One of the best investment opportunities may be located at 52 Queen Street South in Thorold. This property has the potential for the owner to live in an immaculately kept 3200 square foot home while renting out two apartments along with a 3 car garage for storage. The main house boasts a large kitchen with breakfast table, a formal dining room, bright living room and a cozy family room with a dramatic stone fireplace. The main level also has a powder room, main floor laundry, and beautiful hardwood flooring. The second level consists of 4 bedrooms along with a 6 piece bathroom. The basement of the main house could easily be converted into a separate unit. This space includes a full kitchen, bedroom, bathroom and living space. Attached to the main house are two income units. These units are in excellent condition with fresh finishes. Each unit includes 2 bedrooms, 1 bathroom, private laundry within each unit, kitchen and living room. They each also have space for two parking spots, giving them the potential of easy, valuable rental units. This property also includes a 3 car deep garage, perfect for personal storage or the ability to rent this space for seasonal car storage. With the ability to earn rental income from a number of units, 52 Queen Street South is a great opportunity for long time property investors or first time home owners alike...the potential is unlimited.
MLS# | 40596367 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Days On Site | 157 |
Listing Provided By | REVEL Realty Inc., Brokerage | Jordan Maletta |
Bed(s) | 9 |
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Bath(s) | 5 |
SQ Feet | 5,070 |
Garage | 3 |
Basement | Y |
Story(s) | 2 |
Units | 3 |
Zoning | R3 |
Golf Course | Yes |
Province | ON |
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County | Niagara |
City | Thorold |
Postal Code | L2V 3N3 |
Area | Thorold |
Subarea | 557 Thorold Downtown |
Community Name | 557 Thorold Downtown |
Listing VS Median (in 557 Thorold Downtown) | |
Price: $1,250,000 low | high Med: $532,450 SqFt: 5,070 low | high Med: 1,173 $ / SqFt: $247 low | high Med: $455 On Site: 157 low | high Med: 7.500000 |