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Listed 2 months ago

1873 Main Street E

McQuesten, Hamilton

$549,900

Detached|2-Storey
5 | 2 | 1
About this home

Welcome to 1873 Main St E, a well-appointed and lovingly maintained 2 storey home that is much larger than it appears! Offering approximately 1782 sq.ft. of above-grade living space, this spacious home features excellent second-level-in-law potential. The main level offers 2 generously sized bedrooms and an updated 3-piece bathroom, while the second level features 3 additional bedrooms, a kitchen, and a 4-piece bathroom. Plenty of space for a growing family or extended family setup. A single-car driveway located at the side/rear of the property. Adds convenient parking.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$3,490
Lot Size31 ft x 100 ft
mls© NumberX13701366
Listed ByROYAL LEPAGE STATE REALTY

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%
$2,815
Property tax
$291
Heat allowance
$150
Housing costs
$3,255 / mo

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

Down payment20% · $109,980
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$2,314 / mo
Cash down
$109,980

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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