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Listed 1 month ago

26 Barton St. Street E

Beasley, Hamilton

$699,000

Detached|2-Storey
3 | 3 | 0
About this home

Investment Opportunity! Located In Central Downtown Hamilton, Currently Setup As 1 Store Front Unit (Tenanted), 1 Bedroom Apartment on Main Floor (Tenanted), Two Bedroom Apartment On 2nd Floor (Tenanted). Great Business Exposure And Traffic.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,120
Lot Size16.75 ft x 90 ft
mls© NumberX13724846
Listed ByCENTURY 21 LANDUNION REALTY INC.

Listing History

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  • 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%
$3,578
Property tax
$510
Heat allowance
$150
Housing costs
$4,238 / mo

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

Down payment20% · $139,800
25-yr amortization

Income needed

$130,000

gross annual household income

Payment at 4%
$2,942 / mo
Cash down
$139,800

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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