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Blakeley, Hamilton
$699,900
Exceptional Muliti-Gen Investment Opportunity! This impressive all-brick raised ranch is perfectly situated in the highly sought-after, mature and family-friendly Blakeley/St. Clair neighbourhood. Ideally located just minutes from Gage Park, schools, shopping, public transit and an abundance of amenities, this property offers an outstanding opportunity for investors, looking to supplement your mortgage or multi-generational living. Thoughtfully designed, the home features two spacious, beautifully updated units, each offering its own comfortable living space and amenities. Notable upgrades include an updated copper waterline, steel roof (2016), 9.6 kW solar panel system located on the rear/east side of the roof, two 100-amp hydro meters with surge suppression, updated PEX plumbing, large energy-efficient windows, two separate laundry facilities, individual HVAC controls, and a tankless water heater installed in 2018. The main level offers a bright, inviting living space, featuring 3 generous bedrooms, a stylish bathroom with double vanity, and an open-concept layout designed for both everyday living and entertaining. The showstopping eat-in kitchen boasts crisp white cabinetry, open shelving, a massive island with breakfast bar, and beautiful waterfall granite countertops. The lower-level unit adds additional living space, featuring 2 generously sized bedrooms, an updated full bathroom, and a bright open-concept layout complete with an updated eat-in kitchen with white cabinetry. Outside, enjoy a fully fenced yard, stamped concrete double-wide driveway, and an attached garage with convenient inside entry. The garage also provides the perfect shared storage space for both units. With its versatile layout, numerous updates, income-generating solar system, and unbeatable location, don't miss out on this one! RSA
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | 31-50 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,696 |
| Lot Size | 39 ft x 108 ft |
| mls© Number | X13823094 |
| Listed By | COLDWELL BANKER COMMUNITY PROFESSIONALS |
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%
- $3,582
- Property tax
- $475
- Heat allowance
- $150
- Housing costs
- $4,207 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$129,000
gross annual household income
- Payment at 4%
- $2,945 / mo
- Cash down
- $139,980
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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