7 Ormond Street, Thorold, ON

$699,000
MLS#:X12293256
8 beds
3 baths
2500-3000 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of 557 - Thorold Downtown. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $699,000 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.

  • 8 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a premium 26.5 x 168.73 ft lot
  • Features a ["full", "unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Heater, Storage, Separate Heating Controls
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

Incredible Investment Opportunity in the Heart of Downtown Thorold! Welcome to this expansive 2,728 sq ft investment property, ideally located in the vibrant core of downtown Thorold. Zoned C2 (Commercial), this versatile building offers a wide range of permitted uses, making it a prime opportunity for investors, entrepreneurs, or those seeking strong rental income. The property features two separate self-contained units with a total of 8 spacious bedrooms, perfect for multi-residential use, student housing, or a live-work arrangement. Each unit includes its own kitchen and bathroom facilities, offering privacy and flexibility for tenants or future commercial use. As a bonus, the property includes a 1.5-car detached garage, which was previously rented to a commercial tenant for storage, adding even more income potential. Situated in a high-traffic, high-visibility area, you're just steps from local shops, dining, public transit, and only minutes to Brock University and Highway 406. The C2 zoning allows for a variety of commercial and mixed-use applications, including offices, retail, service businesses, or continued residential use. Current tenants will be vacating on closing.

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Key Features

Bedrooms
8
Bathrooms
3
Kitchens
2
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 7, 2025
Sold price information is available to members only
Listed Date7/18/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionVinyl Siding
Lot Size26.5 × 168.73 Feet
CountyNiagara
Annual Tax$4,335
Legal DescriptionPT LT 1 W/S ORMOND ST AND N/S CLAIRMONT ST PL 890 AND 891; PT LT 36 IN REAR OF LOTS ON E/S FRONT ST PL 889 PT 1, 2, 59R11244 CITY OF THOROLD

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

School Bus Route, School, Rec./Commun.Centre, Public Transit, Place Of Worship, Park

Community Features

Location

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7 Ormond Street, Thorold, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for 557 Thorold Downtown, Thorold.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$850,000

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

Prince of Wales
Public40 Pine Street South, Thorold, Ontario, L2V 3L4
7.0
Westmount
PublicWestmount Avenue, Thorold, Ontario, L2V 2J8
8.9
Richmond Street
Public153 Richmond Street, Thorold, Ontario, L2V 3H3
6.5
Burleigh Hill
PublicBurleigh Hill Drive, St. Catharines, Ontario, L2V 2J8
9.9
Ontario
PublicThorold, Ontario
9.1

Secondary Schools

Thorold
Public50 Ormond Street North, Thorold, Ontario, L2V 1Z1
6.8
St. Catharines
Catholic10 Seymour Avenue, St. Catharines, Ontario, L2P 1V8
4.4
Sir Winston Churchill
Public101 Glen Morris Drive, St. Catharines, Ontario, L2T 2N1
7.4
Denis Morris
Public40 Glen Morris Drive, St. Catharines, Ontario, L2T 2M9
6.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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 7 Ormond Street S, Thorold, ON L2V 1Y2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$559,200
Monthly Mortgage$3,249
Property Tax (Est.)$361
Utilities & Maint.$350
Total Monthly Cost$3,960

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Thorold.

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.