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Listed 12 days ago

524 Roxborough Avenue

Homeside, Hamilton

$349,900

Detached|Bungalow
2 | 1 | 1
About this home

YES... you can still buy a home in Hamilton for $350K! This is an opportunity for first-time buyers, renovators or investors looking to get into the Hamilton market at an affordable price point. The home was originally configured as two bedrooms, with the current owners combining them to create one larger bedroom. The layout could be converted back to two bedrooms, while a separate den provides additional flexible space. The home also features a 4-piece bathroom and offers plenty of opportunity for someone ready to roll up their sleeves and make it their own. Located in an established Hamilton East neighbourhood close to shopping, transit, parks, schools and everyday amenities. This one isn't about perfect finishes, it's about potential and the opportunity to create value. Whether you're looking for your first home, a renovation project or your next investment, bring your ideas and come see what's possible.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,114
Lot Size20 ft x 90 ft
mls© NumberX13821468
Listed ByRE/MAX ESCARPMENT GOLFI 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%
$1,791
Property tax
$260
Heat allowance
$150
Housing costs
$2,200 / mo

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

Down payment20% · $69,980
25-yr amortization

Income needed

$68,000

gross annual household income

Payment at 4%
$1,472 / mo
Cash down
$69,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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