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Listed 10 days ago

23 Water Street

557 - Thorold Downtown, Thorold

$794,000

Detached|Bungaloft
3 | 3 | 6
About this home

Absolutely stunning, move-in ready home in the heart of downtown Thorold. Nestled on a quiet, family-friendly street, this meticulously maintained residence offers nearly 2500 square feet of beautifully finished living space on a generous 47 X 111.27 feet lot-delivering the perfect balance of convenience and tranquility just minutes to schools, Brock university and shopping. From the moment you arrive, a bright, spacious open concept eat-in kitchen featuring stainless steel appliances, granite countertops, tons of cabinetry for both everyday living and effortless entertaining. Dining room feature 12 feet vaulted ceiling with crystal rain drop chandelier. The oversized primary suite loft offers a bright and luxurious escape complete with ensuite bathroom and walk in closet . Lower level apartment has in-law suite with its own separate entrance, 3 additional bedrooms, a full kitchen, bathroom, living room, and private laundry ideal for multi-generational living or rental potential income with large Windows, Ample Closets. The double car garage was painted and equipped with Tesla EV charger, also has a side door. The property was upgraded with Ecobee smart thermostat, a top model Eufy fingerprint smart door lock and custom backlit address LED light . A Rare Opportunity for investors, families to Own An Exceptional Property in city of Thorold.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungaloft
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,355
Lot Size47 ft x 111.27 ft
mls© NumberX13678280
Listed ByHOMELIFE LANDMARK 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%
$4,064
Property tax
$530
Heat allowance
$150
Housing costs
$4,744 / mo

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

Down payment20% · $158,800
25-yr amortization

Income needed

$146,000

gross annual household income

Payment at 4%
$3,341 / mo
Cash down
$158,800

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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