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Listed 11 days ago

408 Sanatorium Road

Westcliffe, Hamilton

$619,900

Detached|1 1/2 Storey
4 | 2 | 3
About this home

What if you stopped looking for perfect and started looking for potential? Well THIS is it: a West Hamilton Mountain home with the kind of location and flexibility that can be hard to find at this price point. This 1.5-storey home on a 50x100 lot features 3+1 bedrooms, 2 bathrooms, a private lot and driveway, plus in-law suite potential for buyers looking for multigenerational living, space for older kids or extended family. And the location? Minutes to Mohawk College, mountain accesses and everyday amenities. For a first-time buyer, investor, renovator or buyer looking for a Hamilton home with in-law potential, this is an opportunity to take a solid home in a great location and make it your own.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,905
Lot Size50 ft x 100 ft
mls© NumberX13823472
Listed ByROYAL LEPAGE STATE REALTY

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%
$3,173
Property tax
$409
Heat allowance
$150
Housing costs
$3,732 / mo

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

Down payment20% · $123,980
25-yr amortization

Income needed

$115,000

gross annual household income

Payment at 4%
$2,609 / mo
Cash down
$123,980

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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