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556 - Allanburg/Thorold South, Thorold
$639,900
Welcome home to 54 Cowan Drive in Thorold South! This 3+1 bedroom, 2-bathroom brick raised bungalow, built in 1990, sits in a sought-after neighbourhood on a large, fully fenced lot, within walking distance to Ontario Public School. The main floor features 3 bedrooms, an open-concept kitchen/dining/living area, an updated kitchen with stainless steel appliances, and a renovated 4-piece bathroom (2025). Sliding doors provide easy access to the side deck and backyard. The renovated basement (2025) offers excellent additional living space, with a family room, recreation room, 4th bedroom, laundry, and 3-piece bathroom, and has potential for an in-law suite. Notable updates: main-floor windows (2026), roof (2020), furnace & central air (2022), central vacuum (2024), Samsung washer/dryer (2024), and newer flooring throughout. Attached garage with interior access. Conveniently located close to major highways, Brock University, public transit, amenities, and all that Niagara has to offer.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | 31-50 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,288 |
| Lot Size | 78 ft x 131 ft |
| mls© Number | X13800282 |
| Listed By | REALTY 7 LTD. |
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%
- $3,275
- Property tax
- $357
- Heat allowance
- $150
- Housing costs
- $3,783 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$116,000
gross annual household income
- Payment at 4%
- $2,693 / mo
- Cash down
- $127,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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