10 Lemon Avenue, Thorold

$575,000
10 Lemon Avenue

$575,000

New
5d
Att/Row/Townhouse2-Storey

10 Lemon Avenue, Thorold

Total Monthly Obligation $2,811

Beds
3
Baths
3
Park
1
Sqft
1100-1500
DOM
5d
Score
21
Yield
4.9%
Cash on Cash
-1.7%
Cap Rate
4.2%
5Y IRR
14.2%
10Y IRR
13.5%
Property Type-Att/Row/Townhouse
MLS® Number-X14091506
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-20.01 × 91.86 ft
Listed on site-Oct 18, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$1,404.19 (2026)
Parking-2 - Built-In
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-ROYAL CANADIAN REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Brick, Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-562 - Hurricane/Merrittville
Title-Residential Freehold

No agent assigned

Welcome to 10 Lemon Avenue, a spacious townhome located in the heart of Thorold. This beautiful 3-bedroom, 3-bathroom home boasts a thoughtfully designed open-concept layout, perfect for modern living. As you enter, you are welcomed by a bright and inviting foyer, setting the tone for the rest of the home. The main floor is designed to maximize space and light, with stunning flooring that flows seamlessly through the living and dining areas.Large windows allow natural light to flood the space, making it feel airy and bright.The chef-inspired kitchen is the heart of the home, featuring stainless steel appliances, a central island, ample cabinet storage, and a pantry. Whether you're cooking for family or hosting guests, the kitchen is both functional and stylish. The adjacent dining area is ideal for family meals or dinner parties, and the open concept ensures you're always part of the conversation.On the main floor, you'll also find a convenient powder room, adding extra comfort and practicality. The built-in garage, accessible from inside the home, offers additional storage and ease of entry. Completely Separate Driveway like a Detached Property. Upstairs, the large primary bedroom serves as a private retreat, complete with a 4-piece ensuite bathroom and a generous walk-in closet. Two additional spacious bedrooms, each with ample closet space, share a well-designed 4-piece bathroom. The upper floor also houses the laundry area, and the full, unspoiled basement offers potential for customization.The home is equipped with stylish zebra blinds throughout, providing both privacy and light control. Ideally located, 10 Lemon Avenue is close to Seaway Mall, Mel Swart Lake Gibson Conservation Park, and local schools. With quick access to Highway 406, commuting to St. Catharines or Niagara Falls is easy. 10 Minutes to Brock University.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$460,000
Land Transfer Taxes$7,975
Legal Fees (Est.)
$
Total cash required for closing$124,475

Total Monthly Obligation

$2,811/mo
Mortgage $2,319
Monthly Loss $2,201
Principal$610
Interest$1,709
Property Tax$117
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.9%1
5-Year IRR
10.1%36
10-Year IRR
10.7%
Returns Index
19.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$27,996/yr
NOI
$19,292/yr
Net Cash Flow
-$712/mo
Cash Margin
-30.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
28.7/ 100

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

Comparables

Properties near 10 Lemon 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.

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Data last updated within the past 24 hours.