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Ainslie Wood, Hamilton
$819,900
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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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $6,762 |
| Lot Size | 40 ft x 100 ft |
| mls© Number | X13077374 |
| Listed By | RE/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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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