182 Explorer Way, Thorold

$749,999
182 Explorer Way

$749,999

Price Change
64d
Detached2-Storey

182 Explorer Way, Thorold

Total Monthly Obligation $3,906

Beds
4
Baths
3
Park
2
Sqft
1500-2000
DOM
64d
Score
17
Yield
4.4%
Cash on Cash
-6.0%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.9%
Property Type-Detached
MLS® Number-X13695182
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-39.99 × 109.12 ft
Listed on site-Aug 20, 2026
Style-2-Storey
Building Type-Detached
Age-New
Taxes-$6,066.87 (2026)
Parking-4 - Built-In
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-STRATA REAL ESTATE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Stone, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-30-59 days
Neighbourhood-560 - Rolling Meadows
Title-Residential Freehold

No agent assigned

Welcome to 182 Explorer Way, a beautifully maintained 2-storey home in one of Thorold's most desirable neighbourhoods. Offering 4 bedrooms, 3 bathrooms, and a double-car garage, this bright, open-concept home features a tiled foyer with an elegant oak staircase, hardwood flooring throughout the living, and oversized windows that fill the space with natural light. The eat-in kitchen boasts espresso cabinetry, stainless steel appliances, a centre island with breakfast bar seating, and a dining area with walkout to a private deck overlooking the open backyard-perfect for entertaining. A convenient main-floor powder room completes the level. Upstairs, all four spacious bedrooms include closets, with two walk-in closets, including one in the primary suite, which also features a private ensuite. A second full bathroom and upper-level laundry add everyday convenience. The unfinished basement offers endless possibilities to create a home theatre, gym, additional bedrooms, an in-law suite, or income-generating space-allowing you to customize it to your needs. Ideally located minutes from Highway 406, the QEW, Brock University, shopping, schools, restaurants, St. Catharines, and Niagara Falls. Enjoy nearby golf courses, wineries, parks, trails, the Welland Canal, and all the attractions of Niagara wine country. Whether you're looking for a family home, investment property, or Airbnb opportunity, 182 Explorer Way offers exceptional value, location, and future potential. Please reach out for a private viewing!

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%
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$599,999
Land Transfer Taxes$11,475
Legal Fees (Est.)
$
Total cash required for closing$162,975

Total Monthly Obligation

$3,906/mo
Mortgage $3,025
Monthly Loss $3,110
Principal$796
Interest$2,229
Property Tax$506
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.5%1
5-Year IRR
7.4%20
10-Year IRR
8.6%
Returns Index
11.3/ 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
$33,228/yr
NOI
$19,338/yr
Net Cash Flow
-$1,414/mo
Cash Margin
-51.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
21.1/ 100

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

Comparables

Properties near 182 Explorer Way

Time

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Data last updated within the past 24 hours.