25 Lampman Crescent, Thorold, ON

$579,000
MLS#:X9388422
6 beds
2 baths
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow semi-detached located in the coveted neighborhood of 558 - Confederation Heights. Expertly crafted featuring premium brick and brick front construction, this residence presents an exceptional opportunity offered at $579,000 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.

  • 6 Bedrooms and 2 Bathrooms
  • Premium 65.14 x 131.35 ft lot size
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Calling all investors! This exceptional semi-detached home presents an unbeatable opportunity just minutes from Brock University. Featuring a generous layout with 3 bedrooms upstairs , large Eat-in Kitchen a generous living space, and an additional 3 bedrooms downstairs, this property is designed for maximum rental income potential. Each floor is equipped with a full bathroom, ensuring convenience and comfort. Nestled on a quiet, peaceful street, this home offers a serene living environment that is sure to attract students and professionals alike. The expansive, fenced backyard provides ample space for outdoor activities, gardening, and relaxation. Included with the property are all necessary appliances, ensuring a hassle-free move-in experience. This home is ready for immediate occupancy, minimizing downtime and maximizing your investment returns. Don't miss out on this prime investment property that perfectly balances convenience, comfort, and lucrative potential. Plenty of parking for 4+cars. Act quickly to secure this high-demand rental gem and secure your financial future today!

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Property Summary

This detached home located at 25 Lampman Crescent, Thorold is currently for sale and has been available on SousaSells for 645 days. This property is listed at $579,000 with an estimated mortgage of $1,927* per month. It has 6 beds, 2 bathrooms, and is unknown square feet. 25 Lampman Crescent, Thorold is in the 558 - Confederation Heights neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
6
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 8, 2025
Sold price information is available to members only
Listed Date10/8/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural StyleBungalow
ConstructionBrick, Brick Front
BasementFinished
Lot Size65.14 × 131.35 Feet
CountyNiagara
Annual Tax$3,700
Legal DescriptionPCL 2243 SEC M42 ; PT LT224 PCM42 PT6 59R2181, CITY OF THOROLD

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

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Location

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25 Lampman Crescent, Thorold, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 25 Lampman Crescent, Thorold, ON L2V 4K6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Thorold.

Configure Loan Settings

Interest Rate4.00%
Down Payment$173,700 (30.0%)
* Minimum Canadian down payment required for this price is $32,900.
Amortization Period30 Years
Estimated Monthly Payment$1,927Based on a loan of $405,300 over 30 years.
Purchase Price$579,000
Loan Amount$405,300
Provincial Land Transfer Tax:$8,055
Total Estimated Closing Taxes:$8,055

About Purchasing a Home in Thorold, ON

For a property listed at $579,000 in Thorold, the legal minimum down payment is $32,900 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 $8,055 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 $8,055.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 558 - Confederation Heights, Thorold.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$711,611

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Richmond Street
Public153 Richmond Street, Thorold, Ontario, L2V 3H3
6.5
Westmount
PublicWestmount Avenue, Thorold, Ontario, L2V 2J8
8.9
Prince of Wales
Public40 Pine Street South, Thorold, Ontario, L2V 3L4
7.0
Ontario
PublicThorold, Ontario
9.1

Secondary Schools

Thorold
Public50 Ormond Street North, Thorold, Ontario, L2V 1Z1
6.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.