48 Mcdonald Avenue, Thorold, ON
Property Highlights
Welcome to this remarkable Bungalow duplex located in the coveted neighborhood of 557 - Thorold Downtown. Expertly crafted featuring premium aluminum siding and vinyl siding construction, this residence presents an exceptional opportunity offered at $624,900 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.
- 5 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 47.69 x 184.32 ft lot
- Features a finished, partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: Accessory Apartment, Guest Accommodations, In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Attention investors!! This multi-unit home is in an EXCELLENT location and has endless possibilities for layout/income setup. Nestled on a quiet street in a family neighbourhood in Thorold, this four bedroom bungalow (+1 downstairs) sits on a HUGE lot (deepest yard in the neighbourhood actually). 48 McDonald has been in one family since it was built and it has a layout that could suit just about any setup you can imagine! The original dwelling is a 3 bedroom bungalow with a basement and separate side entrance. The basement has a kitchen, one bedroom, living room, 3-piece bathroom and a cantina (cold room). The addition at the rear houses a large bedroom, a spacious living room w/skylights and a fireplace, an updated bathroom, a kitchen & a laundry closet. This unit has two separate entrances (one at the side, one at the back), an enclosed sunroom and a covered deck to sit out on and enjoy the peace & quiet of this gorgeous yard. A couple of other valuable features of this home are the California shutters on the main level and not to be overlooked, the hardwood floors throughout the home (the carpets are very easily removed to expose beautiful hardwood for those planning to renovate immediately). The flexibility of this house makes it perfect for an owner-occupied two-unit setup (with either 3bed & a 1bed unit OR 2 two-bed units), it is ideal to be used as a multi-generational home as there are potentially three separate units to be used by one large family, or simply a straight income property with two units above grade that will generate more monthly rent than a basement unit. There is shopping nearby, highway access is very close, its on the bus route and Brock U is only 7 minutes away as well. So many options here.
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Property Summary
This duplex located at 48 Mcdonald Avenue, Thorold is currently for sale and has been available on SousaSells for 337 days. This property is listed at $624,900 with an estimated mortgage of $2,080* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 48 Mcdonald Avenue, Thorold is in the 557 - Thorold Downtown neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Park, Place Of Worship, Public Transit, School, Rec./Commun.Centre
Interior Features
Accessory Apartment, Guest Accommodations, In-Law Capability, In-Law Suite, Primary Bedroom - Main Floor, Water Heater, Water Meter
Security Features
Community Features
Location
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 Mcdonald Avenue, Thorold, ON L2V 3E6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Thorold, ON
For a property listed at $624,900 in Thorold, the legal minimum down payment is $37,490 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 $8,973 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 $8,973.
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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.