51 HARMONY Way, Thorold

$622,920
51 HARMONY Way

$622,920

New
42d
Att/Row/Townhouse2-Storey

51 HARMONY Way, Thorold

Total Monthly Obligation $2,888

Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
42d
Score
20
Yield
4.5%
Cash on Cash
-2.3%
Cap Rate
4.1%
5Y IRR
13.8%
10Y IRR
13.2%
Property Type-Att/Row/Townhouse
MLS® Number-X13776502
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-19.91 × 98.49 ft
Listed on site-Sep 11, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-New
Parking-2 - Attached
Basement-Unfinished, Full
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding, Brick
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-6 Months
Neighbourhood-560 - Rolling Meadows
Title-Residential Freehold

No agent assigned

Listing Price includes Government Enhanced HST Rebate. To be built - spacious 1668 sq ft new two-storey interior unit freehold townhome in the Rolling Meadows master planned community. Features 9 main floor ceiling, 3 bedrooms, 2.5 bath and 2nd floor laundry. Kitchen features 37 tall upper cabinets, soft close cabinet doors and drawers, crown moulding, valence trim, island, walk-in pantry, stainless steel chimney hood and 4 pot lights. Smooth drywalled ceiling throughout, 12x24 ceramic tile flooring, 6 wide plank engineered hardwood flooring in the main floor hall/kitchen/great room. Spacious primary bedroom with large walk-in closet and ensuite with double sinks and 5 acrylic shower. Unfinished basement with plenty of room for future rec-room, den & bathroom. Includes 3 piece rough-in for future basement bathroom, one 47x36 egress basement window, Carrier central air, tankless water heater, Ecobee programmable thermostat, automatic garage door opener, 10x10 pressure treated wood covered rear deck, front landscaping package and an interlocking brick driveway. Only a short drive from all amenities including copious restaurants, shopping, golf, night life, vineyards, Niagara on the Lake & one of the 7 wonders of the world - Niagara Falls. Full Tarion warranty. 6 month closing. Listing price is based on builder pre-construction pricing. Limited time offer - $5000.00 Leons voucher included with sale. Buy now and get to pick your interior finishes! Built by national award winning builder Rinaldi Homes.

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

Closing Costs

Mortgage Amount
$498,336
Land Transfer Taxes$8,933
Legal Fees (Est.)
$
Total cash required for closing$135,017

Total Monthly Obligation

$2,888/mo
Mortgage $2,513
Monthly Loss $2,226
Principal$661
Interest$1,851
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.2%1
5-Year IRR
9.9%35
10-Year IRR
10.4%
Returns Index
18.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$27,840/yr
NOI
$20,556/yr
Net Cash Flow
-$800/mo
Cash Margin
-34.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo57
Risk Index
28.0/ 100

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

Comparables

Properties near 51 HARMONY Way

Time

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Data last updated within the past 24 hours.