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Listed 4 months ago

55 Magdalena Street

Stoney Creek Mountain, Hamilton

$1,099,900

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

Welcome to this stunning, nearly new detached home located in one of Stoney Creek Mountain's most sought-after, family-friendly communities. Surrounded by lush greenery, this home offers the perfect blend of modern design and everyday comfort.Featuring a bright, open-concept layout, the main level boasts a spacious living area ideal for entertaining, along with a versatile office/Bedroom-perfect for working from home or use it for an elderly parent. Elegant hardwood stairs with upgraded railings add a touch of sophistication.Upstairs, you'll find generously sized bedrooms, including a large primary suite complete with a private ensuite and walk-in closet. Enjoy the convenience of a second-floor laundry room designed for modern living.The home also offers a double-wide driveway and a double-car garage, providing ample parking space. The unfinished basement is a blank canvas, ready for your personal touch and future expansion.With excellent flow, thoughtful layout, and impeccable upkeep, fully fenced backyard and no side walk, this home shows A+++ and is move-in ready.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age0-5
Size2000-2500 sq. ft.
Property Tax$6,736
Lot Size0 ft x 100 ft
mls© NumberX12971164
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%
$5,630
Property tax
$561
Heat allowance
$150
Housing costs
$6,341 / mo

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

Down payment20% · $219,980
25-yr amortization

Income needed

$195,000

gross annual household income

Payment at 4%
$4,629 / mo
Cash down
$219,980

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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