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Listed 19 days ago

134 Deschene Avenue

Greeningdon, Hamilton

$759,900

Detached|Bungalow
3 | 2 | 5
About this home

RARE LEGAL RETROFITTED DUPLEX ON CENTRAL HAMILTON MOUNTAIN! Exceptional turn-key investment orlive-in mortgage helper situated on a premium 48' x 133' lot with outstanding potential for agarden suite or future expansion. Full legal conversion completed April 2022 with completezoning and permit documentation on file.Upper unit features a bright, sun-filled 3-bedroom, 1-bathroom layout with a modern kitchen,stainless steel appliances, and ample storage space. The lower level boasts a spaciousopen-concept layout with a private separate side entrance. Lower unit vacant Oct 1st-set yourtop market rent or move in! Upper unit fully tenant-occupied.Designed for hassle-free property management: 2 separate electrical panels for tenant-paidhydro, 60/40 heat split, dedicated private laundry setups for both levels, and an upgraded1-inch main waterline. Furnace & A/C new in 2022, Roof 2013. Prime location minutes totop-rated schools, parks, shopping centers, and transit. A turnkey, cash-flowing asset delivering unbeatable versatile

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,500
Lot Size47.5 ft x 133 ft
mls© NumberX13794576
Listed ByRE/MAX ESCARPMENT 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%
$3,890
Property tax
$375
Heat allowance
$150
Housing costs
$4,414 / mo

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

Down payment20% · $151,980
25-yr amortization

Income needed

$136,000

gross annual household income

Payment at 4%
$3,198 / mo
Cash down
$151,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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