62 Pine St N
Thorold, L2V 2N9
FOR SALE
$649,900
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2 + 2
BEDROOMS3
BATHROOMS3
KITCHENS5 + 3
ROOMSX10440729
MLSIDContact Us
Property Description
This is your next investment opportunity located in the heart of Downtown Thorold! Featuring a fully vacant multi family property with an oversized lot of 33ft x 297ft full of potential. Walking into the main floor one bedroom unit with large front porch. Back one bedroom unit features a spacious living room and open to kitchen space, and a large covered porch. Upper two bedroom unit has two spacious size bedrooms, with large living room with sliding doors leading to the upper floor walkout balcony. All units have undergone renovations including new paint, doors and lighting.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-19 | 2024-11-19 | 92 | $699,900 | - | Expired |
Extras
Located in a convenient location close to all major amenities, transportation, Brock Uni. /Niagara college. Parking for 5 cars in the back, great opportunity to add ideal rental property to the portfolio or live in one and rent others.
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Property Details
Street
City
Property Type
Multiplex, 2-Storey
Lot Size
33' x 297'
Fronting
West
Taxes
$2,892 (2024)
Basement
Unfinished
Exterior
Stucco/Plaster, Vinyl Siding
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
5
Driveway
Other
Garage Type
None
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Thorold Market Statistics
Thorold Price Trend
62 Pine St N is a 2-bedroom 3-bathroom home listed for sale at $649,900, which is $151,998 (30.5%) higher than the average sold price of $497,902 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 2 bedroom home in Thorold declined by $38,209 (7.1%) compared to the previous 30 day period (September 27 - October 26) and down $202,098 (28.9%) from the same time one year ago.Inventory Change
There were 5 2-bedroom homes listed in Thorold over the last 30 days (October 27 - November 25), which is up 150.0% compared with the previous 30 day period (September 27 - October 26) and up 66.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Thorold typically sold ($9,943) (2.0%) below asking price over the last 30 days (October 27 - November 25), which represents a $6,657 increase compared to the previous 30 day period (September 27 - October 26) and ($24,900) 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 (October 27 - November 25) stood at 2,120.0%, up from 450.0% over the previous 30 days (September 27 - October 26) and up from 33.3% 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 17 days when successfully sold over the last 30 days (October 27 - November 25), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Trimaxx Realty Ltd.
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