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Bedrooms: 6
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Bathrooms: 3
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Living area: 2700 sqft
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MLS®: 40546833
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Type: Residential
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Added: 67 days ago
Property Details
Explore an exceptional investment opportunity in Thorold! This triplex, strategically located near downtown Thorold, Brock University, and Niagara College, is perfect for investors entering the lucrative real estate market. Boasting proximity to amenities, schools, and transportation, it's an attractive option for potential tenants. All three units are currently occupied, ensuring immediate income. The main floor's 4-bedroom unit, the upper and lower 1-bedroom units, coupled with coin-operated laundry, generate a monthly gross income of approximately $5,000. (id:1945)
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Property Information
- Sewer: Municipal sewage system
- Cooling: None
- Heating: Natural gas
- Stories: 2
- Basement: Finished, Full
- Year Built: 1915
- Directions: BETWEEN OINE & QUEEN S
- Living Area: 2700
- Lot Features: Conservation/green belt, Laundry- Coin operated
- Photos Count: 37
- Water Source: Municipal water
- Parking Total: 2
- Bedrooms Total: 6
- Structure Type: Triplex
- Common Interest: Freehold
- Subdivision Name: 557 - Thorold Downtown
- Tax Annual Amount: 2974.83
- Exterior Features: Stone, Stucco
- Community Features: Quiet Area, School Bus, Community Centre
- Zoning Description: R3
- Number Of Units Total: 3
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Nearby Places
Name |
Type |
Address |
Distance |
Thorold |
The Welland Canal passes through the heart of the ... |
|
0.6 km |
Thorold Tunnel |
The westbound tube has a sidewalk for pedestrians... |
|
1.0 km |
Thorold Secondary School |
The school was named after Sir John Thorold, a mem... |
|
1.0 km |
Burleigh Hill, St. Catharines |
It borders Regional Road 89, Mountain Street, Brad... |
|
1.4 km |
Battle of Beaver Dams |
Laura Secord, a resident of Queenston, had earlier... |
|
1.6 km |
Thorold Co-generation Plant |
Power is produced under contract to the Ontario Po... |
|
1.6 km |
The Pen Centre |
Shopping mall |
221 Glendale Ave |
2.2 km |
Merritton Tunnel |
Built in 1876, the tunnel is located between locks... |
|
2.3 km |
The Pen Centre |
Opened in 1958, The Pen was at one point the fourt... |
|
2.4 km |
Community Park |
It is primarily used for baseball and was the home... |
|
2.6 km |
Brockview, St. Catharines |
The community is centered at the Brock University ... |
|
2.6 km |
St. Catharines Engine Plant |
Catharines, Ontario... |
|
2.6 km |
Similar Houses Stat in Thorold
We have found 6 Houses that closely match the specifications of the property located at 7 Maitland Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 484,900 and 859,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the L2V3A4 postal code area of Thorold Ontario Canada.
7 Maitland Street mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 7 Maitland Street. The current price of the property is $699,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $559,920. This would result in a monthly mortgage payment of $3,273 over a 25-year amortization period.
Demographic Information
Neighbourhood Education
Master's degree
|
10
|
Bachelor's degree
|
10
|
Certificate of Qualification
|
10
|
College
|
105
|
University degree at bachelor level or above
|
15
|
Neighbourhood Marital Status Stat
Married
|
165
|
Widowed
|
45
|
Divorced
|
50
|
Separated
|
25
|
Never married
|
175
|
Living common law
|
70
|
Married or living common law
|
240
|
Not married and not living common law
|
300
|
Neighbourhood Construction Date
1961 to 1980
|
85
|
1981 to 1990
|
10
|
2001 to 2005
|
10
|
1960 or before
|
190
|