Listed 6 months ago
59-61 Ann Street
Dundas, Hamilton
$1,999,000
Detached|2-Storey
5 | 2 | 2
About this home
Attention developers, investors and builders! 3+ acre lands! in quiet Dundas! Existing house was extensively renovated. Walk up basement with separate entry. Severance was conditionally approved before (expired). Property being sold AS IS. Buyer and/or Buyer's Agent to do their Due Diligence.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 51-99 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $8,883 |
| Lot Size | 118.32 ft x 540.5 ft |
| mls© Number | X12768384 |
| Listed By | BAY STREET GROUP 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%
- $10,232
- Property tax
- $740
- Heat allowance
- $150
- Housing costs
- $11,122 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $399,800
25-yr amortization
Income needed
$342,000
gross annual household income
- Payment at 4%
- $8,412 / mo
- Cash down
- $399,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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