20 Carleton Street N, Thorold

$444,900
20 Carleton Street N

$444,900

New
17d
Detached1 1/2 Storey

20 Carleton Street N, Thorold

Total Monthly Obligation $2,521

Beds
6
Baths
2
Park
3
Sqft
1500-2000
DOM
17d
Score
27
Yield
7.2%
Cash on Cash
5.3%
Cap Rate
5.7%
5Y IRR
19.9%
10Y IRR
18.1%
Property Type-Detached
MLS® Number-X13869162
Beds-6
Bathrooms-2
Size-1500-2000 sqft
Lot Size-66 × 132 ft
Listed on site-Oct 6, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$4,212.6 (2026)
Parking-5 - Detached
Basement-Partial Basement, Unfinished
Heating-Radiant (Gas)
Brokerage-KELLER WILLIAMS COMPLETE REALTY
Cooling-Other
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Vinyl Siding, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Other
Sewer-Sewer
Possession-Assume with tenants
Neighbourhood-557 - Thorold Downtown
Title-Residential Freehold

No agent assigned

Super Duplex in a Great area of Thorold. This larger duplex is well maintained resting on a 66 x 132 foot lot with private driveway and double garage. The main floor tenants have been in the property for approximately 12 years and the upper tenant has been in the property just over 1 year. Both tenants want to remain. Three separate hydro meters, exit from basement to rear yard, updated Electric Hot Water Tanks (2) owned and on separate meters for down and up and third meter for furnace only, an updated furnace, eavestroughs replaced in 2019 and roof re-shingled in 2012. Excellent investment opportunity. Close to down town, schools, bus depot, shopping, Brock University and major highways.

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

Closing Costs

Mortgage Amount
$355,920
Land Transfer Taxes$5,373
Legal Fees (Est.)
$
Total cash required for closing$95,853

Total Monthly Obligation

$2,521/mo
Mortgage $1,795
Monthly Loss $2,048
Principal$472
Interest$1,322
Property Tax$351
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.6%33
Cash-on-Cash
-1.3%6
5-Year IRR
14.7%69
10-Year IRR
14.4%
Returns Index
36.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 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
$32,184/yr
NOI
$20,253/yr
Net Cash Flow
-$107/mo
Cash Margin
-4.0%2
Cash Flow Index
2.2/ 100
Risk Profile
Weight: 20%
DSCR
0.9422
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo65
Risk Index
35.2/ 100

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

Comparables

Properties near 20 Carleton Street N

Time

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