330 Waverly Street
McQuesten, Hamilton
$587,000
This solid brick bungalow offers 3 bedrooms and 1 bathroom on the main floor with a finished basement providing excellent additional living space. The carpet-free main floor features a functional layout and comfortable living area. Finished basement includes a cold cellar and offers potential for a separate rental suite with access through the existing side entrance. Great opportunity for investors, extended family or buyers looking to generate rental income, including potential student accommodation. Additional features include a detached garage at the rear of the house. A versatile property with plenty of potential in a convenient Hamilton location.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,700 |
| Lot Size | 41 ft x 100 ft |
| mls© Number | X13719312 |
| Listed By | REVEL Realty Inc., Brokerage |
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%
- $3,005
- Property tax
- $308
- Heat allowance
- $150
- Housing costs
- $3,463 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$107,000
gross annual household income
- Payment at 4%
- $2,470 / mo
- Cash down
- $117,400
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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