Cheapest Detached Property in Thorold! Available

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Thorold - Flip or Student Rental💰 CLOSEST MAJOR INTERSECTION: Pine St S & Richmond St CLOSING DATE: January 13, 2026 CONTACT: Brett | 📱 226-916-1250 (text before calling) | ✉️ brett@janiagroup.com DESCRIPTION 🔥 Off-Market Opportunity in Thorold! This single family property has strong upside for the investor who's looking for multiple exit strategies whether that's renting it out as a student rental (Brock University is 6 minutes away) or flipping it! Opportunities like this don't come up often! Property Details: 5+1 Bedrooms | 1 Bathroom Electrical: 100 amp breakers, as per Seller Roof: 18 years old, no leaks, as per Seller Basement: 6' 1" Property Age: 1925 as per GEO Lot size: 40 x 95 ft as per GEO Rental Items: Paid out for closing Forced air/central air Recommended Renovations: Add basement bathroom back to maximize value Cosmetic updates throughout Consider upgrading some windows 💰 PURCHASE PRICE: $320,000 📈 ARV: $500,000 COMPARABLE SALES Single Family Comparables: 20 Richmond St is a 1.5 storey home that sold for $444,000 in July 2025. It's a 3 bed 1 bath house that has many updates throughout. It has a few bedrooms less than the subject property and sits directly across from a commercial parking lot and is sitting on a major intersection. After accounting for these adjustments, we believe the subject property would sell for around $500,000 once fully renovated. 24 King St is a 1.5 storey home that sold for $499,900 in September 2025. It's a 5+2 bed 3 bath house that was rented out at the time of sale. It appears to be a student rental generating $3,950/m. It has some updates throughout like a kitchen and flooring in some areas, but could still benefit from upgrades to the bathrooms. It sits on a smaller lot than the subject property. After adjustments, we believe the subject property would sell for around $500,000 once fully renovated. AS PER APS ✔️ Buyer agrees to purchase the property in as-is condition. ✔️ Seller has the option to leave belongings at no extra cost. ✔️ Buyer to pay Seller legal fees up to $2,000. We are selling our assignable purchase contract. Buyer to send a $500 deposit to Seller's lawyer upon condition removal of original APS. 📲 Text Brett at 226-916-1250 before someone else locks this one up.