113 Morton St
556 - Allanburg/Thorold South, Thorold, L2V 1C6
FOR SALE
$425,000
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BEDROOMS1
BATHROOMS1
KITCHENS7
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Property Description
Welcome to a beautiful 3 bedroom bungalow at 113 Morton Street in the heart of the Niagara Region, the City of Thorold! Perfect for investors, with Thorold being the 4th fastest growing city in Ontario and the 8th fastest in Canada! Also perfect for first-time home buyers looking to get into the market at a affordable price. The main floor features a open-concept living room/dining room which flows right into a spacious kitchen. The basement is unfinished, just waiting for your creative touches or simply a great area for storage!
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
40' x 90'
Fronting
South
Taxes
$3,000 (2024)
Basement
Part Fin
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Lane
Garage Type
None
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Thorold Market Statistics
Thorold Price Trend
113 Morton St is a 3-bedroom 1-bathroom home listed for sale at $425,000, which is $48,980 (10.3%) lower than the average sold price of $473,980 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Thorold increased by $21,698 (4.8%) compared to the previous 30 day period (November 19 - December 18) and down $237,020 (33.3%) from the same time one year ago.Inventory Change
There were 31 3-bedroom homes listed in Thorold over the last 30 days (December 19 - January 17), which is up 93.8% compared with the previous 30 day period (November 19 - December 18) and up 416.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Thorold typically sold ($5,839) (1.2%) below asking price over the last 30 days (December 19 - January 17), which represents a $4,009 decrease compared to the previous 30 day period (November 19 - December 18) and ($15,000) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Thorold over the last 30 days (December 19 - January 17) stood at 267.7%, down from 287.5% over the previous 30 days (November 19 - December 18) and up from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Thorold stood at 24 days when successfully sold over the last 30 days (December 19 - January 17), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Nrc Realty
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