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Listed 6 months ago

53 Glover Road

Hannon, Hamilton

$969,900

Detached|Sidesplit 5
3 | 2 | 8
About this home

53 Glover Road - European-Inspired Design with In-Law Suite Potential Welcome to 53 Glover Road - a Solid, Meticulously maintained, European-influenced build offering timeless character, functional space, and exceptional multi-generational potential. Situated on an oversized 75 x 200 ft lot bordering the city line, this property offers rare outdoor space and future upside in a highly convenient location. This well-maintained home 5 level side split features 3+1 bedrooms, with additional space in the lower level that could accommodate more bedrooms if desired, offering excellent flexibility for growing families or investors. The main level showcases generous principal rooms, large windows, and a spacious kitchen footprint ready for your personal touch. With strong bones and a traditional layout, this property presents a fantastic opportunity to modernize and add value while preserving its original charm. A standout feature is the separate entrance from the garage to the basement, creating ideal conditions for extended family living or income potential. The lower level offers the layout to support a possible 2-bedroom in-law suite. Set on a generous lot with ample parking and an attached garage, and conveniently located close to schools, parks, shopping, transit, and highway access. Ideal for multi-generational families, renovators, or savvy investors looking to unlock future value - don't miss this opportunity.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleSidesplit 5
Approx. Age31-50
Size2000-2500 sq. ft.
Property Tax$6,659
Lot Size75.19 ft x 200.43 ft
mls© NumberX12858538
Listed ByRE/MAX REAL ESTATE CENTRE 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%
$4,964
Property tax
$555
Heat allowance
$150
Housing costs
$5,669 / mo

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

Down payment20% · $193,980
25-yr amortization

Income needed

$174,000

gross annual household income

Payment at 4%
$4,081 / mo
Cash down
$193,980

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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