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Listed 25 days ago

192 Fruitland Road

Fruitland, Hamilton

$499,000

Detached|Bungalow
2 | 1 | 4
About this home

Attention Investors. Great opportunity in Stoney Creek Prime residential area. Easy Access from highway. Next door to new future development. Large frontage. property is under POS. Buyer to do diligence.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,113
Lot Size65.13 ft x 142.15 ft
mls© NumberX13774552
Listed BySUTTON GROUP-ADMIRAL 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%
$2,554
Property tax
$259
Heat allowance
$150
Housing costs
$2,964 / mo

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

Down payment20% · $99,800
25-yr amortization

Income needed

$91,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

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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