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For saleListed 11 days agoMLS® X13843826

28 Chapel Street S, Thorold, ON

557 - Thorold Downtown, Thorold · Welland Canal · View map

$879,900
7Beds
4Baths
3000-3500Sq ft
Welland CanalWaterbody
2-StoreyStyle
Year Round Municipal RoadAccess
$3,924/yrTaxes
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$879,900
Direct waterfrontOn Welland Canal
Four-seasonBuilt for year-round use

About this property

Welcome to 28 Chapel Street South in Thorold, a unique 3,200 sq. ft. triplex with panoramic Welland Canal views and multiple income opportunities. Over the past 5 years, the property has been updated including plumbing, electrical, windows, siding and improvements throughout all three units.The first main-floor unit takes full advantage of the canal setting, with panoramic views from the open-concept kitchen and living area and a front-row seat to watch the ships pass by. Currently operated as a successful short-term Airbnb, this unit has a transferable licence, all 5-star ratings and furnishings included. Run it as much or as little as you choose while benefiting from an established short-term rental. It also features a breakfast bar, large primary bedroom and fully renovated bathroom with towel warmer. Also on the main floor, the second unit has its own private driveway and offers two bedrooms, currently rented as a one-bedroom. Full of character with beautiful arched doorways and original charm.Through the front entrance, the third unit offers three bedrooms, large windows, a spacious living room and a well-laid-out living space.The full basement has been completely updated and offers easily accessible shared laundry, plenty of storage, plus an open 2-piece washroom and separate shower area.Live in one unit, rent another and continue operating the Airbnb, or add the entire property to your investment portfolio. Close to Niagara wine country, Niagara Falls, casinos, shopping, restaurants and major amenities. Outside, the deck has been redone and the fully operational bread oven has been beautifully restored, adding another unique feature to the outdoor space and canal setting.

The property

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Parking
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Waterfront

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Listing

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Estimated monthly cost—Mortgage, property tax and insurance
  • Mortgage
  • Property tax
  • Insurance

Cash needed to close

  • Down payment
  • Ontario land transfer tax
  • Legal fees and title insurance (est.)
  • Inspections: building, septic, water (est.)
  • Total to close

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28 Chapel Street S, Thorold, ON

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Listing courtesy of BOLDT REALTY INC., BROKERAGE. Listing data © PropTx MLS®. Information deemed reliable but not guaranteed.

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