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Listed 5 months ago

4 LOCKMAN Drive

Meadowlands, Hamilton

$1,799,900

Detached|2-Storey
4 | 5 | 6
About this home

A place for new beginnings in the beautiful Meadowlands. Located in the heart of Ancaster, this immaculate 2 storey custom built home is - situated on an corner lot and features a resort-style backyard with an in-ground salt water pool with waterfall, a massive concrete patio for entertaining, and your own personal theatre room. With upgrades galore, this one of a kind home boasts 4 large bedrooms, 5 bathrooms, upgraded chefs custom kitchen in the main house. This home even has a full 1 bedroom 1 bathroom rental apartment with its own entry, great for rental income or perfect for an in-law suite. This great location is within walking distance to shops, restaurants and a close drive to all major highways. This stunning estate can be yours!

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age0-5
Size3000-3500 sq. ft.
Property Tax$10,496
Lot Size65 ft x 100.21 ft
mls© NumberX12924790
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%
$9,213
Property tax
$875
Heat allowance
$150
Housing costs
$10,237 / mo

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

Down payment20% · $359,980
25-yr amortization

Income needed

$315,000

gross annual household income

Payment at 4%
$7,574 / mo
Cash down
$359,980

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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