196 Hodgkins Avenue, Thorold

$859,900
196 Hodgkins Avenue

$859,900

New
59d
Detached2-Storey

196 Hodgkins Avenue, Thorold

Total Monthly Obligation $3,844

Beds
5
Baths
5
Park
2
Sqft
2000-2500
DOM
59d
Score
20
Yield
4.7%
Cash on Cash
-1.1%
Cap Rate
4.3%
5Y IRR
14.7%
10Y IRR
13.9%
Property Type-Detached
MLS® Number-X13709514
Beds-5
Bathrooms-5
Size-2000-2500 sqft
Lot Size-38.52 × 85.4 ft
Listed on site-Aug 25, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Parking-4 - Attached
Basement-Apartment, Finished, Separate Entrance, Walk-Up
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-556 - Allanburg/Thorold South
Title-Residential Freehold

No agent assigned

This newly constructed "Multi- Generational", 2-storey home offers your family the very best in accommodations. Step inside to find a spacious main floor complete with gleaming tile and hardwood floors, kitchen with gorgeous white ceiling height cabinets, stainless steel appliances and quartz counters, a large dining area and a massive living room. Travel upstairs to find 2 full primary suites (one at the front and one at the back - each with its own walk-in closet and private ensuite bathroom), a 3rd and 4th bedroom and a full 4 piece bathroom. The basement features a separately contained 1 bedroom inlaw suite. Bring the whole family, there is lots of room! Income potential :)

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

Closing Costs

Mortgage Amount
$687,920
Land Transfer Taxes$13,673
Legal Fees (Est.)
$
Total cash required for closing$187,153

Total Monthly Obligation

$3,844/mo
Mortgage $3,469
Monthly Loss $2,931
Principal$913
Interest$2,556
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.5%2
5-Year IRR
11.2%44
10-Year IRR
11.4%
Returns Index
23.1/ 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
$39,996/yr
NOI
$31,496/yr
Net Cash Flow
-$844/mo
Cash Margin
-25.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7612
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
23.5/ 100

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

Comparables

Properties near 196 Hodgkins Avenue

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.