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$500K · 2 bed Condo Apartment · 557 - Thorold Downtown, Thorold | MyPropertyScout

$499,900

Unit 203

22Vacant

Map

⚡ Insider Deal

Estate Sale

$499,900

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Unit 203

16 Sullivan Avenue · Thorold · Ontario L2V 2Y2

MLS® X13109800 · 557 - Thorold Downtown · L2V 2Y2

22Vacant1000-1199 ft²Condo ApartmentNone$455/ft²$3,872 tax/yrBuilt 20188 yrs old

7% below market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Welcome to Downtown Thorold's best condominium turn-key lifestyle at 16 Sullivan Avenue that's a short walk to shopping and medical, restaurants, bus route, parks, bike trails & nearby highway 58 access for commuting to Hwy 406/QEW. This CORNER UNIT UPGRADED 2 Bedroom, 2 Bath located on the second floor has one of the best views of green space in the building with SOUTH westerly sun exposure, 2 walls of windows and a covered balcony to enjoy it on! The moment you step inside, you will find an ap…

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Property details

MLS#: X13109800
Status: Buy Now
Beds: 2
Baths: 2 full, 0 half
Size: 1000-1199
Style: Apartment
Type: Condo Apartment
Year built: —

Roof: Flat
Foundation: Other
Property features: Park, Place Of Worship, Public Transit, School

Condo corp #: 133
Balcony: Open
Locker: Exclusive
Association amenities: BBQs Allowed, Exercise Room, Party Room/Meeting Room
Fees include: Building Insurance Included, Common Elements Included, Parking Included, Water Included
Pets: Yes-with Restrictions

Garage: None
Garage spaces: 0
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick Front, Stucco (Plaster)
Fronting on: —
Cross street: Sullivan Avenue & Pine Street
Basement: None
Stories: 2
Utilities: —
Laundry: In-Suite Laundry, Laundry Room
Interior: Other
Parking features: Private

Rooms

Level	Room	Dimensions
Main	Kitchen	3.38m × 3.68m
Main	Dining Room	2.64m × 2.87m
Main	Great Room	4.32m × 4.93m
Main	Primary Bedroom	3.35m × 3.45m
Main	Bedroom	3.05m × 3.68m
Main	Laundry	1.6m × 2.39m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: ROYAL LEPAGE NRC REALTY

Source: TRREB/PROPTX · MLS® X13109800

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$500K

Unit 203 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $499,900✓ $3,872 tax✓ Gas✓ 1000-1199 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,656/mo

incl. closing costs (yr 1)

Annual total

$55,870

year 1

Mortgage only

$1,896/mo

principal + interest

Beyond mortgage

$1,762/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$99,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$323/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,100 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,999/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$49/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$6,473

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)41% $22,758/yr

Property taxes19% $10,345/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $4,999/yr

Condo fees13% $7,108/yr

Closing costs9% $5,100/yr

Mortgage is 41% of your true cost of ownership. The other 59% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$22,758	$1,896/mo
Government & taxes
Property tax	$3,872	$323/mo
Land transfer tax(closing)	$6,473	$539/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,999	$417/mo
Condo fees
Condo / HOA fees	$7,108	$592/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$55,870	$4,656/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 203

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs