16 Mcdonald Avenue, Thorold, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 557 - Thorold Downtown. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $489,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 51 x 170 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Carpet Free, In-Law Suite, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Pristine fully renovated two bedroom, two bath bungalow located on a large corner lot on a quiet mature street close to parks and all amenities. This home has had numerous recent updates including all windows and doors (2024), flooring/trim (2022), kitchen (2022), appliances (2022), central air (2019) and bathrooms (2022). The home is well designed and decorated and is finished on both levels. The basement features a large rec room with an attached kitchenette and full 4 piece bathroom. The basement also has a walkout to the backyard and can easily accommodate a 3rd bedroom which would complete an inlaw suite. The serene backyard is perfect for entertaining and includes a new fully covered wood deck, a separate stone patio sitting area and plenty of room to play. Don't miss out on this great opportunity.
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Interior Features
Carpet Free, In-Law Suite, Primary Bedroom - Main Floor, Storage
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 16 Mcdonald Avenue, Thorold, ON L2V 3E6
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About Purchasing a Home in Thorold, ON
For a property listed at $489,900 in Thorold, the legal minimum down payment is $24,495 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,273 for this transaction. As this listing is in Thorold (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,273.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.