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Listed 11 days ago

158 SUMMERS Drive

558 - Confederation Heights, Thorold

$605,000

Detached|2-Storey
3 | 3 | 3
About this home

WELCOME TO 158 SUMMERS DR. A family friendly neighborhood in South Confederation Heights. Minutes from schools, parks, shopping & transit, A convenient lifestyle awaits .Previously updated hardwood floors throughout. Spacious living rom' dining area with built in TV stand. Upgraded kitchen with white cabinets, quarts countertops, glass backsplash. all complimented with stainless appliances (6 yrs) new. Fridge with ice maker, gas range ,built in dishwasher, OTR microwave, coffee bar area or pass through to dining area. main floor patio doors to trex material deck/porch. Approx 300 sq. ft. stamp Crete patio. Maintenance free along side with shed for storage. Completely updated fence using 6 x 6 corner posts for added strength. New driveway in 2020 as well as stamp Crete walk way up front of home. Upper level boasts 3 large bedrooms, updated main bath (2020) Master has large double closets along with ensuite privileges'. Lower level complete with family room 4th bedroom or office and an additional 4 pce bath with tub & shower. separate laundry room with washer & dryer included. lots o storage space. attached 1 car garage ,inside entry. convenient 2 pce powder room .great family home or investment rental fully licensed by Thorold bylaw until July 2028

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$4,375
Lot Size32.54 ft x 111.9 ft
mls© NumberX13677126
Listed ByRE/MAX GARDEN CITY REALTY INC, BROKERAGE

Listing History

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,097
Property tax
$365
Heat allowance
$150
Housing costs
$3,611 / mo

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

Down payment20% · $121,000
25-yr amortization

Income needed

$111,000

gross annual household income

Payment at 4%
$2,546 / mo
Cash down
$121,000

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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