162 RYERSON STREET, Thorold (Thorold Downtown), Ontario, L2V3Y3

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. (id:64974)

Quick Facts

• Property Type: House (Freehold)
• Style: Bungalow
• Bedrooms: 6 (3 above, 3 below)
• Bathrooms: 2
• Ownership: Freehold
• Attached: No
• Parking: 5 spaces (Attached Garage, Garage)
• Frontage: 110 ft (33.6 m)

Costs

• Annual Taxes: $3,924.00 (2025)

Listing Provided by: ROYAL LEPAGE NRC REALTY
Board: Niagara Association of REALTORS®
Data provided via CREA DDF®.