21 PINE STREET S, Thorold (Thorold Downtown)

$849,900

For sale: Multiplex

Multiplex at 21 PINE STREET S, Thorold (Thorold Downtown)
Property type
Duplex
Bedrooms / bathrooms
5 bedrooms, 2 bathrooms
Living area
2,000 sqft
MLS®
MLS® X14109666
Neighbourhood
557 - Thorold Downtown

RARE OPPORTUNITY: Large downtown Thorold site with renovation income now and major development potential later! Set in the heart of downtown Thorold, this 63 x 165 ft lot offers a rare combination of income now with a Reno and long-term upside. The property includes a legal duplex and a large detached 3 car garage with shop. Once renovated, the current structures are positioned to generate great rental income and the R3 zoning and generous lot size leave room for future redevelopment. Walking distance to restaurants, shops, schools, parks, and amenities. Buyer to confirm permitted uses, density, height, servicing, and approvals with the City of Thorold. Seller makes no representation or warranty regarding renovation costs, rental income, or future development potential.

Sold data

Homes in Thorold Downtown — recent sold market

Homes in Thorold Downtown took a median of 28 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 62, across 109 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 81 days.

The median sale price was $524,900.

Homes sold for about 3.4% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 27% of sellers reduced their price before finding a buyer.

Median days to sell
28
Median sale price
$524,900
Sale-to-list ratio
96.6%
Sold above asking
11%

Based on 109 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Thorold (Thorold Downtown)

Thorold (Thorold Downtown) has 6 Fraser Institute–rated schools (5 elementary and 1 secondary), averaging 7.5/10.

Rated schools
6
Elementary
5
Secondary
1
Average rating
7.5 / 10

Top-rated schools in Thorold (Thorold Downtown)

  • Ontario — elementary, ThoroldFraser rating 9.1/10
  • Westmount — elementary, ThoroldFraser rating 8.9/10
  • Prince of Wales — elementary, ThoroldFraser rating 7.0/10
  • Thorold — secondary, ThoroldFraser rating 6.8/10
  • Holy Rosary Catholic — elementary, ThoroldFraser rating 6.6/10
  • Richmond Street — elementary, ThoroldFraser rating 6.5/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 21 PINE STREET S