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Listed 10 days ago

126 Niagara Street

Industrial Sector, Hamilton

$485,000

Detached|2-Storey
3 | 2 | 1
About this home

A fantastic opportunity for first-time buyers and growing families in a quiet Hamilton Centre neighbourhood! This beautifully maintained and modernized home offers more than 1,400 sq. ft. of bright and comfortable living space with 3 bedrooms, 1.5 bathrooms and spacious principal rooms throughout. Updated main-floor flooring and fresh, light-toned walls throughout create a bright and airy feel, while the generous eat-in kitchen offers plenty of space for family meals and large main floor living area for everyday living. Thoughtful updates provide added peace of mind, including the roof completed in 2019, furnace and air conditioning in 2018, and an on-demand water heater installed in 2021.Step outside to a fabulous deep backyard featuring a deck perfect for entertaining and a large grassy area with plenty of room for kids and furry family members to play. Front drive parking adds everyday convenience. Enjoy a central location just minutes from Pier 4, Bayfront Park, the restaurants and shops of vibrant James Street North, downtown Hamilton and easy highway access. A wonderful combination of space, updates, outdoor living and location, ready for its next family to call home!

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$2,553
Lot Size22.19 ft x 131.52 ft
mls© NumberX13830134
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%
$2,482
Property tax
$213
Heat allowance
$150
Housing costs
$2,845 / mo

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

Down payment20% · $97,000
25-yr amortization

Income needed

$88,000

gross annual household income

Payment at 4%
$2,041 / mo
Cash down
$97,000

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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