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Listed 27 days ago

61 Barnesdale Avenue N

Stipley, Hamilton

$399,900

Detached|2-Storey
3 | 1 | 1
About this home

First time buyers and renovators, this 1912, 3 bedroom, 1 bathroom, two storey, double brick home comes with a fenced in back yard and 2-tier deck. For the handy person looking for a deal, you'll appreciate the work that's been done and still have some areas that are ready for completion. The main floor hardwood floors and trim throughout the living room, dining room, and stairway have been refinished and look amazing! The functional eat-in kitchen is looking for a designer to maximize the space and replace the missing trim. Much of the upstairs trim has been stripped and is awaiting final touches. The furnace and AC are approximately 10years old. The double-brick exterior helps the home maintain a consistent temperature during summer months, and lessens the need for the AC a good portion of the time. The shingles were replaced almost 11 years ago and there's still 4+ years on the transferrable warranty. Windows were replaced 2008-2009. Come to this family friendly neighbourhood and see for yourself!

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$2,881
Lot Size23.75 ft x 84.33 ft
mls© NumberX13756352
Listed ByRoyal LePage Trius Realty Brokerage

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%
$2,047
Property tax
$240
Heat allowance
$150
Housing costs
$2,437 / mo

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

Down payment20% · $79,980
25-yr amortization

Income needed

$75,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$79,980

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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