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5 HAGAR STREET
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Beds
6
Baths
4
Sqft
—
Year
—
Type
Single Family
On market
28d
An exceptional turnkey investment opportunity awaits at 5 Hagar Street, a 3 storey semi-detached property offered as a duplex in the heart of Thorold, one of Niagara's most sought after student rental markets. This duplex is thoughtfully configured with two self contained units: a private ground floor suite featuring 1 bedroom, a full bathroom, and a kitchen, ideal for a single professional or couple, while the expansive main unit spans three storeys and offers an impressive 5 bedrooms, 3 bathrooms, and a full kitchen, perfectly suited for group or student living. With a proven track record as a high performing rental property, both units have been consistently in demand, benefiting from their proximity to Brock University and Niagara College, making them a natural fit for the thriving student housing market in the region. Nestled in a vibrant community of residents, Thorold offers tenants an enviable lifestyle with access to parks and trails, local cafés and restaurants, a lively downtown core, and the scenic Welland Canal all just minutes away, with the amenities of neighbouring St. Catharines also within easy reach. Whether you're expanding your portfolio or entering the rental market, 5 Hagar Street delivers immediate income potential, strong tenant demand, and long term value. Don't miss this rare chance to secure this opportunity! (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-6.60%
Cap rate
3.54%
GRM
16.7
Break-even rent
$5,542
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 12, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Thorold (Thorold Downtown). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.