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Listed 4 months ago

95 Queen Street S

557 - Thorold Downtown, Thorold

$599,999

Detached|1 1/2 Storey
4 | 2 | 5
About this home

Spacious 1 1/2 Story Brick Home On Large Lot 88" X 120" With Two Car Detached Garage In Prestige Residential Area In Thorold. This Beautiful House Offering 4 Bedrooms. The tenants is paying $2600 rent per month plus all utilities. The tenants are willing to stay. AAA Tenants. The lot is approved for 4 townhouses from the City of Thorold. Close To All Amenities.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,376
Lot Size88 ft x 120.27 ft
mls© NumberX13057936
Listed ByHOMELIFE/MIRACLE REALTY LTD

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,071
Property tax
$365
Heat allowance
$150
Housing costs
$3,586 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $120,000
25-yr amortization

Income needed

$110,000

gross annual household income

Payment at 4%
$2,525 / mo
Cash down
$120,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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