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28 Hollywood Street N

Ainslie Wood, Hamilton

$819,900

Detached|2-Storey
7 | 3 | 3
About this home

Fantastic opportunity for large families or savvy investors in a quiet, well-established neighbourhood just steps from McMaster University. With parking for three vehicles and an impressive seven bedrooms throughout the home, this property offers exceptional flexibility for multi-generational living, student housing, or income potential. Inside, the home features laminate flooring throughout, updated feel to every space. Fantastic Location! Only Steps From The Mc master University! Minutes To Shopping, Highways. This Renovated House Has 7 Bedrooms,3 Full Bathrooms , Laundry And 2 Kitchens. Plenty Of Parking Spaces. Newer Most Cost Efficient Hot Water Radiant Heating System, Including Heated Floor In The Basement. Finished Separate Lower Level With 2 Bedrooms, Kitchen And A Full Bathroom. Spacious Bedrooms .Don't let this sound investment property fly away .Photos may differ as tenant belongings have changed.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$6,762
Lot Size40 ft x 100 ft
mls© NumberX13077374
Listed ByRE/MAX REALTRON REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,197
Property tax
$564
Heat allowance
$150
Housing costs
$4,910 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $163,980
25-yr amortization

Income needed

$151,000

gross annual household income

Payment at 4%
$3,450 / mo
Cash down
$163,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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