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Listed 1 month ago

139 Dalewood Avenue

Ainslie Wood, Hamilton

$669,900

Detached|1 1/2 Storey
4 | 2 | 1
About this home

*Current tenant on Month to Month* Welcome to 139 Dalewood Avenue, a beautiful, meticulously maintained home situated just an easy 10-minute walk to McMaster University. If you are a parent looking for the perfect, safe, and premium location for your son or daughter while theycomplete their studies-or a savvy investor looking to add a high-yield asset to your portfolio in Hamilton's most resilient rental market-this is theproperty you have been waiting for. Inside, the home offers a bright and functional layout updated vinyl windows that flood the rooms withnatural light, and a roof that was fully replaced in July 2019 for years of maintenance-free living. The finished basement features durablelaminate flooring and excellent ceiling height, two spacious rooms equipped with proper egress windows. Located just steps from the McMastercampus, Westdale Village, transit, and amenities, this property offers unparalleled peace of mind for parents and a guaranteed draw for top-tiertenants. Don't miss this rare West End gem!

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$6,036
Lot Size46 ft x 81.75 ft
mls© NumberX13725488
Listed ByEXP 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%
$3,429
Property tax
$503
Heat allowance
$150
Housing costs
$4,082 / mo

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

Down payment20% · $133,980
25-yr amortization

Income needed

$126,000

gross annual household income

Payment at 4%
$2,819 / mo
Cash down
$133,980

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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