51 Queen Street S, Thorold

$419,900
51 Queen Street S

$419,900

New
9d
DetachedBungalow

51 Queen Street S, Thorold

Total Monthly Obligation $2,289

Beds
3
Baths
1
Park
2
Sqft
700-1100
DOM
9d
Score
23
Yield
6.1%
Cash on Cash
1.4%
Cap Rate
4.9%
5Y IRR
16.7%
10Y IRR
15.5%
Property Type-Detached
MLS® Number-X14031592
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-33 × 132 ft
Listed on site-Oct 14, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,646.38 (2026)
Parking-2 - None
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-557 - Thorold Downtown
Title-Residential Freehold

No agent assigned

Welcome to 51 Queen Street in the heart of Thorold, a beautifully renovated 3-bedroom home that's move-in ready from top to bottom. Thoughtfully updated throughout, this home features a brand-new kitchen, an updated bathroom, new flooring, and a bright, refreshed interior that blends modern finishes with everyday functionality. The basement has also been professionally waterproofed, providing added peace of mind for years to come. Whether you're a first-time buyer, down-sizer, or investor, this is an excellent opportunity to own a turnkey home in a convenient location close to schools, parks, shopping, Brock University, and highway access. Simply move in and enjoy.

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

Closing Costs

Mortgage Amount
$335,920
Land Transfer Taxes$4,873
Legal Fees (Est.)
$
Total cash required for closing$90,353

Total Monthly Obligation

$2,289/mo
Mortgage $1,694
Monthly Loss $1,844
Principal$446
Interest$1,248
Property Tax$221
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-5.1%2
5-Year IRR
11.7%48
10-Year IRR
12.0%
Returns Index
24.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$25,440/yr
NOI
$15,750/yr
Net Cash Flow
-$381/mo
Cash Margin
-18.0%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7713
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo72
Risk Index
34.4/ 100

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

Comparables

Properties near 51 Queen Street S

Time

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Data last updated within the past 24 hours.