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558 - Confederation Heights, Thorold
$489,990
Excellent opportunity in Thorold's popular Confederation Heights neighbourhood! This bright and spacious raised bungalow offers a flexible layout that is well suited for both investors and end-users. Investors, This home features a total of 5 bedrooms and 2 full bathrooms. The layout makes it an ideal option for student rental use, especially with its close proximity to Brock University, public transit, Highway 406, and everyday amenities.For buyers looking for a single-family detached home, this property also offers plenty of living space for growing families, multi-generational households, or those needing extra bedrooms, office space, or lower-level flexibility. Situated on a deep 140 ft+ lot in an established neighbourhood close to schools, parks, trails, shopping, and major routes throughout Niagara.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,237 |
| Lot Size | 30 ft x 146.31 ft |
| mls© Number | X13674798 |
| Listed By | SPARK REALTY INC. |
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%
- $2,508
- Property tax
- $353
- Heat allowance
- $150
- Housing costs
- $3,011 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$93,000
gross annual household income
- Payment at 4%
- $2,062 / mo
- Cash down
- $97,998
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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