8 Sara Drive, Thorold

$819,000
8 Sara Drive

$819,000

New
11d
Detached2-Storey

8 Sara Drive, Thorold

Total Monthly Obligation $4,224

Beds
4
Baths
4
Park
4
Sqft
2500-3000
DOM
11d
Score
20
Yield
5.6%
Cash on Cash
-0.6%
Cap Rate
4.5%
5Y IRR
15.1%
10Y IRR
14.2%
Property Type-Detached
MLS® Number-X14034212
Beds-4
Bathrooms-4
Size-2500-3000 sqft
Lot Size-44.07 × 92.07 ft
Listed on site-Oct 12, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Taxes-$6,542 (2025)
Parking-6 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTY SPECIALISTS INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-562 - Hurricane/Merrittville
Title-Residential Freehold

No agent assigned

This New Community 2 Storey Detached Home Is Located In The Upcoming Thorold Community. Featuring Almost 3000 Square Feet Of Finished Living Space, This Property Offers Tons Of Upgrades. Garage With Double Doors Built-In. An Extra Wide Patio Door Overlooks Your Yard From Your Beautifully Designed Kitchen With An Island & Breakfast Bar. The Family Room Has An Open Concept With Balcony, Oak Staircase Leads You To 4 Large Bedrooms & 2 Full Washrooms On The Second Floor. Basement Fully Finished With Separate Entrance Features Ensuite Laundry & Private Kitchen, 2 Bedrooms And 1 Full Washroom. This 4+2 Bedroom Home Is Perfect For A Growing Family Or Investor. Great Family Neighborhood Right Off Hwy 406, We Are 5 Min From Niagara College, 10 Min From Brock University, Mins From Seaway Mall And Other Major Plazas. About 20 min From Niagara Falls, This Property Has Great Potential For Short-Term Rental Income During Peak Seasons Of The Year. Lots Of Upgrades Including Finished Basement Brick Exterior, 9Ft. Ceilings & Flooring On The Main Floor, 8Ft. Wide Sliding Patio Doors, Kitchen Backsplash, Oak Staircase, Glass Shower Doors.

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

Closing Costs

Mortgage Amount
$655,200
Land Transfer Taxes$12,855
Legal Fees (Est.)
$
Total cash required for closing$178,155

Total Monthly Obligation

$4,224/mo
Mortgage $3,304
Monthly Loss $3,354
Principal$869
Interest$2,434
Property Tax$545
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.3%2
5-Year IRR
11.4%46
10-Year IRR
11.7%
Returns Index
24.0/ 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
$45,900/yr
NOI
$30,268/yr
Net Cash Flow
-$781/mo
Cash Margin
-20.4%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7612
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
22.2/ 100

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

Comparables

Properties near 8 Sara Drive

Time

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