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Listed 23 days ago

25 Cloy Drive

562 - Hurricane/Merrittville, Thorold

$709,900

Detached|2-Storey
4 | 3 | 4
About this home

Luxurious & Spacious Detached Home Located In The Prime Neighborhood. 2306 Sq Feet Empire home with Open-concept layout with 9 ft Ceilings on the main level; amazing corner lot. Bright And Sunny House. Spacious Master Bedroom With Ensuite & Large Walk-In Closet The 2nd Level Has 4 Bedrooms, 2 full Bathrooms. Kitchen Offers Plenty Of cabinets.2-car garage and 2 in the driveway. Amazing Location, Close To Hwy 406, Niagara College, Brock University, Seaway Mall, Walmart, Canadian Tire, Rona, and schools. About 20min from Niagara Falls& Niagara General Hospital.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age0-5
Size2000-2500 sq. ft.
Property Tax$6,685
Lot Size53.8 ft x 92.1 ft
mls© NumberX13823552
Listed ByRE/MAX REALTY SPECIALISTS INC.

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%
$3,634
Property tax
$557
Heat allowance
$150
Housing costs
$4,341 / mo

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

Down payment20% · $141,980
25-yr amortization

Income needed

$134,000

gross annual household income

Payment at 4%
$2,987 / mo
Cash down
$141,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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