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Listed 2 months ago

45 PINE Street N

557 - Thorold Downtown, Thorold

$399,000

Detached|2-Storey
3 | 2 | 4
About this home

Welcome to this charming solid brick two-storey home in the heart of Thorold, ideally located close to shopping, Brock University, Prince of Wales Public School, and public transit. Perfect for first-time buyers, families, or investors, this move-in-ready property features numerous updates, including updated flooring, a renovated bathroom with new plumbing, newer windows, doors, and roof. The bright main floor offers a spacious living room, formal dining room with large windows, a functional kitchen with ample cabinetry and counter space, and a renovated laundry/mudroom with access to the fully fenced backyard and detached garage. Upstairs, you'll find three bedrooms, including a large primary bedroom with a walk-in closet, along with a three-piece bathroom and new flooring throughout. A separate side entrance leads to the finished basement, complete with a kitchen, den, three-piece bathroom, and cold cellar, offering excellent potential for extended family living or additional income opportunities.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$2,743
Lot Size34 ft x 120 ft
mls© NumberX13459626
Listed ByWisdomax 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%
$2,042
Property tax
$229
Heat allowance
$150
Housing costs
$2,421 / mo

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

Down payment20% · $79,800
25-yr amortization

Income needed

$74,000

gross annual household income

Payment at 4%
$1,679 / mo
Cash down
$79,800

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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