ID 742069

32 MCNAMARA STREET, Thorold, Ontario L2V 2M6

32 MCNAMARA STREET, Thorold, Ontario L2V 2M6

$688,800.00

  • 3 bedrooms
  • 4 bathrooms

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 ... read more

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! (id:25417)

  • Listing ID: X9414508
  • Property Type: Single Family
Property
Ownership: Freehold
Lot Size: 56 by 82.85 FT|under 1/2 Acre
Parking: Attached Garage
4 Spaces
Building
Type: Single Family House
Appliances: Dishwasher, Refrigerator, Stove and Water Heater
HVAC: Central Air Conditioning, Fireplace and Forced Air
Natural Gas
Exterior: Brick
Basement: N/A (Unfinished)
Utilities: Sanitary Sewer
Location
City: Thorold
Province: Ontario
Rooms Level Dimensions
Bedroom Second level 4.11 m x 3.35 m
Bedroom Second level 3.6 m x 3.35 m
Bedroom Second level 5.63 m x 4.67 m
Great room Basement 6.4 m x 5.79 m
Living room Main level 4.26 m x 3.35 m
Dining room Main level 3.96 m x 3.35 m
Kitchen Main level 4.26 m x 5.43 m

Book a showing to see this MCNAMARA Street Home in Thorold

This property has so much to offer. Book a private showing now, as you do not want to miss out on 32 MCNAMARA STREET in Thorold, Ontario!

Is this home the right property for you? Start a conversation to find out.

Get Directions to this Property

Not sure where this property is? Get directions to this MCNAMARA Street Home in Thorold.

32 MCNAMARA STREET, Thorold, Ontario L2V 2M6
Thorold Mortgage Experts
REALTOR® MLS®

Provided by RE/MAX GARDEN CITY REALTY INC, BROKERAGE. MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

Powered by REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association.

Have questions or need more information about this home? Don't know where to begin? Then, let us connect you with the best real estate agent to guide you.

Please be advised that TRESA Rules and Regulations restrict the information that another Brokerage or REALTOR® can provide. Therefore, any further information must be sought directly from the agent you are under contract with.

One or more fields have an error. Please check and try again.

Please Note: Information you supply in the contact form will be kept fully confidential.
Royal LePage®

Inquiries submitted through this website will be responded to by a local sales representative from Royal LePage®.

This property, located on MCNAMARA Street in Thorold Ontario, was published on September 12th, 2024. See if this home suits your needs, or speak with an agent about subscribing to similar homes. At MoveMeTo.com, we make finding homes for sale in Thorold convenient.