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Listed 11 days ago

28 Lampman Crescent

558 - Confederation Heights, Thorold

$489,990

Detached|Bungalow-Raised
2 | 2 | 3
About this home

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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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,237
Lot Size30 ft x 146.31 ft
mls© NumberX13674798
Listed BySPARK 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.

Down payment20% · $97,998
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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