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557 - Thorold Downtown, Thorold
$529,000
Welcome to 110 Queen Street S., Thorold! This fully renovated detached duplex is a fantastic turnkey investment or ideal opportunity for owner-occupants seeking rental income. Featuring two self-contained units, Main floor offering 2 bedrooms, 1 full bathroom, a bright living area, and a modern kitchen. Second Floor has 2 bedrooms, 1 bathroom, new kitchen, and a sunroom at front entrance. Two rough in Laundry Back to Back on the main floor, each unit can have its own laundry, or have the choice to set up one for the whole house. Completely updated from top to bottom with quality finishes throughout, including a new roof, new windows, new flooring, new kitchens, new bathrooms, fresh paint, updated fixtures, and more. The basement is dry and spaceful, not finished, but has a lot potential! Detached single-car garage plus private parking. Conveniently located close to schools, parks, shopping, public transit, Brock University, and easy access to Hwy 406. Move-in ready with excellent income potential-don't miss this exceptional opportunity!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 1100-1500 sq. ft. |
| Property Tax | $2,327 |
| Lot Size | 36.5 ft x 97 ft |
| mls© Number | X13525088 |
| 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%
- $2,708
- Property tax
- $194
- Heat allowance
- $150
- Housing costs
- $3,052 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$94,000
gross annual household income
- Payment at 4%
- $2,226 / mo
- Cash down
- $105,800
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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