Welcome to this remarkable 3-Storey multiplex located in the coveted neighborhood of 557 - Thorold Downtown. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,075,000 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.
Renovated 8 unit apartment building, 7 two bedroom and 1 one bedroom apartments. This property has been well cared for by the same owner for the past 23 years. The owner believes in spending money to upgrade the building which attracts a better quality tenant, higher rents and limited maintenance calls. All 8 apartments have been renovated at different stages. Renovations include, new kitchen cupboards, counter tops, appliances including dishwashers. Bathrooms updated with bath fitter tub surrounds and new vanities. Building capital upgrades include; asphalt torch down flat roof (2022), Apartment windows and balcony doors approx 12 years, parking lot pavement approx. 5 years, Balcony railings 5-6 years old. Units 7 & 8 have individual furnace and a/c units. Remaining 6 units are heated via a central hot water boiler system (no a/c). The building is in a convenient location close to schools including Brock University. There are no rental items or contracts associated with the property. Preferred closing date is December 2025.
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This multiplex located at 30 Cunningham Street, Thorold is currently for sale and has been available on SousaSells for 309 days. This property is listed at $2,075,000 with an estimated mortgage of $6,907* per month. It has 15 beds, 8 bathrooms, and is 5000 + square feet. 30 Cunningham Street, Thorold is in the 557 - Thorold Downtown neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Intercom, Separate Hydro Meter
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This could be the first listing for this address.
Data-driven valuation for 30 Cunningham Street, Thorold, ON L2V 3K8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Thorold.
About Purchasing a Home in Thorold, ON
For a property listed at $2,075,000 in Thorold, the legal minimum down payment is $415,000 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 $38,350 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 $38,350.
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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.