Featured Imagery

Exceptional Property

6 Ormond Street, Thorold (557 - Thorold Downtown)

$799,000

null Bedrooms

null Bathrooms

2840 sqft

Property Highlights

Distinctive Features That Set This Property Apart

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Property Type

Retail

Style

Other

Year Built

N/A

Square Footage

2840 square feet

Bedrooms

N/A

Bathrooms

N/A

Distinguished Features

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Property Overview

A Closer Look at This Distinguished Residence

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Beautifully renovated 2,840 sf triplex with commercial zoning located in the heart of downtown Thorold. This meticulously maintained century home combines timeless charm with modern updates, offering a unique blend of residential and commercial opportunities (commercial space/home office with signage, offset your mortgage with rental income or livi...

MLS Number

X11974347

Listed By

ROYAL LEPAGE NRC REALTY

Last Updated

Mar 21, 2025, 1:16 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

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Property Specifications

Property Type

Retail

Architectural Style

Other

Square Footage

2840

Climate Control & Utilities

Heating System

Forced air, Natural gas

Air Conditioning

Fully air conditioned

Additional Amenities

Washer, Refrigerator, Stove, Dryer

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

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Property Timeline

Historical transactions and listing information

New

MLS# X11974347

List Date

Feb 15, 2025, 4:23 p.m.

List Price

$799,000

Property Type

Sale

Financial Planning

Tools to Help You Plan Your Investment

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Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

Property Purchase Price

300,000

Down Payment

20%

Interest Rate

% p.a.

Amortization Period

Monthly Payment

Per Month

Mortgage Details

Loan Amount

$240,000

Total Interest

Total Payments

Loan-to-Value Ratio

80%

Total Number of Payments

360

Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Analysis Period:

Total Income

$4,300/monthly

2 income sources

Total Expenses

$2,530/monthly

3 expense items

Net Cash Flow

$1,770/monthly

Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.