53 Elderberry Road, Thorold

$699,000
53 Elderberry Road

$699,000

New
18d
Semi-Detached 2-Storey

53 Elderberry Road, Thorold

Total Monthly Obligation $3,658

Beds
4
Baths
3
Park
2
Sqft
1500-2000
DOM
18d
Score
17
Yield
4.5%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.2%
10Y IRR
11.1%
Property Type-Semi-Detached
MLS® Number-X13862542
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-29.59 × 100.07 ft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Semi-Detached
Age-6-15
Taxes-$5,556 (2025)
Parking-4 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX GARDEN CITY REALTY INC, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Other
Neighbourhood-558 - Confederation Heights
Title-Residential Freehold

No agent assigned

Space, style, and an unbeatable location come together in this beautifully designed semi-detached! Ideally located near Brock University, amenities, Highway 406 and Highway 58, this spacious 4-bedroom, 2.5-bath home offers the room and flexibility today's families are looking for.The thoughtful layout features a generous primary suite complete with a large walk-in closet and impressive ensuite with a soaker tub and separate shower. Three additional bedrooms provide plenty of space for family, guests, or a home office. A versatile second-level loft offers even more living space-perfect for a quiet sitting area, office, or playroom. With a double car garage and double-wide private asphalt driveway, parking is a breeze. Built by award-winning local builder Mountainview Homes, this home is semi-detached only at the garage, with its own roof and exterior walls, giving it the feel and privacy of a detached home.The unfinished basement offers exciting potential, with plumbing already roughed in for a future bathroom and the opportunity to create additional customized living space. Situated in a quiet, family-friendly area close to everything you need, this is one you'll want to see before it's gone!

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

Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$3,658/mo
Mortgage $2,820
Monthly Loss $2,916
Principal$742
Interest$2,078
Property Tax$463
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.2%1
5-Year IRR
7.6%21
10-Year IRR
8.8%
Returns Index
11.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$31,680/yr
NOI
$18,456/yr
Net Cash Flow
-$1,282/mo
Cash Margin
-48.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo43
Risk Index
22.2/ 100

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

Comparables

Properties near 53 Elderberry Road

Time

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Data last updated within the past 24 hours.