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Listed 2 months ago

196 Hodgkins Avenue

556 - Allanburg/Thorold South, Thorold

$859,900

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

This newly constructed "Multi- Generational", 2-storey home offers your family the very best in accommodations. Step inside to find a spacious main floor complete with gleaming tile and hardwood floors, kitchen with gorgeous white ceiling height cabinets, stainless steel appliances and quartz counters, a large dining area and a massive living room. Travel upstairs to find 2 full primary suites (one at the front and one at the back - each with its own walk-in closet and private ensuite bathroom), a 3rd and 4th bedroom and a full 4 piece bathroom. The basement features a separately contained 1 bedroom inlaw suite. Bring the whole family, there is lots of room! Income potential :)

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age0-5
Size2000-2500 sq. ft.
Property Tax---
Lot Size38.52 ft x 85.4 ft
mls© NumberX13709514
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 estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,401
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$4,551 / mo

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

Down payment20% · $171,980
25-yr amortization

Income needed

$140,000

gross annual household income

Payment at 4%
$3,619 / mo
Cash down
$171,980

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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