20 Carleton Street N
557 - Thorold Downtown, Thorold
$444,900
Super Duplex in a Great area of Thorold. This larger duplex is well maintained resting on a 66 x 132 foot lot with private driveway and double garage. The main floor tenants have been in the property for approximately 12 years and the upper tenant has been in the property just over 1 year. Both tenants want to remain. Three separate hydro meters, exit from basement to rear yard, updated Electric Hot Water Tanks (2) owned and on separate meters for down and up and third meter for furnace only, an updated furnace, eavestroughs replaced in 2019 and roof re-shingled in 2012. Excellent investment opportunity. Close to down town, schools, bus depot, shopping, Brock University and major highways.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $4,213 |
| Lot Size | 66 ft x 132 ft |
| mls© Number | X13869162 |
| Listed By | KELLER WILLIAMS COMPLETE REALTY |
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%
- $2,277
- Property tax
- $351
- Heat allowance
- $150
- Housing costs
- $2,778 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$85,000
gross annual household income
- Payment at 4%
- $1,872 / mo
- Cash down
- $88,980
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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