31 Ormond Street S

If you’re on the lookout for a fantastic investment opportunity, look no further than this charming house for sale in Thorold , located at 31 Ormond Street S, Thorold. This detached house, boasting a unique 1 1/2 storey design, is perfectly situated in the vibrant community of 557 - Thorold Downtown. With its prime location just minutes away from Brock University, Niagara College, Highway 406, and the QEW, this property truly offers the best of both worlds: the quaintness of small-town living combined with the conveniences of city life.

This house for sale in Thorold features a generous layout with a total of 10 rooms, including five spacious bedrooms and two bathrooms. The main floor unit is particularly noteworthy, offering a roomy three-bedroom configuration that is currently tenanted, providing immediate rental income for savvy investors. High ceilings and a rear entrance enhance the sense of space, while a lovely wood deck off the kitchen provides a perfect spot for outdoor relaxation. One of the bedrooms even has direct access to the laundry, making it incredibly convenient for day-to-day living.

The upper-level unit is equally appealing, featuring two bedrooms along with a versatile office nook, ideal for students or young couples looking for a comfortable live/work space. Each unit has its own private entrance, ensuring privacy and independence for all occupants. This house for sale in Thorold is perfect for those seeking a property that can accommodate multi-generational living or simply provide a solid income stream.

The property has been thoughtfully updated with modern kitchens and bathrooms, contemporary flooring, and a high-efficiency furnace. Central air conditioning keeps the home comfortable throughout the seasons, while the plumbing and electrical systems have also been upgraded, ensuring peace of mind for future owners. Although there is no fireplace or central vacuum system, the overall design and features of the house make it a desirable option for both first-time buyers and seasoned investors.

At 31 Ormond Street S, Thorold, the lot measures a generous 45 x 132 feet, providing ample outdoor space for potential landscaping or recreational activities. While there is no pool, the property offers parking for up to six vehicles, thanks to the private double driveway. This is a significant advantage in a bustling area, especially with local shops, restaurants, cafés, and parks just a stone’s throw away.

For those who enjoy the outdoors, the nearby trails and green spaces offer plenty of opportunities for leisurely strolls or invigorating runs. The convenience of public transit and essential services further enhances the appeal of this house for sale in Thorold, making it an ideal choice for anyone looking to embrace the local lifestyle.

With low property taxes and zoning for redevelopment, this property represents a smart addition to any investment portfolio. Whether you choose to live in one unit and rent out the other or let both units generate income, the possibilities are endless. Don’t miss your chance to own this remarkable house for sale in Thorold, located at 31 Ormond Street S, Thorold. It’s not just a home; it’s a gateway to a thriving community and a promising investment opportunity. Act fast, as properties like this don’t stay on the market for long!

Thorold Downtown, nestled in the heart of Thorold, offers a charming blend of historical charm and modern convenience. This vibrant area is characterised by its quaint streets lined with a mix of local shops, cafes, and restaurants, creating a welcoming atmosphere for residents and visitors alike. The community is well-connected, with easy access to nearby parks and recreational facilities, making it ideal for those who enjoy outdoor activities. With a rich history reflected in its architecture and a strong sense of local pride, Thorold Downtown provides a unique living experience that combines the warmth of small-town life with the amenities of a growing urban centre.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The nearest elementary school, Prince of Wales S Public School, is just 0.3 km away and offers grades JK to 8, with a solid school rating of 7.1. Thorold Secondary School, located 0.7 km from the property, serves grades 9 to 12 and has a rating of 4.9. For those interested in French immersion, Jeanne Sauve French Immersion Public School is 4.5 km away, catering to grades 1 to 8 with a rating of 6.4. Sir Winston Churchill Secondary School, also offering French education for grades 9 to 12, is 3.4 km away and boasts a commendable rating of 7.5. Additionally, there are Catholic education options nearby, including St. Charles Catholic Elementary School and Monsignor Clancy Catholic Elementary School, both within 1.4 km, although they currently have lower ratings. Lastly, Denis Morris Catholic High School, 3.6 km away, serves grades 9 to 12 and has a rating of 6.9. Overall, this area provides a variety of schooling options, catering to different educational preferences and needs.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small population of 511 residents, with an average household size of 1.6 individuals. The community has a median age of 52.3 years, indicating a mature population. The average household income stands at $45,400, with a significant portion, 34.8%, classified as low-income. The real estate market shows an average property price of $400,000, and a high percentage of renters at 82.61%, suggesting a rental-dominated housing landscape. Notably, 65.59% of the population is single, while only 18.18% of households include children. The area has a modest immigrant presence at 8.18%, and 35.71% of residents hold a college or university degree, reflecting a degree of educational attainment. However, a substantial 75.51% of the population is not in the labor force, which may impact economic activity in the area. Additionally, condos make up only 2.9% of the housing options, indicating a limited variety in residential types. Overall, this demographic snapshot highlights a community characterized by an older, predominantly single population with a significant rental market and challenges related to income and employment.