209 Velvet Way, Thorold

$925,000
209 Velvet Way

$925,000

New
50d
Detached2-Storey

209 Velvet Way, Thorold

Total Monthly Obligation $4,106

Beds
4
Baths
4
Park
2
Sqft
2000-2500
DOM
50d
Score
18
Yield
3.8%
Cash on Cash
-4.7%
Cap Rate
3.6%
5Y IRR
11.8%
10Y IRR
11.6%
Property Type-Detached
MLS® Number-X13745446
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-34 × 101 ft
Listed on site-Sep 3, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Parking-4 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-LANDMARK REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Electric
Pool-None
Facing-East
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-30-59 days
Neighbourhood-560 - Rolling Meadows
Title-Residential Freehold

No agent assigned

Beautiful, Bright & Spacious 2-Storey Detached Home Available In The Heart Of Niagara Region, Located In The Highly Desirable Rolling Meadows Community Of Thorold. This Modern Home Features 4 Bedrooms, 3.5 Washrooms & Approx. 2,300 Sq. Ft. Of Living Space. The Main Floor Offers A Bright Open-Concept Layout With 9-Ft Ceilings, Beautiful Hardwood Flooring, Quartz Countertops, Upgraded Interior Finishes & A Cozy Fireplace In The Living Room. The Second Floor Features A Spacious Family Room, Offering Additional Space For Relaxation & Family Gatherings. Double Parking, Unfinished Basement & Much More. Conveniently Located Close To Schools, Parks, Outdoor Recreation Facilities, Golf Clubs & Niagara's Exclusive Wine Country. Just 10 Minutes To Outlet Collection At Niagara & 14 Minutes To Niagara Falls. A Fantastic Opportunity To Own A Beautiful Modern Home In A Growing & Desirable Niagara Community!

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$740,000
Land Transfer Taxes$14,975
Legal Fees (Est.)
$
Total cash required for closing$201,475

Total Monthly Obligation

$4,106/mo
Mortgage $3,731
Monthly Loss $3,124
Principal$982
Interest$2,749
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.7%1
5-Year IRR
8.7%27
10-Year IRR
9.4%
Returns Index
14.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$35,556/yr
NOI
$27,500/yr
Net Cash Flow
-$1,439/mo
Cash Margin
-48.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo37
Risk Index
20.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 209 Velvet Way

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.