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Thorner, Hamilton
$729,900
This fully renovated LEGAL DUPLEX is the perfect opportunity for homeowners and investors alike. Featuring two brand-new kitchens with quartz countertops, two brand-new bathrooms, and new vinyl flooring throughout, this property has been completely upgraded with modern finishes. Every detail has been carefully considered, including new doors, baseboards, updated electrical, and new plumbing. The main floor offers three spacious bedrooms, one bathroom, and its own separate laundry, while the lower-level unit features two bedrooms, one bathroom, and separate laundry as well. Located on a quiet street, this home is just steps from Limeridge Mall, banks, parks, schools, and has convenient highway access. Situated on a great-sized lot with a long driveway, this property is ideal for large families or those looking for an income-generating opportunity. Live in one unit while renting out the other to help offset mortgage costs or lease both for a strong return on investment., . A 24-hour notice is required to view the lower unit. RSA.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,471 |
| Lot Size | 44.65 ft x 112 ft |
| mls© Number | X13832254 |
| Listed By | RE/MAX ESCARPMENT 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%
- $3,736
- Property tax
- $373
- Heat allowance
- $150
- Housing costs
- $4,259 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$131,000
gross annual household income
- Payment at 4%
- $3,072 / mo
- Cash down
- $145,980
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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