48 Mcdonald Ave
Thorold, L2V 3E6
FOR SALE
$649,900
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4 + 1
BEDROOMS3
BATHROOMS2 + 1
KITCHENS12
ROOMSX11973661
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Property Description
Welcome to 48 McDonald Ave in the heart of Thorold, Niagara, a rare find that offers two homes in one a true investment opportunity with endless potential. This property features a spacious front unit, originally the main home, and an 800 sqft addition, along with an expansive, self-contained one-bedroom unit, making it perfect for multi-family living or student rentals.The front unit of the home boasts 3 bedrooms, approximately 1100 sqft, with beautiful hardwood flooring throughout. The main living area is bright and welcoming, offering plenty of room for a family to enjoy. In the lower level, you'll find a third summer kitchen and an additional bathroom, adding to the versatility and convenience of this space.The rear addition offers an open-concept layout, a spacious 1-bedroom self-contained unit, complete with a 3-season sunroom that leads to a covered deck ideal for relaxing or entertaining. This setup makes it perfect for multi-generational families or rental opportunities. The 184 steel-fenced lot provides privacy and security, while the property itself is in pristine condition well-maintained and ready for immediate occupancy.With 4 + 1 bedrooms and 3 full bathrooms, this home is a dream for those looking to accommodate a large family or multiple tenants. The flexible living space makes it easy to configure according to your needs. Additionally, it's just minutes away from Brock University, making it an excellent choice for student housing with the potential for steady rental income.The location in Thorold is ideal close to all the conveniences of city living while offering the tranquility of a residential neighbourhood. Don't miss your chance to own this unique property that promises both great value and flexibility. 48 McDonald Ave is a perfect fit for anyone looking to invest in the thriving Niagara region or for families seeking ample living space. Reach out today to schedule your showing and see for yourself why this property is a rare gem!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-12-04 | 2025-02-05 | 63 | $699,900 | - | Expired |
| 2024-10-11 | 2024-12-05 | 55 | $739,900 | - | Terminated |
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Property Details
Street
City
Property Type
Detached, Bungalow
Lot Size
48' x 184'
Fronting
West
Taxes
$4,573 (2024)
Basement
Finished, Full
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 10.99' x 12.99' | Ceramic Floor |
| Living | Main | 10.99' x 18.01' | |
| Br | Main | 10.24' x 10.50' | |
| Br | Main | 8.99' x 10.01' | |
| Br | Main | 9.74' x 12.01' | |
| Kitchen | Main | 12.99' x 13.32' | |
| Living | Main | 12.99' x 18.50' | |
| Br | Main | 13.25' x 14.24' | |
| Sunroom | Main | 9.58' x 14.24' | |
| Kitchen | Lower | 10.99' x 12.50' | |
| Living | Lower | 11.09' x 13.09' | |
| Br | Lower | 10.50' x 12.60' |
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Thorold Market Statistics
Thorold Price Trend
48 Mcdonald Ave is a 4-bedroom 3-bathroom home listed for sale at $649,900, which is $159,385 (19.7%) lower than the average sold price of $809,285 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 4 bedroom home in Thorold increased by $106,473 (15.1%) compared to the previous 30 day period (December 20 - January 18) and up $34,285 (4.4%) from the same time one year ago.Inventory Change
There were 31 4-bedroom homes listed in Thorold over the last 30 days (January 19 - February 17), which is up 55.0% compared with the previous 30 day period (December 20 - January 18) and up 82.4% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Thorold typically sold ($27,242) (3.4%) below asking price over the last 30 days (January 19 - February 17), which represents a $23,388 decrease compared to the previous 30 day period (December 20 - January 18) and ($19,900) less 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 (January 19 - February 17) stood at 22.6%, down from 160.0% over the previous 30 days (December 20 - January 18) and down from 76.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Thorold stood at 35 days when successfully sold over the last 30 days (January 19 - February 17), compared to 99 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Alliance Realty
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