162 Ryerson Street
557 - Thorold Downtown, Thorold, L2V 3Y3
FOR SALE
$624,850

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3 + 3
BEDROOMS2
BATHROOMS1
KITCHENS12
ROOMSX12721978
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Property Description
Discover an incredible investment opportunity in the vibrant area of Thorold! This charming 3 + 3 bungalow features an attached garage, offering countless ways to generate impressive income. You can choose to live upstairs while renting out three rooms downstairs, or even rent all six separate rooms and add another in the garage. There's also the option to rent out the entire house or convert it into a duplex-there are so many exciting possibilities! The price is fantastic, and the home is in excellent condition, complete with a 3-piece bathroom on each level. Brick bungalows with a concrete driveway are perfect for income generation, and the easy-to-maintain hardwood upstairs complements the convenient backyard entrance for the basement rooms. Plus, with zero tenants currently occupying the property, you have the freedom to set your own market value rents! Please note some photos are virtually staged and will be indicated, they are used to show simple possibilities of furniture placement and paint changes.
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Property Features
Park, Public Transit, School Bus Route, In-Law Capability, Private Double
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Property Details
Address
162 Ryerson Street
Community
City
Postal Code
L2V 3Y3
Property Type
Detached, Detached
Zoning
R1
Lot Size
110' x 63'
Taxes
$3,924 (2025
Basement
Walk-Up
Exterior
Patio
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
Attached
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Listing contracted with Royal Lepage Nrc Realty
Exceptional opportunity awaits on this spacious corner lot! This well-designed 3+1 bedroom, 2-bathroom bungalow offers incredible flexibility for multi-generational living or savvy investors looking to expand their portfolio. The main floor welcomes you with a thoughtful layout featuring a comfortable living room, separate dining room, and functional kitchen. Three well-appointed bedrooms and a full bathroom complete the primary living space, providing everything needed for everyday comfort. The basement level adds valuable square footage with a versatile flex room that easily serves as a fourth bedroom, home office, or recreational space. An additional 3-piece bathroom on this level enhances convenience and functionality. The converted garage presents an outstanding opportunity as a self-contained dwelling unit. This separate space boasts a complete setup with full kitchen, one bedroom, and full bathroom perfect for in-law accommodations, rental income, or guest quarters.
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Nestled in a friendly, established neighborhood, this inviting detached home delivers abundant space, thoughtful upgrades, and unmatched versatility. Step inside to a bright, open-concept living and dining area, highlighted by a captivating brick fireplace that creates warmth and charm at the heart of the home. The well-designed galley kitchen features ample cabinetry and storage, complete with updated appliances, including a brand-new dishwasher. Perfect for entertaining or relaxing, walk out into your private south-facing backyard haven-fully fenced for ultimate privacy, with no rear neighbours! Enjoy sunny afternoons and quiet evenings in your expansive yard, complemented by a convenient storage shed. Thoughtfully converted, the original garage now serves as a large, comfortable main-floor bedroom or flex room, ideal for multi-generational living, guests, or a work-from-home office. Upstairs, three spacious bedrooms offer peaceful retreats for the entire family. The fully finished basement provides two additional bedrooms and an additional three piece bathroom, maximizing this home's impressive accommodation potential. With parking for up to SIX vehicles in the generous driveway, convenience is at your doorstep. Ideally located near transit, excellent public schools, Brock University, shopping, parks, and the vibrant attractions of Niagara Falls, this property seamlessly blends comfort, convenience, and versatility. Don't miss your chance to call this charming, spacious home yours-perfectly suited for growing families, investors, or anyone seeking plenty of room to thrive!
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This welcoming 3-bedroom bungalow offers comfort, flexibility, and opportunity all in one. The main floor is filled with natural light and features spacious living areas designed for everyday living. The separate side entrance leads to a cozy in-law suite, making it ideal for extended family or as a mortgage-helper. Set in a friendly neighbourhood close to parks, schools, and amenities, this home is perfect for families, downsizers, or investors looking for a property with long-term potential.
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