48 Forster Avenue, Thorold, ON

$629,900
MLS#:X9040745
3 beds
2 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on September 3, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Sidesplit 4 detached located in the coveted neighborhood of 558 - Confederation Heights. Expertly crafted featuring premium brick front and metal/steel siding construction, this residence presents an exceptional opportunity offered at $629,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 55.13 x 110.25 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This home is summer ready with inground salt water pool and you can close in time to enjoy the dog days of summer! This 4 level side split has been lovingly cared for by one family and been updated through the years with new windows, some flooring and updated bathroom in the lower level. If you need easy access for potential in-law suite the back entrance foyer goes to lower level or few steps up to the main floor. Lots of parking for up to 3 cars in the concrete driveway. Opportunity awaits a new owner with a detached home, great condition and a pool! Commuter friendly location and close to amenities by bus or car!

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Property Summary

This detached home located at 48 Forster Avenue, Thorold is currently for sale and has been available on SousaSells for 732 days. This property is listed at $629,900 with an estimated mortgage of $2,097* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 48 Forster Avenue, 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
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 31, 2024
Sold price information is available to members only
Listed Date7/15/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleSidesplit 4
ConstructionBrick Front, Metal/Steel Siding
BasementFinished
Lot Size55.13 × 110.25 Feet
CountyNiagara
Annual Tax$4,091
Legal DescriptionPCL 289-1 SEC M12; LT 289 PL M12 ; THOROLD

Parking & Garage

Parking Total3.0
Parking Space3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Place Of Worship, Public Transit, School

Interior Features

Central Vacuum

Security Features

Community Features

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Location

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48 Forster Avenue, 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 48 Forster Avenue, Thorold, ON L2V 4J5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$188,970 (30.0%)
* Minimum Canadian down payment required for this price is $37,990.
Amortization Period30 Years
Estimated Monthly Payment$2,097Based on a loan of $440,930 over 30 years.
Purchase Price$629,900
Loan Amount$440,930
Provincial Land Transfer Tax:$9,073
Total Estimated Closing Taxes:$9,073

About Purchasing a Home in Thorold, ON

For a property listed at $629,900 in Thorold, the legal minimum down payment is $37,990 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 $9,073 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 $9,073.

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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.