278 Cochrane Road
Bartonville, Hamilton
$389,900
WELCOME TO 278 COCHRANE--A CHARMING DETACHED HOME BRIMMING WITH OPPORTUNITY AND POTENTIAL. WHETHER YOU'RE A FIRST-TIME HOME BUYER LOOKING TO STEP INTO HOME OWNERSHIP OR AN INVESTOR SEEKING AN INCOME PRODUCING PROPERTY, THIS RESIDENCE IS CONVENIENTLY LOCATED IN THE HAMILTON AREA SURROUNDED BY MANY AMENITIES. FEATURES 2 BEDROOMS AND SITS ON A GENEROUS, FULLY FENCED YARD, PERFECT FOR ENTERTAINING. THE DRIVEWAY ACCOMMODATES PARKING FOR UP TO 3 CARS. CLOSE TO HWY, SCHOOLS, PLACE OF WORSHIP. WITH A LITTLE TENDER CARE, IT HAS THE POTENTIAL TO SHINE, REFLECTED IN THE PRICED-TO-SELL VALUE. PROPERTY IS TENANTED. ALLOW 24 HOURS NOTICE FOR ALL SHOWINGS. DON'T MISS YOUR OPPORTUNITY TO MAKE IT YOUR OWN!
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $5,743 |
| Lot Size | 40 ft x 99.5 ft |
| mls© Number | X13695696 |
| Listed By | CENTURY 21 GREEN 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%
- $1,996
- Property tax
- $479
- Heat allowance
- $150
- Housing costs
- $2,624 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$81,000
gross annual household income
- Payment at 4%
- $1,641 / mo
- Cash down
- $77,980
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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