116 Collier Road S
557 - Thorold Downtown, Thorold
$649,990
This charming two-family home for sale is the perfect starter home or investment opportunity. Fully renovated from top to bottom this home features two kitchens, three bedrooms and one bath upstairs, as well two bedrooms and one bathroom downstairs. Enjoy the separate entrance and a detached garage for parking or additional storage. Don't miss out on this great opportunity!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 31-50 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,501 |
| Lot Size | 62.03 ft x 125 ft |
| mls© Number | X14094082 |
| Listed By | Your Home Sold Guaranteed Realty Imperium |
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%
- $3,327
- Property tax
- $375
- Heat allowance
- $150
- Housing costs
- $3,852 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$119,000
gross annual household income
- Payment at 4%
- $2,735 / mo
- Cash down
- $129,998
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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