225 Taylor St
Thorold, L2V 1C2
FOR SALE
$579,000
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Property Description
A unique opportunity awaits! This property presents an array of possibilities. Boasting an expansive 75-foot frontage and a remarkable depth of 110 feet, it stands as one of the last remaining sizable lots in the coveted Thorold South area. Imagine crafting your dream home on this canvas of land, all while residing in the current, stunning residence. The potential doesn't end there; when the time is right, transform it into an income-generating asset by renting it out. For astute investors, this property offers a compelling addition to your portfolio a harmonious blend of a rental property and prime land.
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Property Details
Street
City
Property Type
Detached, 1 1/2 Storey
Lot Size
75' x 110'
Fronting
West
Taxes
$2,832 (2023)
Basement
Finished, Full
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 13.32' x 12.17' | |
| Dining | Main | 12.01' x 10.60' | |
| Kitchen | Main | 11.42' x 13.75' | |
| Mudroom | Main | 8.76' x 8.99' | |
| Br | 2nd | 26.90' x 12.24' | |
| Br | Bsmt | 8.99' x 11.58' | |
| Utility | Bsmt | 3.84' x 10.83' | |
| Rec | Bsmt | 21.16' x 11.58' | |
| Laundry | Bsmt | 8.76' x 5.84' |
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Thorold Market Statistics
Thorold Price Trend
225 Taylor St is a 2-bedroom 3-bathroom home listed for sale at $579,000, which is $213,667 (58.5%) higher than the average sold price of $365,333 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 2 bedroom home in Thorold declined by $324,042 (47.0%) compared to the previous 30 day period (February 28 - March 28) and down $584,667 (61.5%) from the same time one year ago.Inventory Change
There were 5 2-bedroom homes listed in Thorold over the last 30 days (March 29 - April 27), which is down 0.0% compared with the previous 30 day period (February 28 - March 28) and up 150.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Thorold typically sold ($19,566) (5.4%) below asking price over the last 30 days (March 29 - April 27), which represents a $21,541 decrease compared to the previous 30 day period (February 28 - March 28) and ($19,900) 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 2-bedroom homes in Thorold over the last 30 days (March 29 - April 27) stood at 60.0%, down from 80.0% over the previous 30 days (February 28 - March 28) and up from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Thorold stood at 16 days when successfully sold over the last 30 days (March 29 - April 27), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Garden City Realty Inc.
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