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New6 hours ago

282 Hess Street S

Durand, Hamilton

$1,099,000

Detached|2 1/2 Storey
2 | 4 | 3
About this home

This circa 1912 Victorian triplex is the kind of property that makes you stop scrolling! Set in one of Durand's most sought-after locations, it combines timeless character, smart updates, exceptional living spaces and an outstanding tenant setup.The main-level 1-bedroom suite features tall ceilings, preserved character, hardwood floors, a stylish kitchen and walkout to the rear patio. Unit 2 is truly exceptional-a two-level suite with exposed brick, wood floors, soaring ceilings, huge character windows and a striking staircase. The open-concept main level offers a stunning eat-in kitchen with peninsula, spacious living/dining areas, 2-piece bath, in-suite laundry and room for a home office overlooking the trees. Upstairs, the impressive primary retreat features a spa-like bath with skylight, large walk-in closet with built-ins and walkout to a private deck-your own perch among the trees.The lower-level bachelor suite offers a private entrance, open-concept living/dining area, Euro kitchen, separate bedroom and 3-piece bath. Common laundry adds convenience.Three distinctive suites, excellent parking, lovely outdoor space and A+ tenants. Just a short stroll to GO, AGH, shopping, parks and all that Durand has to offer. A rare investment opportunity with character, income and location in one standout package. Seize this turnkey investment opportunity!

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2 1/2 Storey
Approx. Age100+
Size2000-2500 sq. ft.
Property Tax$6,665
Lot Size30 ft x 82 ft
mls© NumberX13862386
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%
$5,625
Property tax
$555
Heat allowance
$150
Housing costs
$6,331 / mo

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

Down payment20% · $219,800
25-yr amortization

Income needed

$195,000

gross annual household income

Payment at 4%
$4,625 / mo
Cash down
$219,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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