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New4 days ago

340 Barton Street

Stoney Creek, Hamilton

$399,900

Detached|Bungalow
2 | 1 | 3
About this home

A property with history, character and an opportunity to create something new. Set on a 40x100ft lot in an established Stoney Creek neighbourhood, this long-time family home is ready to begin its next chapter and presents an exciting opportunity for builders, contractors, renovators and those looking to bring their own vision to life. The existing home now requires significant updating, making this a property best suited to buyers who can see beyond what is here today and recognize the potential of the land, location and surrounding community. Whether your plans include an extensive renovation, reimagining the existing home or exploring the possibilities of a custom new build, this is an opportunity to start with a property offering plenty of room for creativity. The spacious lot provides an attractive canvas for those looking to design a home tailored to today's lifestyle, while the mature surroundings and established streetscape add something that is increasingly difficult to replicate in newer developments. Conveniently located in Stoney Creek with easy access to everyday amenities, schools, parks, shopping and major transportation routes, the location adds another layer of long-term appeal. For the right buyer, this property isn't about what it is today-it's about what it could become tomorrow. Bring your contractor, your plans and your imagination and explore the possibilities of creating the next chapter on this established Stoney Creek property. Property being sold in its current condition.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. Age51-99
Size< 700 sq. ft.
Property Tax$3,026
Lot Size40.02 ft x 100.2 ft
mls© NumberX13852806
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%
$2,047
Property tax
$252
Heat allowance
$150
Housing costs
$2,449 / mo

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

Down payment20% · $79,980
25-yr amortization

Income needed

$75,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$79,980

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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