HN
105 Ormond Street N, Thorold, ON L2V 1Z3, Thorold, ON
+7 photos
$369,000

105 Ormond Street N, Thorold, ON L2V 1Z3, Thorold, ON

Thorold, ON L2V 1Z3
4 beds 2 baths Detached

About this home

Welcome to 105 Ormond St N a well-maintained 3+1 bedroom home offering flexibility and strong income potential, with separate basement entrance, two full bathrooms, and a layout suited for multi-unit or extended family living, this property is ideal for families and investors alike. Upgrades include furnace (2023) and A/C (2020), Hot water tank (owned) new carpets in the basement unit and upper loft bedroom, and new doors throughout the home. The finished lower level offers added living space or rental potential, making this a smart addition to any portfolio. Great lot for summer activities and tons of room for parking. Just a stones throw from major highways, shipping ports, and Brock University, this location offers both accessibility and great value.

Property Score

75/ 100
Overall Property Score
great

A blend of both buyer and investor metrics.

Score breakdown
Walkability
55/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
50/100fair
GO Transit, LRT, and bus access from this neighborhood.
Schools
70/100great
Based on local school rankings (Fraser Institute proxy).
Affordability
57% of city avgexcellent
Priced below Thorold's average of $645,000.
Appreciation Trend
+1.4%/yrgood
Thorold has seen +1.4% YoY price change.
Monthly Cash Flow
+$1,328/mogreat
Estimated $1,328/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
9.93%excellent
Net operating income divided by purchase price.
Basement Suite Potential
+$1,350/moexcellent
Existing/legal suite estimated at $1,350/mo additional income.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X12998986
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.

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