Raised bungalow with in-law suite on quiet Thorold street

Property details for 13 Cowan Drive, Thorold

Type: Residential
Style: Raised bungalow
Bedrooms: 3
Bathrooms: 2
Lot Size: 50.1 x 134.5 FT
Stories: 1
Basement: Finished, Full, Separate entrance, N/A, N/A
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick, Vinyl siding
Ownership: Freehold
Annual Taxes: $4,086

This raised bungalow packs a lot into 50 x 134 feet. Main floor has two bedrooms and a full bath. Kitchen counters are granite, cabinets are solid wood. Large windows and a skylight keep it bright. Primary bedroom steps out onto an upper deck overlooking the fenced yard. The 2024 renovation turned the basement into a full second unit with its own entrance, kitchen, living room with fireplace, bedroom, and a bathroom with TOTO bidet. High ceilings down there help it feel bigger. Outside, there's a gazebo and two decks, plus an attached garage and room for 4 cars total. It sits on a quiet cul-de-sac. Walk to parks, a school, and the Welland Canal. Brock University is about 5 km away, and The Pen Centre is similar distance. This is listed at $679,000, which is above the area median of $579,900, but recent sales show a median of $779,000. Taxes run about $4,086 a year. If you need space for extended family or want rental income, this layout works. Few homes nearby offer that kind of flexibility.

About 13 Cowan Drive, Thorold — Property Score

Great Location

Score: 64/100

Value

Priced 2.9% below area median of $699,450 based on 84 comparable properties nearby 74

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - 1 fewer than similarly priced 4-bedroom homes nearby 48

2 bathrooms - 1 fewer than similarly priced properties nearby 48

6,738 sqft lot - a generous lot for the area 78

Location

$78K median household income - near the Canadian average of $70K 69

84% of residents hold postsecondary credentials - a highly educated neighbourhood 91

88% homeownership rate - indicating a stable, owner-occupied community 92

81% of residents commute under 30 minutes - excellent commuter accessibility 94

123/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 19 days on market 98

-99.4% median price change over 1 month - declining prices in the area 1

151 months of housing supply - 151 active listings with 1 sold last month (buyer's market) 40

Features

4-car garage - area average is 4.9 spots 95

Finished, Full, Separate entrance, N/A, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

1 fireplace - a desirable feature for Canadian winters 75

No premium extras like pool, waterfront, or view 50

Investment

0.6% effective tax rate ($4,086/yr) - very low tax burden 82

10% renter population - primarily owner-occupied area 42

Quality

Condition

Listing

50 photos provided - 43% more than the area average of 35 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.