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32 Mcnamara Street

ThoroldThoroldON, L2V 2M6

3
Beds
4
Baths
1800
Sq. Ft.
$688,800
List Price
32 Mcnamara Street, Thorold, ON - 1 of 3
32 Mcnamara Street, Thorold, ON - 2 of 3
32 Mcnamara Street, Thorold, ON - 3 of 3
72 days on market

Quick Summary

  • Spacious 1,800 sqft brick home
  • Fully legal 1-bedroom basement apartment
  • Potential $1,500 monthly rental income
  • Convenient location near shopping, dining, highways
  • Close proximity to Brock University
  • Affordable $1,500 monthly mortgage payment
  • Opportunity to live for free by renting out
  • Potential for positive cash flow investment

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.... Show 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!\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:54626)

Property Details

Size

1,800 sq. ft.
7 total rooms across 2 floors
3 Beds
3 Above Grade
4 Baths
3 Full - 1 Partial

Parking

4 Parking Spaces
Attached Garage

Lot

Size
672′0″ * 993′12″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Unfinished
Exterior
Brick
Foundation
Poured Concrete
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
Central air conditioning

Utilities

Water
Municipal water
Sewer
Sanitary sewer
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Rooms

Bedroom

10′11″ x 13′5″

Bedroom

10′11″ x 11′9″

Bedroom

15′3″ x 18′5″

Great room

18′12″ x 20′12″

Living room

10′11″ x 13′11″

Dining room

10′11″ x 12′11″

SHOW MORE

Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
X9414508
Last Updated
November 17, 2024
Brokerage
RE/MAX GARDEN CITY REALTY INC, BROKERAGE
Powered by: REALTOR.ca
Call us 800-591-0566

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