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Listed 9 days ago

7 East 24th Street

Eastmount, Hamilton

$499,900

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

Attention 1st Time Buyers & Investors! Prime Mountain Location with Impressive Walking Score, Steps to Escarpment! Spacious 3 Bedrooms + Den Home. Covered Front Porch. Large Eat in Kitchen with Stainless Steel Appliances, Loads of Cabinets, Double Sink & Built in Dishwasher. Open Concept Living/Dining Room. Updated 4 Piece Bathroom with Soaker Tub & Separate Walk in Shower. Main Floor Laundry. Sliding Patio Door Walk Out to Fully Fenced in Private Backyard with Covered Deck & Shed. Concrete Driveway. Pot Lights. 100 AMP Breakers. All Copper & Plastic Plumbing, 3/4 Inch Water Line, Sewer Lateral Installed 2022. Gas Furnace & Central Air Installed 2019, Will Be Paid Out on Closing. Minutes to Juravinski Hospital & Vibrant Concession Street Shopping District Booming with Restaurants, Cafes & Festivals. Stroll Along the Nearby Trails or Cardio through the Escarpment Stairs. Highly Accessible Bus Routes! Minutes to Schools, Parks, Highway Access & More! Room Sizes Approximate & Irregular.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style1 1/2 Storey
Approx. Age100+
Size1500-2000 sq. ft.
Property Tax$3,352
Lot Size25 ft x 121 ft
mls© NumberX13832426
Listed ByRE/MAX ESCARPMENT REALTY INC.

Listing History

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  • 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%
$2,559
Property tax
$279
Heat allowance
$150
Housing costs
$2,988 / mo

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

Down payment20% · $99,980
25-yr amortization

Income needed

$92,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$99,980

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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