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Listed 4 months ago

40 Stanley Avenue

Kirkendall, Hamilton

$1,549,000

Detached|2 1/2 Storey
5 | 4 | 1
About this home

Welcome to this exceptional 2.5-storey family home, ideally located in the heart of sought-after Kirkendall. Offering 5 bedrooms, 3 bathrooms, and a rare two-storey laneway building, this property blends timeless character with modern functionality and endless versatility. The laneway building presents outstanding potential as a home office, in-law suite, guest retreat, art studio, fitness space, additional lifestyle area or income generating space. The main residence is warm, inviting, and thoughtfully updated while preserving its original charm. A cozy front porch welcomes you inside, where spacious principal rooms and family-friendly living spaces await. The third-floor primary retreat is a true sanctuary, complete with wall-to-wall cabinetry and a spa-inspired five-piece ensuite. A flexible fourth bedroom on the second level is ideal as a den, nursery, or work-from-home office. The practical mudroom offers abundant storage, custom shelving, and convenient access to the professionally landscaped backyard. The impressive laneway building, built in 2020, is fully self-sufficient with 200-amp service, on-demand hot water, and gas heating. The main level provides a stylish kitchen area and garage parking for one vehicle, while the bright upper level features a stylish three-piece bath and is currently enjoyed as an entertainment lounge and office space. Outside, the private backyard has been landscaped with unique privacy screenings, a PVC deck and BBQ patio, with room to expand further with a pergola, playground or additional outdoor structures. Set in one of Hamilton's most desirable neighbourhoods, just steps to the shops and restaurants of Locke Street, HAAA grounds and park, recreation centre, tennis courts, scenic escarpment trails, excellent schools, transit, and two GO stations. A rare opportunity to own a truly special family home in an unbeatable location.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2 1/2 Storey
Approx. Age100+
Size2000-2500 sq. ft.
Property Tax$8,114
Lot Size30.06 ft x 126.25 ft
mls© NumberX13059816
Listed ByPSR

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%
$7,928
Property tax
$676
Heat allowance
$150
Housing costs
$8,755 / mo

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

Down payment20% · $309,800
25-yr amortization

Income needed

$269,000

gross annual household income

Payment at 4%
$6,518 / mo
Cash down
$309,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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