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Listed 9 days ago

20 ST. CHARLES Drive

557 - Thorold Downtown, Thorold

$625,000

Detached|Sidesplit
3 | 4 | 2
About this home

Situated in one of Thorold's most desirable neighbourhoods, this property presents an exceptional opportunity for families of all sizes. Featuring a total of six bedrooms and four three-piece bathrooms across the upper and lower units, it is ideally suited for multi-generational living or for buyers looking to offset their mortgage with rental income. Both units are fully self-contained, offering complete kitchens, separate laundry facilities, and private entrances. Recent updates include new window coverings, modern appliances, and renovated bathrooms, making this home truly move-in ready. Conveniently located close to elementary schools, Brock University, and the Pen Centre, this turnkey property offers both lifestyle and investment appeal.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleSidesplit
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,558
Lot Size55.8 ft x 123.22 ft
mls© NumberX13810080
Listed ByRE/MAX ESCARPMENT 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%
$3,199
Property tax
$380
Heat allowance
$150
Housing costs
$3,729 / mo

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

Down payment20% · $125,000
25-yr amortization

Income needed

$115,000

gross annual household income

Payment at 4%
$2,630 / mo
Cash down
$125,000

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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