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Price Change$1,695,000

386 Southcote Road

Meadowlands, Hamilton

$1,389,000

Detached|2-Storey
4 | 3 | 6
About this home

**MOVE-IN READY - Zeina Homes Modified Forestview Model** This beautiful custom home siting on 40 by 124 lot. Features 5 spacious bedrooms plus den and 5 bathrooms, basement with a side entrance, ideal for an in-law suite. The open-concept main floor boasts a welcoming double-door entrance, modern décor, and abundant natural light. The custom kitchen includes a center island, extensive cabinetry, and stylish light fixtures. Sliding doors lead to an oversized concrete porch in the backyard. Additional highlights include an elegant oak staircase, oversized windows, granite/quartz countertops, hardwood floors, a brick-to-roof exterior, and a 2-car garage. Located in a mature Ancaster neighborhood, this home is close to parks, schools, shopping, restaurants, Costco, and more.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNew
Size3000-3500 sq. ft.
Property Tax$7,000
Lot Size40 ft x 124 ft
mls© NumberX12556752
Listed ByRE/MAX ESCARPMENT REALTY INC.

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%
$7,110
Property tax
$583
Heat allowance
$150
Housing costs
$7,843 / mo

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

Down payment20% · $277,800
25-yr amortization

Income needed

$241,000

gross annual household income

Payment at 4%
$5,845 / mo
Cash down
$277,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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