



115 King Street E
Stoney Creek, Hamilton
$505,000
Excellent opportunity in prime Olde Stoney Creek location, steps to schools, shopping and transit! The huge 56 X 197 foot lot is perfect to build your dream home. The existing house itself is in a state of neglect and disrepair and requires significant renovation and restoration. Ideal for a contractor or handyman/first-time buyer with the resources to bring it back to life. Current improvements include a steel roof, furnace, and central air (2018). The rear yard itself, while overgrown, boasts numerous fruit trees and shrubs (apple, plum, cherry, pear) and berry bushes. Due to the current condition of the property, it is not safe to walk through the house and the property is being sold "As-Is, Where-Is) with no representations or warranties regarding its condition or potential uses.
No extras listed.
Visit this home
Pick a time that works for you.
No upcoming open houses.
| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 51-99 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,083 |
| Lot Size | 56.1 ft x 197.2 ft |
| mls© Number | X13027680 |
| Listed By | RE/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%
- $2,585
- Property tax
- $424
- Heat allowance
- $150
- Housing costs
- $3,158 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$97,000
gross annual household income
- Payment at 4%
- $2,125 / mo
- Cash down
- $101,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
Nearby listings
Comparable sales
- No similar listings found.







































































































































































































































































































































































































































































































































































































































































































































































































































