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Listed 4 months ago

413 Paling Avenue

Homeside, Hamilton

$479,000

Detached|Bungalow
2 | 2 | 0
About this home

Extensive upgrades include two brand-new kitchens, two modern bathrooms, new flooringthroughout, LED pot lights, updated trim and interior doors, new drywall, electrical andplumbing systems, and all new lighting and fixtures. Upon entry, you are welcomed into abright, open-concept living space that flows seamlessly into the main kitchen, showcasingcustom cabinetry, quartz countertops, backsplash, an undermount sink, and new stainless steelappliances. The main level also includes an updated four-piece bathroom and two comfortablebedrooms. The fully finished lower level is ideal for multi-generational living featuring aspacious eat-in kitchen, a comfortable living area, an additional bedroom, and a modern threepiece bathroom-making this a highly versatile and functional space. Fully finished basementwith separate entrance and additional kitchen. Property is currently being used as a singlefamily dwelling. The basement is not represented as a legal second unit. Buyer to verify alluses, permits, and compliance with the municipality.

Extras

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,407
Lot Size25.05 ft x 95.15 ft
mls© NumberX13059784
Listed ByRE/MAX WEST 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%
$2,452
Property tax
$284
Heat allowance
$150
Housing costs
$2,886 / mo

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

Down payment20% · $95,800
25-yr amortization

Income needed

$89,000

gross annual household income

Payment at 4%
$2,016 / mo
Cash down
$95,800

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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