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New4 days ago

15 East 27th Street

Eastmount, Hamilton

$545,900

Detached|1 1/2 Storey
3 | 2 | 5
About this home

Affordable, updated, and full of potential. Offering 3 bedrooms, 2 full bathrooms, a spacious main floor and an extra-deep lot, this home delivers a lot of value in a fantastic Hamilton location. The main level offers a bright, comfortable layout with a generous living room, separate dining area and refreshed kitchen with white cabinetry. Upstairs, you'll find two good-sized bedrooms and a full bathroom. While the third bedroom and additional full bathroom on the main floor provide flexibility for guests, a home office or growing family needs. Outside, the fenced backyard has plenty of room to enjoy, with a newer deck, shed with hydro, and a five-car driveway. And that extra-deep lot gives you even more outdoor space and future possibilities. The basement is where the opportunity really opens up. With high ceilings and a separate side entrance, there's potential to create additional living space or explore future income potential with some elbow grease and the right vision. Located just steps from Juravinski Hospital and Concession Street amenities, you're close to public transit, schools, parks, shops, restaurants, the Wentworth Stairs and beautiful escarpment views. A move-in-ready home with room to grow, improve and build equity - all at an accessible price point. RSA

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,328
Lot Size40.03 ft x 127.43 ft
mls© NumberX13847536
Listed ByCOLDWELL BANKER COMMUNITY PROFESSIONALS

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%
$2,794
Property tax
$361
Heat allowance
$150
Housing costs
$3,305 / mo

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

Down payment20% · $109,180
25-yr amortization

Income needed

$102,000

gross annual household income

Payment at 4%
$2,297 / mo
Cash down
$109,180

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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