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556 - Allanburg/Thorold South, Thorold
$399,000
A smart addition to any portfolio, this well maintained, move in ready 2 storey at 154 Niagara Falls Road in Thorold offers approximately 1,350 sq ft of bright, open concept living with a separate entrance leading to a basement full of potential - ideal for an in-law suite, additional living space, or a future income generating conversion. Pride of ownership shows throughout, with major mechanicals already taken care of, including a new hot water tank (2025), owned furnace, and updated roof (2023), so ownership starts with minimal maintenance and maximum peace of mind. Inside, the home is freshly painted throughout with an updated kitchen and new backsplash, 3 generous bedrooms, and 1.5 well kept baths, including a brand new main floor 2-piece powder room. Nestled on a quiet street in Thorold, you're minutes from Thorold Secondary School and St. Theresa Catholic Elementary, with seamless commuter access to the QEW and Hwy 406 connecting you to St. Catharines, Hamilton, and Toronto. Niagara College, Brock University, and the world-famous Falls attractions, dining, and entertainment are all just around the corner. With Niagara continuing to boom as one of Ontario's most desirable growth markets, this is the smart buy you've been waiting for - whether you're growing a portfolio or planting roots
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $2,275 |
| Lot Size | 19.76 ft x 94.68 ft |
| mls© Number | X13647506 |
| Listed By | NEST SEEKERS INTERNATIONAL REAL ESTATE |
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%
- $2,042
- Property tax
- $190
- Heat allowance
- $150
- Housing costs
- $2,382 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$73,000
gross annual household income
- Payment at 4%
- $1,679 / mo
- Cash down
- $79,800
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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