225 Palace St
Thorold, L2V 0J7
FOR SALE
$799,000
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4
BEDROOMS4
BATHROOMS1
KITCHENS7
ROOMSX9387904
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Property Description
Welcome to 225 Palace Street in beautiful Thorold, Ontario. This home is HUGE! and positioned perfectly for easy and quick access out of Niagara via the 406 to QEW. This brand new home built by Marydel Homes in a fantastic new neighbourhood provides you with all of the necessities and size that a large family needs plus more space to grow! With generous room sizes and multiple bathrooms you won't be fighting for space in the morning and with the fantastic kitchen space breakfasts will be a breeze. Do not wait on this one as it will not last long, homes this size are hard to come by.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-03 | 2024-10-08 | 97 | $999,999 | - | Terminated |
Extras
Fridge,Stove,Dishwasher, Washer & Dryer
Property Features
Lake/Pond, Place Of Worship, Rec Centre, School Bus Route
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Property Details
Street
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
30' x 101'
Fronting
West
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
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Thorold Market Statistics
Thorold Price Trend
225 Palace St is a 4-bedroom 4-bathroom home listed for sale at $799,000, which is $57,838 (7.8%) higher than the average sold price of $741,162 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 4 bedroom home in Thorold declined by $110,088 (12.9%) compared to the previous 30 day period (September 27 - October 26) and down $123,838 (14.3%) from the same time one year ago.Inventory Change
There were 18 4-bedroom homes listed in Thorold over the last 30 days (October 27 - November 25), which is up 20.0% compared with the previous 30 day period (September 27 - October 26) and down 37.9% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Thorold typically sold ($19,117) (2.6%) below asking price over the last 30 days (October 27 - November 25), which represents a $2,220 increase compared to the previous 30 day period (September 27 - October 26) and ($22,495) 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 4-bedroom homes in Thorold over the last 30 days (October 27 - November 25) stood at 716.7%, up from 106.7% over the previous 30 days (September 27 - October 26) and up from 6.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Thorold stood at 46 days when successfully sold over the last 30 days (October 27 - November 25), compared to 86 days before being removed from the market upon being suspended or terminated.Listing contracted with The Agency
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