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557 - Thorold Downtown, Thorold
$749,999
Welcome to 47 Michigan Avenue, a beautifully renovated family home located in a quiet, family-friendly Thorold neighbourhood surrounded by mature trees. This spacious property offers three bedrooms upstairs plus three additional bedrooms in the finished basement, providing plenty of room for a growing or extended family. Many upgrades and renovations have been completed throughout the home. The large backyard features a beautiful swimming pool, perfect for summer entertaining and family enjoyment. Conveniently located near Richmond Street Public School and Our Lady of the Holy Rosary Catholic Elementary School, with parks, shopping and everyday amenities nearby. Approximately five minutes to Highway 406 and ten minutes to the Pen Centre, with easy access to Brock University and St. Catharines. The basement is not registered or recognized as a legal, retrofitted secondary dwelling unit. The seller and listing brokerage make no representations or warranties regarding its legal or retrofit status.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,300 |
| Lot Size | 60 ft x 111 ft |
| mls© Number | X13788906 |
| Listed By | SUTTON GROUP-ADMIRAL 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%
- $3,839
- Property tax
- $358
- Heat allowance
- $150
- Housing costs
- $4,347 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$134,000
gross annual household income
- Payment at 4%
- $3,156 / mo
- Cash down
- $150,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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