85 Locke Street S
Kirkendall, Hamilton
$599,000
Over 2,000 sq.ft in one of Hamilton's most sought-after locations! Situated on trendy Locke Street and scones from the future LRT, this property offers incredible flexibility forresidential, multi-unit or mixed-use purposes. Potential for four units, restaurant, retail and more. Currently functions as single family. Preliminary drawings available. Vacantpossession. A fantastic opportunity for investors, renovators, first-time buyers or aspiring business owners. Steps to Hamilton's finest cafes, restaurants, parks and schools.Don't miss this opportunity on Locke Street!
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | 100+ |
| Size | 2000-2500 sq. ft. |
| Property Tax | $6,213 |
| Lot Size | 38 ft x 50 ft |
| mls© Number | X13771940 |
| Listed By | MICHAEL ST.JEAN REALTY INC. |
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%
- $3,066
- Property tax
- $518
- Heat allowance
- $150
- Housing costs
- $3,734 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$115,000
gross annual household income
- Payment at 4%
- $2,521 / mo
- Cash down
- $119,800
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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