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Westdale, Hamilton
$1,099,900
This spacious and versatile corner property offers an exceptional layout for large families, investors, or multi-generational living. Ideally located just a short distance from the main entrance of McMaster University, the property features eight bedrooms, four full bathrooms, two kitchen, and generous common living spaces throughout.The main floor offers a spacious living room and dining area, a functional kitchen, and three well-sized bedrooms. The primary bedroom features a private 2-piece ensuite. A convenient 4 pc bedroom completes the main level.The second floor features two additional bedrooms and a 4-piece bathroom, providing comfortable and private living space for family members, guests, or home-office use.The basement rental unit has a separate entrance and features three bedrooms, a functional kitchen, a spacious living area, a 3-piece bathroom.The property also includes a single-car garage and four driveway parking spaces. All bedrooms and three parking spaces are currently rented, generating more than $7,000 monthly rental income. With its desirable corner location, large common areas, flexible multi-level layout, and convenient access to McMaster University, hospitals, public transit, shopping, restaurants, coffee shops, and major transportation routes, this property offers exceptional space, convenience, and income potential.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $10,776 |
| Lot Size | 92.5 ft x 51.5 ft |
| mls© Number | X13774322 |
| Listed By | JOYNET 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%
- $5,630
- Property tax
- $898
- Heat allowance
- $150
- Housing costs
- $6,678 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$205,000
gross annual household income
- Payment at 4%
- $4,629 / mo
- Cash down
- $219,980
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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