63 Carleton Street S, Thorold

$349,000
63 Carleton Street S

$349,000

New
4d
Detached2-Storey

63 Carleton Street S, Thorold

Total Monthly Obligation $2,078

Beds
4
Baths
1
Park
4
Sqft
1500-2000
DOM
4d
Score
55
Yield
9.7%
Cash on Cash
15.6%
Cap Rate
7.9%
5Y IRR
28.3%
10Y IRR
25.5%
Property Type-Detached
MLS® Number-X14093934
Beds-4
Bathrooms-1
Size-1500-2000 sqft
Lot Size-41 × 142 ft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$3,542 (2025)
Parking-6 - Detached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-REVEL Realty Inc., Brokerage
Cooling-None
Laundry-No
Fireplace-No
Pool-Inground, Decommissioned
Facing-West
Exterior-Aluminum Siding, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Vacant and ready for renovation
Neighbourhood-557 - Thorold Downtown
Title-Residential Freehold

No agent assigned

Welcome to 63 Carleton Street, a renovator's dream come true! This classic 4-bedroom, 2-story home is brimming with potential, ready for a thoughtful renovation to restore its timeless elegance and beauty. Offering approximately 1,600 sq. ft. of above-grade space plus a basement, this home features a charming front veranda and a screened rear porch-ideal for family living.Outside, a long driveway leads to a detached 2-car garage, providing ample parking, storage, or workshop space. Set on a large, private lot with no rear neighbors, the property boasts a 36x18 inground pool-a renovation-ready blank canvas waiting to become your private backyard oasis. Inside, you'll find exquisite original woodwork and stained glass that infuse the home with authentic character. Note - some pictures are virtually staged to show future possibilities.

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

Closing Costs

Mortgage Amount
$279,200
Land Transfer Taxes$3,710
Legal Fees (Est.)
$
Total cash required for closing$75,010

Total Monthly Obligation

$2,078/mo
Mortgage $1,408
Monthly Loss $1,707
Principal$370
Interest$1,037
Property Tax$295
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
6.4%55
Cash-on-Cash
7.3%34
5-Year IRR
21.8%95
10-Year IRR
20.3%
Returns Index
62.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeB
55/ 100
Fair•Hold / Negotiate

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$33,792/yr
NOI
$22,371/yr
Net Cash Flow
$456/mo
Cash Margin
16.2%56
Cash Flow Index
56.0/ 100
Risk Profile
Weight: 20%
DSCR
1.3257
LTV Ratio
80.0%18
Vacancy Buffer
4.5 mo77
Risk Index
50.9/ 100

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

Comparables

Properties near 63 Carleton Street S

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.