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Westdale, Hamilton
$950,000
Rare opportunity in Westdale, steps from McMaster's front door, no bus required. A location students and investors rarely get the chance to secure. This 2.5 storey Tudor style home offers genuine curb appeal and over 2,800 sq ft of total living space, larger than most homes in the area and full of character throughout. The large, bright kitchen features skylights that flood the space with natural light, gleaming floors run through the home, original wood trim has been preserved, and the home has updated the electrical and plumbing. Currently set up with 7 student bedrooms, with two additional rooms having been used as bedrooms in the past, this home offers real flexibility for rental income or for a purchaser who wants an extra room for their own children. The loft bedroom becomes vacant this December, giving a purchaser the option to move in and claim that space right away. There is a bathroom on every floor for convenience, plus a newly renovated lower level bathroom, new carpet in the lower level, newer interior doors throughout, new flooring on the main level, and a new garage door. Parking is no issue with a 2 car driveway plus garage. This home has a long history of quality student tenants and was once the residence of a McMaster music professor, adding to its unique character. A rare and special offering in this sought after neighbourhood, properties like this do not come up often.
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $8,870 |
| Lot Size | 42.79 ft x 125 ft |
| mls© Number | X13804960 |
| Listed By | ROYAL LEPAGE REALTY PLUS OAKVILLE |
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%
- $4,863
- Property tax
- $739
- Heat allowance
- $150
- Housing costs
- $5,752 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$177,000
gross annual household income
- Payment at 4%
- $3,998 / mo
- Cash down
- $190,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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