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Listed 2 months ago

106 Emerald Street N

Landsdale, Hamilton

$369,000

Detached|Bungalow
1 | 2 | 2
About this home

DOWNTOWN GEM WITH ENDLESS POTENTIAL! Charming 1-bed + Den, 2-bath bungalow in Hamilton's trendy Lansdale area. Sitting on an extra-deep 20' x 132' lot, this home is a perfect for first-time buyers, downsizers, or savvy investors. Fully fenced backyard, Double driveway for convenient off-street parking. Walk Score 94, Steps to HSR bus routes & minutes to Hamilton GO Station for easy GTA access. Direct transit to McMaster University and 5 min drive to Mohawk College; walking distance to Hamilton General Hospital. Surrounded by downtown shopping, dining, schools, Bayfront Park and Hamilton Harbourfront .

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. AgeNot available
Size< 700 sq. ft.
Property Tax$2,096
Lot Size20 ft x 132 ft
mls© NumberX13699020
Listed ByCENTURY 21 NEW CONCEPT

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%
$1,889
Property tax
$175
Heat allowance
$150
Housing costs
$2,213 / mo

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

Down payment20% · $73,800
25-yr amortization

Income needed

$68,000

gross annual household income

Payment at 4%
$1,553 / mo
Cash down
$73,800

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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