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Price Change$635,000

15 Keefer Road

558 - Confederation Heights, Thorold

$565,000

Detached|Backsplit 3
6 | 3 | 5
About this home

Welcome to 15 Keefer Road! This spacious 8-bedroom, 3-bathroom home offers a versatile layout with great potential for a large family, multi-generational living, or rental income. Approximately $30,000 has been invested in renovations, primarily in the basement, creating additional functional living space and also potential for rental income. The home comes well equipped with 2 refrigerators, 2 stoves, dishwasher, washer & dryer, 2 microwaves, 2 toasters, Google thermostat, light fixtures, smoke detectors and carbon monoxide detectors. Major updates include furnace & A/C (2021), roof (2015), and water heater (2025). Conveniently located close to Brock University, schools, shopping, transit and major highways.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBacksplit 3
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$3,942
Lot Size45 ft x 100 ft
mls© NumberX13726130
Listed ByHOMELIFE/DIAMONDS 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%
$2,892
Property tax
$329
Heat allowance
$150
Housing costs
$3,370 / mo

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

Down payment20% · $113,000
25-yr amortization

Income needed

$104,000

gross annual household income

Payment at 4%
$2,378 / mo
Cash down
$113,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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