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Listed 5 months ago

118 JULIAN Avenue

Normanhurst, Hamilton

$565,000

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

Welcome to this well-maintained 1.5-storey detached home located in Hamilton's desirable Normanhurst neighbourhood. Featuring 3 spacious bedrooms and 2 full bathrooms, this property is perfect for families, first-time buyers, or investors seeking flexibility and potential. Inside, you'll find a bright and functional layout with generous living space. The finished basement includes a separate entrance, offering ideal in-law suite potential or future rental income. The fully fenced backyard provides a private outdoor retreat, and the double driveway ensures convenient off-street parking. Bonus: The property also offers possible access to a rear alleyway (not maintained by the City of Hamilton), adding additional versatility and potential for future use. Situated in a family-friendly area close to parks, schools, shopping, and public transit, this home offers both comfort and opportunity in a well-connected location. Don't miss your chance to own this versatile home in a growing neighbourhood!

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,548
Lot Size30.06 ft x 100.24 ft
mls© NumberX12936066
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%
$2,892
Property tax
$296
Heat allowance
$150
Housing costs
$3,338 / mo

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

Down payment20% · $113,000
25-yr amortization

Income needed

$103,000

gross annual household income

Payment at 4%
$2,378 / mo
Cash down
$113,000

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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