3 Delicious Court, Thorold

$999,500
3 Delicious Court

$999,500

New
65d
DetachedBungalow-Raised

3 Delicious Court, Thorold

Total Monthly Obligation $4,996

Beds
5
Baths
3
Park
2
Sqft
1500-2000
DOM
65d
Score
15
Yield
3.6%
Cash on Cash
-9.0%
Cap Rate
2.6%
5Y IRR
8.5%
10Y IRR
9.1%
Property Type-Detached
MLS® Number-X13693732
Beds-5
Bathrooms-3
Size-1500-2000 sqft
Lot Size-33.79 × 106.89 ft
Listed on site-Aug 19, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$7,075.01 (2025)
Parking-4 - Attached
Basement-Apartment, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-FLEX
Neighbourhood-560 - Rolling Meadows
Title-Residential Freehold

No agent assigned

Welcome to 3 Delicious Court - and I dare you to find a tastier deal than this one.Built in 2023, this incredible custom raised bungalow sits on a massive pie-shaped lot tucked away on a hidden gem of a court surrounded by other beautiful custom homes in Rolling Meadows.With 5 total bedrooms, 3 bathrooms, 2 kitchens and 2 laundry rooms and 9-foot ceilings on BOTH levels, this home offers an incredible setup for a large or multi-generational family. Even better, the fully finished walkout basement features its own entrance, kitchen, living room, 2 bedrooms, full bathroom and laundry - perfect for the in-laws, older kids, guests or some serious rental income potential.The bright main floor features a spacious living area, modern kitchen with quartz countertops, high-end appliances and custom shelving, 3 bedrooms, 2 bathrooms and main-floor laundry. Walk straight out to the massive deck overlooking the fully privacy-fenced backyard - an amazing space for entertaining or enjoying summer nights.California shutters throughout, gas lines for indoor cooking and BBQ, plus a double garage with an impressive 12-foot ceiling and 8-foot garage door.Quiet court. Huge lot. Nearly new custom home. Five bedrooms. Three bathrooms. Two kitchens. Two laundry areas. Separate basement entrance. Incredible income or multi-generational potential.Close to schools, parks, shopping and highway access.

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$
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$799,600
Land Transfer Taxes$16,465
Legal Fees (Est.)
$
Total cash required for closing$217,865

Total Monthly Obligation

$4,996/mo
Mortgage $4,032
Monthly Loss $3,935
Principal$1,061
Interest$2,971
Property Tax$590
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.8%0
5-Year IRR
5.6%13
10-Year IRR
7.2%
Returns Index
7.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$36,120/yr
NOI
$20,933/yr
Net Cash Flow
-$2,287/mo
Cash Margin
-76.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo30
Risk Index
17.3/ 100

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

Comparables

Properties near 3 Delicious Court

Time

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