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Listed 7 days ago

111 West Avenue N

Beasley, Hamilton

$379,000

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

An opportunity to get into the Hamilton market at an approachable price point! 111 West Ave N offers a spacious main floor, plenty of potential and some great features that are hard to find at this price. The home is ready for updating, giving a first-time buyer, investor or renovator the chance to make it their own and add value over time. The main level offers generous living space, including an additional area that could make a great sunroom, plus another flexible space with the potential to create a custom pantry and expand the functionality of the kitchen. Outside, there's a shed, parking for three vehicles and a detached 1.5-car garage with hydro, ideal for storage, a workshop or hobby space. Bring your ideas and see what you can create. This is an opportunity worth a look. Kitchen and pantry space photos feature a virtual renovation to showcase design and layout potential. Property is being sold in its current 'as-is' condition."

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$2,007
Lot Size20.63 ft x 121.67 ft
mls© NumberX13835740
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%
$1,940
Property tax
$167
Heat allowance
$150
Housing costs
$2,257 / mo

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

Down payment20% · $75,800
25-yr amortization

Income needed

$69,000

gross annual household income

Payment at 4%
$1,595 / mo
Cash down
$75,800

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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