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Listed 3 months ago

60 Parkdale Drive

557 - Thorold Downtown, Thorold

$649,900

Detached|Bungalow
3 | 2 | 9
About this home

Immaculate Detached Bungalow located in the most desirable area of Thorold! Nestled on a quietstreet in one of Thorold's most sought-after areas, this beautifully maintained home sits on apremium 60' wide lot. THREE SPACIOUS SIZE BEDROOMS ON THE MAIN FLOOR, WITH WARM WELCOMINGLIVING ROOM. Modernized kitchen with quartz countertops and a stylish new backsplash, plus anupgraded main bathroom complete with a new shower. Pot lights all throughout main floor. Thespacious finished basement includes a separate entrance, 2 additional bedrooms, a full kitchen,living room, and a full bath offering fantastic income or in-law suite potential. A massivedriveway provides ample parking, and the triple-car garage is perfect for car lovers or futureconversion potential. This is truly a must-see property that blends style, space, andinvestment opportunity.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,200
Lot Size60 ft x 106 ft
mls© NumberX13240622
Listed ByTRIMAXX 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%
$3,326
Property tax
$350
Heat allowance
$150
Housing costs
$3,826 / mo

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

Down payment20% · $129,980
25-yr amortization

Income needed

$118,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$129,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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