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Listed 4 months ago

47 Rita Avenue

Templemead, Hamilton

$748,888

Semi-Detached |Bungalow
3 | 2 | 4
About this home

Welcome to this well-maintained 3+2 bedroom semi-detached home in the highly desirable East Mountain neighbourhood, situated on an extra-deep lot. The main floor features three spacious bedrooms, a bright living room, a functional kitchen with quartz countertops, and convenient main-floor laundry. The fully finished basement offers a separate side entrance, two additional bedrooms, a large family room, an open-concept kitchen, and its own laundry area - providing excellent potential for an in-law suite or extended family living.

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agent
Angela Montano
(647) 283-2643
TypeSemi-Detached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,478
Lot Size32 ft x 117 ft
mls© NumberX13033168
Listed ByRE/MAX MILLENNIUM REAL ESTATE

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%
$3,833
Property tax
$456
Heat allowance
$150
Housing costs
$4,440 / mo

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

Down payment20% · $149,778
25-yr amortization

Income needed

$137,000

gross annual household income

Payment at 4%
$3,151 / mo
Cash down
$149,778

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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