232 Thorne Drive, Strathroy-Caradoc

$649,900
232 Thorne Drive

$649,900

New
45d
Detached2-Storey

232 Thorne Drive, Strathroy-Caradoc

Total Monthly Obligation $3,376

Beds
3
Baths
3
Park
4
Sqft
1500-2000
DOM
45d
Yield
5.0%
Cash on Cash
-3.0%
Cap Rate
3.9%
5Y IRR
13.2%
10Y IRR
12.7%
Property Type-Detached
MLS® Number-X13752692
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-49.4 × 106.63 ft
Listed on site-Sep 8, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$4,548.81 (2025)
Parking-6 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 RED ROBIN REAL ESTATE LTD.
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-NE
Title-Residential Freehold

No agent assigned

LOCATION LOCATION!! Welcome to this charming 3-bedroom, 2.5-bath two-story home in Strathroy's sought-after north end.The main floor offers a spacious kitchen with ample storage, a bright eating area, a formal dining room, and a cozy living room featuring a gas fireplace. Enjoy seamless indoor-outdoor living with a three-season sunroom and a back deck complete with a stylish metal gazebo. A main-floor laundry room, 2-piece powder room, and direct double-car garage access add everyday convenience.Upstairs, the primary suite features a walk-in closet and a private 4-piece ensuite, accompanied by two additional generous bedrooms and a second 4-piece full bath. The basement of the home is waiting for you to turn it into the perfect space for you and your families growing needs or if you need lots of storage it is perfect for that too. Set on a beautifully landscaped, fully fenced lot, the backyard is ideal for families and pets, featuring a handy storage shed. Recent major updates include a new roof (2021), a new furnace and AC (2024), and updated windows. Additional perks include a 200-amp service, cold cellar, alarm system, and a Sandpoint watering system.Ideally located close to great schools, the Gemini Arena, and Highway 402 for easy commuting.

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Closing Costs

Mortgage Amount
$519,920
Land Transfer Taxes$9,473
Legal Fees (Est.)
$
Total cash required for closing$140,953

Total Monthly Obligation

$3,376/mo
Mortgage $2,622
Monthly Loss $2,686
Principal$690
Interest$1,932
Property Tax$379
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 232 Thorne Drive

Time

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