



Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$629,000
Thorold
59 Alexandra Drive, Thorold (Hurricane/Merrittville), Ontario, L3B0G3
This 3-bedroom, 3-bathroom home in Thorold is for sale offering roughly 1,750 sq ft of space. Listed at $629,000, it is attractively priced about 10% below the $699,900 median asking price in Thorold. It has been on the market 24 days, fresher than the Thorold average of 70 days.
Welcome to 59 Alexandra Drive in Thorold, a spacious two-storey detached home offering approximately 1,692 sq. ft. of living space, three bedrooms, three bathrooms, and the added benefit of an existing tenancy generating $2,500 per month in rental income.The main floor features a bright, open-concept layout with a generous living room, dedicated dining area, and functional kitchen complete with a centre island, ample cabinetry, and stainless steel appliances. Large windows and sliding patio doors bring in plenty of natural light while providing direct access to the fully fenced backyard.Upstairs, the spacious primary bedroom includes a private ensuite bathroom, while two additional well-sized bedrooms, a full bathroom, and convenient second-floor laundry complete the level. A powder room is located on the main floor.The unfinished basement offers approximately 751 sq. ft. of additional space, providing excellent potential for future living space, a home gym, or additional storage. An attached garage, double-door front entry, and private driveway add to the home's everyday practicality.Conveniently located in Thorold with access to schools, parks, shopping, Brock University, and major commuter routes, this property offers an appealing combination of space, functionality, and established rental income. An excellent opportunity for investors seeking a tenant-occupied property in the Niagara Region. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 24 days on market, against an average age of 70 days across the listings currently for sale in this city
This 3-bed single family in Thorold (Hurricane/Merrittville) has been listed for 24 days, which is 46 days fresher than the city average of 70. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $629,000, about 9.5× the local median household income of $66,500.
Carrying it typically needs a household income of about $122,866 (20% down, 25-yr amortization, stress-tested) — roughly 85% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3B)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice