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Price Change$649,900

54 COWAN Drive

556 - Allanburg/Thorold South, Thorold

$639,900

Detached|Bungalow-Raised
3 | 2 | 5
About this home

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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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$4,288
Lot Size78 ft x 131 ft
mls© NumberX13800282
Listed ByREALTY 7 LTD.

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%
$3,275
Property tax
$357
Heat allowance
$150
Housing costs
$3,783 / mo

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

Down payment20% · $127,980
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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