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Listed 28 days ago

40 Elderberry Road

558 - Confederation Heights, Thorold

$945,000

Detached|2-Storey
4 | 5 | 6
About this home

Spacious detached home located in the desirable Confederation Heights neighbourhood of Thorold, just minutes from Brock University, major highways, schools, shopping, and everyday amenities. Offering four bedrooms, multiple bathrooms, bright open concept living, and a fully finished basement with a separate entrance, this home provides plenty of space and flexibility for a growing or extended family. The fully fenced backyard offers added privacy and outdoor space, all within a quiet, established neighbourhood in a convenient Thorold location.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$8,022
Lot Size14.6 metres x 30.5 metres
mls© NumberX13739428
Listed ByROYAL LEPAGE NRC REALTY

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%
$4,837
Property tax
$669
Heat allowance
$150
Housing costs
$5,655 / mo

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

Down payment20% · $189,000
25-yr amortization

Income needed

$174,000

gross annual household income

Payment at 4%
$3,977 / mo
Cash down
$189,000

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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