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556 - Allanburg/Thorold South, Thorold, ON L2V 4Y9
$399,900
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
This semi-detached bungalow at 6 Swayze Court is the definition of opportunity for the right buyer. Set on a quiet street in Thorold, the home offers solid bones with a layout that already works - featuring three generously sized bedrooms on the main floor and a more open-concept kitchen design than you'd expect in a home of this era. While the interior reflects years of wear and will require a full cosmetic overhaul, the fundamentals are there for someone ready to roll up their sleeves and create real value.Downstairs, the property opens up even more potential. The lower level is spacious and already benefits from a separate entrance, making it a strong candidate for a future in-law suite or rental unit conversion (buyer to verify). For investors or handy end-users, this is where the deal starts to get interesting - especially with comparable updated homes trading significantly higher.Key mechanical updates help take some pressure off the renovation budget, including a roof completed in 2024. The furnace, air conditioner, and hot water tank are currently under rental contracts. If you've been waiting for a property where sweat equity can translate into real upside, this is one worth a closer look.