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562 - Hurricane/Merrittville, Thorold
$819,000
This New Community 2 Storey Detached Home Is Located In The Upcoming Thorold Community. Featuring Almost 3000 Square Feet Of Finished Living Space, This Property Offers Tons Of Upgrades. Garage With Double Doors Built-In. An Extra Wide Patio Door Overlooks Your Yard From Your Beautifully Designed Kitchen With An Island & Breakfast Bar. The Family Room Has An Open Concept With Balcony, Oak Staircase Leads You To 4 Large Bedrooms & 2 Full Washrooms On The Second Floor. Basement Fully Finished With Separate Entrance Features Ensuite Laundry & Private Kitchen, 2 Bedrooms And 1 Full Washroom. This 4+2 Bedroom Home Is Perfect For A Growing Family Or Investor. Great Family Neighborhood Right Off Hwy 406, We Are 5 Min From Niagara College, 10 Min From Brock University, Mins From Seaway Mall And Other Major Plazas. About 20 min From Niagara Falls, This Property Has Great Potential For Short-Term Rental Income During Peak Seasons Of The Year. Lots Of Upgrades Including Finished Basement Brick Exterior, 9Ft. Ceilings & Flooring On The Main Floor, 8Ft. Wide Sliding Patio Doors, Kitchen Backsplash, Oak Staircase, Glass Shower Doors.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 0-5 |
| Size | 2500-3000 sq. ft. |
| Property Tax | $6,542 |
| Lot Size | 44.07 ft x 92.07 ft |
| mls© Number | X14034212 |
| Listed By | RE/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%
- $4,192
- Property tax
- $545
- Heat allowance
- $150
- Housing costs
- $4,887 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$150,000
gross annual household income
- Payment at 4%
- $3,446 / mo
- Cash down
- $163,800
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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