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Listed 13 days ago

137 East 16th Street

Inch Park, Hamilton

$599,900

Detached|Bungalow
3 | 2 | 1
About this home

Welcome to 137 East 16th Street, a lovingly maintained bungalow in Hamilton's family-friendly Inch Park neighbourhood. Some homes simply feel special the moment you walk through the door-and this is one of them. Cherished by its original owner for decades, this home reflects years of pride, care and family memories while offering an exciting opportunity for its next chapter. Filled with natural light, the main level features 3 bedrooms, a welcoming family room, dedicated dining room, kitchen and spacious 5-piece bathroom with the bonus of a bidet. The comfortable layout offers plenty of room for everyday family living, entertaining and gathering together. Downstairs, the partially finished basement adds incredible versatility with a second kitchen, 3-piece bathroom, wood-burning fireplace, spacious laundry room and plenty of additional living and storage space. A separate walk-up entrance provides excellent potential for an in-law suite, multigenerational living or additional space for a growing family. Outside, enjoy a fully fenced rear yard with a storage shed and convenient rear access to the alleyway, plus a private single-car driveway. Clean, well cared for and filled with potential, this is a home you can comfortably enjoy today while updating and personalizing over time. Located in an established Hamilton Mountain neighbourhood close to schools, parks, shopping, transit and everyday amenities. A wonderful opportunity to make a much-loved home your own and begin its next generation of memories.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,936
Lot Size30 ft x 114 ft
mls© NumberX13812676
Listed ByRE/MAX REAL ESTATE CENTRE 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%
$3,071
Property tax
$411
Heat allowance
$150
Housing costs
$3,632 / mo

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

Down payment20% · $119,980
25-yr amortization

Income needed

$112,000

gross annual household income

Payment at 4%
$2,524 / mo
Cash down
$119,980

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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