190 Explorer Way, Thorold

$899,999
190 Explorer Way

$899,999

New
42d
Detached2-Storey

190 Explorer Way, Thorold

Total Monthly Obligation $4,574

HausQ Valuation Report
Beds
4
Baths
3
Park
2
Sqft
2000-2500
DOM
42d
Score
16
Yield
3.9%
Cash on Cash
-8.1%
Cap Rate
2.8%
5Y IRR
9.2%
10Y IRR
9.6%
Property Type-Detached
MLS® Number-X13770206
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-40 × 108 ft
Listed on site-Sep 11, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,824 (2025)
Parking-4 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-560 - Rolling Meadows
Title-Residential Freehold

No agent assigned

SIMPLY GORGEOUS AND ELEGANT! THIS IS HOW I WOULD DESCRIBE THIS PROPERTY AT 190 EXPLORER WAY IN THOROLD. THIS HOME BOASTS BEAUTIFUL FEATURES AND FINISHES THROUGHOUT THE HOUSE. BEAUTIFUL CABINETS, FLOORS AND UNIQUE LIGHT FIXTURES ADORN THIS HOME. THE WELL-DESIGNED MUDROOM WITH A GENEROUS WALK IN CLOSET AND A CONVENIENT ACCESS TO THE GARAGE DOOR IS A GOOD ADDITION TO THE HOUSE. BRIGHT OPEN CONCEPT ON THE MAIN FLOOR ATTRACTS THE NATURAL LIGHT WITH THE ADDITIONAL AMPLE AMOUNT OF POT LIGHTS. SECOND FLOOR FEATURES 4 SPACIOUS SIZED BEDROOMS. THE PRIMARY BEDROOM WITH TWO WALK IN CLOSETS AND AN ENSUITE THAT FEATURES A SHOWER WITH AN UPGRADED GLASS DOOR. THE UNFINISHED BASEMENT FEATURING A BATHROOM ROUGH-IN READY FOR YOUR FUTURE FINISHING IDEAS. A FEW UPGRADES ADDED ARE: 200 AMP SERVICE, HUMIDIFIER, WATER SOFTENER AND TANKLESS WATER HEATER (RENTAL). ALL THE APPLIANCES ARE STAINLESS STEEL AND IN VERY GOOD CONDITION. THIS HOME HAS CLOSE PROXIMITY TO SCHOOLS, SHOPPING AND RESTAURANTS.IT IS APPROXIMATELY 10 MINS TO COSTCO AND 15 MINS TO NIAGARA FALLS. IT IS ALSO MINUTES AWAY TO HWY 406 OR QEW, MAKING IT CONVENIENT FOR COMMUTING. THIS BEAUTIFULLY MAINTAINED AND THOUGHTFULLY DESIGNED HOME OFFERS THE PERFECT BLEND OF COMFORT, FUNCTIONALITY AND STYLE. COME SEE IT FOR YOURSELF, YOU WONT BE DISAPPOINTED!

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

Closing Costs

Mortgage Amount
$719,999
Land Transfer Taxes$14,475
Legal Fees (Est.)
$
Total cash required for closing$195,975

Total Monthly Obligation

$4,574/mo
Mortgage $3,630
Monthly Loss $3,619
Principal$955
Interest$2,675
Property Tax$569
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.1%0
5-Year IRR
6.1%15
10-Year IRR
7.6%
Returns Index
8.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$34,920/yr
NOI
$20,104/yr
Net Cash Flow
-$1,955/mo
Cash Margin
-67.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
18.5/ 100

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

Comparables

Properties near 190 Explorer 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.