pen was at one point the fourt...
1.9 km
Battle of Beaver Dams
Laura Secord, a resident of Queenston, had earlier...
2.1 km
Sir Winston Churchill Secondary School (St. Catharines)
It is one of eight public secondary schools in the...
2.3 km
Sir Winston Churchill Secondary School
School
101 Glen Morris Dr
2.6 km
Additional Information about 32 Mcnamara Street

This House at 32 Mcnamara Street Thorold, ON with MLS Number x9414508 which includes 3 beds, 4 baths and approximately 2600 sq.ft. of living area listed on Thorold market by Jameson Walsh - RE/MAX GARDEN CITY REALTY INC, BROKERAGE at $688,800 71 days ago.

We have found 6 Houses that closely match the specifications of the property located at 32 Mcnamara Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 499,900 and 849,000.

The current price of the property is $688,800, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 18% down payment, the total amount borrowed would be $564,816. This would result in a monthly mortgage payment of $3,221 over a 25-year amortization period.

More Details?
Jameson Walsh
  • Jameson Walsh
  • RE/MAX GARDEN CITY REALTY INC, BROKERAGE
  • 905-401-1678

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