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557 - Thorold Downtown, Thorold
$599,999
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.
No extras listed.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,376 |
| Lot Size | 88 ft x 120.27 ft |
| mls© Number | X13057936 |
| Listed By | HOMELIFE/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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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