251 Palace Street, Thorold, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 557 - Thorold Downtown. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $729,000 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.
- 4 Bedrooms and 4 Bathrooms
- Generous living space spanning 2500-3000 sqft on a premium 32.82 x 101.96 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
The Thorold Dream: Space, Style, and Location! Welcome home to over 2,500 sq ft of meticulously maintained family luxury in highly-sought-after Downtown Thorold. This impressive 4-bed, 4-bath detached residence offers an unbeatable layout for modern living. Entertain with ease in the bright, open-concept main floor featuring a seamless flow from the spacious family room to the chef-ready kitchen. Upstairs, escape to your expansive Primary Suite retreat with a huge walk-in closet and spa-like 5-piece ensuite. With three more generous bedrooms (including a Jack & Jill and an additional ensuite!), everyone has their space. The beautiful, private backyard is summer-ready. Located just minutes from Niagara Falls, excellent schools, parks, and major highways. This is prime Thorold living. Don't miss this opportunity!
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Pricing & Value Insights
Data-driven valuation for 251 Palace Street, Thorold, ON L2V 0N3
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About Purchasing a Home in Thorold, ON
For a property listed at $729,000 in Thorold, the legal minimum down payment is $47,900 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 $11,055 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 $11,055.
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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.