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28 Munn Street

Raleigh, Hamilton

$499,900

Detached|Bungalow
2 | 1 | 2
About this home

Love the idea of a condo but hate the idea of sharing walls? Welcome to this charming detached bungalow in a convenient Mountain location close to parks, transit, trails, hospital, mountain access, shopping and everyday amenities. The bright main level offers a comfortable living room, eat-in kitchen, two bedrooms and a full bath and main floor laundry for easy one-level living. This home comes with an incredible opportunity, having a bonus full sized attic that could be converted into additional living space. Outside you'll find a full sized detached garage, front drive parking and a manageable yard perfect for low-maintenance living. Ideal for first-time buyers, downsizers or investors looking for an affordable freehold opportunity in a well-established neighbourhood.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,544
Lot Size36 ft x 100 ft
mls© NumberX13038640
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%
$2,559
Property tax
$295
Heat allowance
$150
Housing costs
$3,004 / mo

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

Down payment20% · $99,980
25-yr amortization

Income needed

$92,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$99,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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