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Listed 3 months ago

33 Bounty Avenue

560 - Rolling Meadows, Thorold

$725,000

Detached|2-Storey
3 | 3 | 6
About this home

Opportunity knocking... Landlord Life? Duplex; Here is your Chance...Embrace urban convenience and tranquil living, situated in the sought-after Rolling Meadows community in Thorold. Live in one unit, & rent the other unit. Solid newer construction 3+1 bedroom, 2+1bathroom, dbl garage, 2 storey home. Whether you are seeking a family-friendly home or a property with rental potential, this home has it all! The upper unit (includes the main floor & second floor) 3bedrooms/2bathrooms & the lower unit is a self-contained lower 1bedroom/1bathroom studio unit. Both suites boast a harmonious blend of comfort, convenience, and striking contemporary design, open concept floor plans that seamlessly connect living, dining, and kitchen areas, both having large kitchen islands, creating a peaceful, inviting atmosphere. Both upper & lower suites have large bedrooms, you will enjoy plenty of storage, the home has shared laundry, conveniently located between the two units, as well as outdoor driveway parking for 4, & a double garage w/garage door opener, (Upper 3 Parking Spaces=2 Garage & 1 Outdoor Driveway // Lower= 1 Outdoor Driveway). Conveniently the unit partially finished (if needed). The Central location, close to the greatest amenities the area has to offer; the convenience of restaurants, wineries, shopping, golf courses, hiking/cycling trails, Lake Gibson, Welland Canal, local transit, 406 & QEW. Whether you're commuting to work or exploring your new neighbourhood, everything you need is just minutes away. This home offers a rare combination of indoor comfort, modern amenities, & outdoor leisure, whether you're seeking a family home or an investment opportunity, this property is sure to impress. Don't miss out on this unique property your perfect retreat awaits!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age0-5
Size2000-2500 sq. ft.
Property Tax$5,455
Lot Size50.1 ft x 111.11 ft
mls© NumberX13621072
Listed ByRE/MAX GARDEN CITY REALTY INC, BROKERAGE

Listing History

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  • 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%
$3,711
Property tax
$455
Heat allowance
$150
Housing costs
$4,315 / mo

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

Down payment20% · $145,000
25-yr amortization

Income needed

$133,000

gross annual household income

Payment at 4%
$3,051 / mo
Cash down
$145,000

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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