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Listed 19 days ago

38 Collier Road N

557 - Thorold Downtown, Thorold

$575,000

Detached|Bungalow
3 | 2 | 4
About this home

Welcome to 38 Collier Road. An exceptional residence, perfectly positioned for both convenience and lifestyle. Just minutes from Brock University, the QEW, The Pen Centre, the Outlet Collection, and major retailers. This home offers effortless access to everything you need. Thoughtfully renovated from top to bottom, the property showcases a refined open-concept main floor highlighted by a stunning feature fireplace-ideal for both everyday living and elegant entertaining. The main floor washroom exudes modern luxury with a double vanity and sleek glass-enclosed shower. Step outside to enjoy a newly built front deck overlooking an expansive lot, complemented by a detached single-car garage. Adding even greater value is the brand-new basement apartment with a private entrance-perfect for generating rental income or accommodating extended family.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,520
Lot Size60 ft x 120 ft
mls© NumberX13645990
Listed ByROYAL LEPAGE CERTIFIED REALTY

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%
$2,943
Property tax
$377
Heat allowance
$150
Housing costs
$3,470 / mo

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

Down payment20% · $115,000
25-yr amortization

Income needed

$107,000

gross annual household income

Payment at 4%
$2,420 / mo
Cash down
$115,000

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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