223 Ontario Street, Thorold, ON

$434,900
MLS#:X9508945
3 beds
1 baths
700-1100 sqft
1.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 556 - Allanburg/Thorold South. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $434,900 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 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 60 x 120 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this charming 3-bedroom, 1-bathroom bungalow situated on a spacious 60 x 120 ft lot. This home features a welcoming front deck perfect for enjoying your morning coffee or unwinding in the evening. Inside, an open concept living- dining room with a brick fireplace. Upgrades include the roof, furnace, hot water heater (owned), main level washer/dryer (2023), and the washroom. The full unfinished basement offers an additional washer/dryer and great potential for any customization. Enjoy a big backyard for outdoor activities and one parking space, with the option to extend more. Nestled in a comfortable, peaceful neighbourhood of Thorold South. This home is close to parks, highway, schools- Ontario Public School just 1.3 km away and University. Don't miss out on this move-in-ready home, also offering endless possibilities for expansions with its expansive lot and unfinished basement.

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 31, 2024
Sold price information is available to members only
Listed Date10/24/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Aluminum Siding
BasementUnfinished
Lot Size60 × 120 Feet
CountyNiagara
Annual Tax$2,760.67
Legal DescriptionLT 39 PL 662; LT 38 PL 662; EXCEPT RO181412 ; THOROLD

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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223 Ontario Street, 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 223 Ontario Street, Thorold, ON L2V 1E3

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 Rate5.25%
Down Payment$21,745 (5.0%)
* Minimum Canadian down payment required for this price is $21,745.
Amortization Period25 Years
Estimated Monthly Payment$2,462Based on a loan of $413,155 over 25 years.
Purchase Price$434,900
Loan Amount$413,155
Provincial Land Transfer Tax:$5,173
Total Estimated Closing Taxes:$5,173

About Purchasing a Home in Thorold, ON

For a property listed at $434,900 in Thorold, the legal minimum down payment is $21,745 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 $5,173 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 $5,173.

Nearby Listings

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No current listings found in Thorold.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Thorold.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$692,568

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

Ontario
PublicThorold, Ontario
9.1
Richmond Street
Public153 Richmond Street, Thorold, Ontario, L2V 3H3
6.5
Prince of Wales
Public40 Pine Street South, Thorold, Ontario, L2V 3L4
7.0
Westmount
PublicWestmount Avenue, Thorold, Ontario, L2V 2J8
8.9

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.