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Greeningdon, Hamilton
$759,900
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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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,500 |
| Lot Size | 47.5 ft x 133 ft |
| mls© Number | X13794576 |
| Listed By | RE/MAX ESCARPMENT 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%
- $3,890
- Property tax
- $375
- Heat allowance
- $150
- Housing costs
- $4,414 / mo
Lenders cap these at 39% of gross income — that sets the number.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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