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557 - Thorold Downtown, Thorold
$399,000
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.
No extras listed.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 1100-1500 sq. ft. |
| Property Tax | $2,743 |
| Lot Size | 34 ft x 120 ft |
| mls© Number | X13459626 |
| Listed By | Wisdomax 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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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