31 Thorold Road E, Welland

$524,900
31 Thorold Road E

$524,900

New
18d
Att/Row/Townhouse2-Storey

31 Thorold Road E, Welland

Total Monthly Obligation $2,856

HausQ Valuation Report
Beds
3
Baths
3
Park
2
Sqft
1100-1500
DOM
18d
Score
20
Yield
5.3%
Cash on Cash
-2.6%
Cap Rate
4.0%
5Y IRR
13.5%
10Y IRR
13.0%
Property Type-Att/Row/Townhouse
MLS® Number-X13869146
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-19.85 × 137.45 ft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-16-30
Taxes-$4,359.51 (2026)
Parking-3 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-No
Fireplace-Living Room
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-769 - Prince Charles
Title-Residential Freehold

No agent assigned

Looking for a fully featured townhome without living in an extremely dense neighbourhood? Look no further! Welcome to 31 Thorold Road East. This 3 bedrooms, 3 bathroom 2 storey townhome is located within a few minutes walk of the Welland Canal and offers easy access to an abundance of major amenities. Step through the front door to find a fabulous open concept floor plan that includes a large kitchen, living room with fireplace, a nice sized dining area and a 2 piece bathroom. Travel upstairs to find an inviting primary bedroom suite complete with walk-in closet and ensuite privilege bathroom and 2 additional bedrooms. The finished basement offers a spacious laundry room with storage, a new 3 piece bathroom and a large rec room. The fenced backyard experiences full sun all day long and includes a large deck, plenty of lawn and a storage shed.

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

Closing Costs

Mortgage Amount
$419,920
Land Transfer Taxes$6,973
Legal Fees (Est.)
$
Total cash required for closing$113,453

Total Monthly Obligation

$2,856/mo
Mortgage $2,117
Monthly Loss $2,298
Principal$557
Interest$1,560
Property Tax$363
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.2%1
5-Year IRR
9.3%31
10-Year IRR
10.1%
Returns Index
16.4/ 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
$16,196/yr
Net Cash Flow
-$768/mo
Cash Margin
-33.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo57
Risk Index
27.8/ 100

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

Comparables

Properties near 31 Thorold Road E

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.