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Homeside, Hamilton
$425,000
Attn Renovators, Investors, Contractors and 1st time Buyers This property has 3 bedrooms ( 2 up and 1 on main),1-bathroom home offers an excellent entry point for someone looking to build equity and create that dream home in a desirable location. The home is livable and functional as-is, while offering plenty of potential for those looking to add their own personal touches and improvements over time. Fantastic opportunity to own a detached home on large beautiful lot with huge private fenced rear yard & double driveway. Very spacious layout and an accessible price point, this property is a great option for buyers looking to get into the market or investors searching for their next project. Quiet non-through street conveniently located in Hamilton, being close to public transit, employment opportunities, shopping, schools, amenities, and major transportation routes, making everyday commuting and access to the city simple and convenient. House is being sold "as is, where is."
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $2,212 |
| Lot Size | 40 ft x 111.5 ft |
| mls© Number | X13787296 |
| Listed By | ROYAL LEPAGE STATE 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%
- $2,175
- Property tax
- $184
- Heat allowance
- $150
- Housing costs
- $2,510 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$77,000
gross annual household income
- Payment at 4%
- $1,788 / mo
- Cash down
- $85,000
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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