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Price Change$585,000

283 Ivon Avenue W

Normanhurst, Hamilton

$560,000

Detached|2-Storey
3 | 2 | 5
About this home

$$$$ SPENT in FULLY RENOVATING detached two-storey home in a quiet, convenient neighbourhood. The house has been almost completely gutted from inside and re-built. There's a brand-new furnace, heat pump, coil, OWNED TANKLESS water heater. HUM Thermostat, media filter and SMART thermostat. The ceiling THROUGHOUT THE HOUSE has new pot lights installed, the front, back and closet doors are all new. KITCHEN is brand new as well, with quartz counter-top, a beautiful island and awesome decor. The FLOORING is new with new baseboards. STAIRS were town down and new broad steps installed. SMART MIRRORS in both washrooms. Bidet facility installed. Freshly painted inside and out. Backyard and driveway all new and concrete. Fire alarm newly installed. Appliances almost like-new and in good working condition. The roof, which is also flat has NEW SHINGLES installed. New electric FIREPLACE!!! There is a convenient 2 piece washroom on the main level and an enclosed brand-new LAUNDRY ensuring less noise while running. There is ample parking for multiple cars, an additional storage shed and over 450 sq ft garage space, which can be used for storage or as a workplace/workshop! This can be converted into an In-Law suite (if City of Hamilton gives permission), or good for Handyman business. There is a Fridge, Dryer machine as well in the garage. Also potential for connection of electricity, furnace, A/c. Close to park, schools, shopping and Highway access! A house you can MOVE-INTO immediately and call home now!!

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$2,613
Lot Size40 ft x 100 ft
mls© NumberX13092518
Listed ByZOLO REALTY

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%
$2,866
Property tax
$218
Heat allowance
$150
Housing costs
$3,234 / mo

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

Down payment20% · $112,000
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$2,357 / mo
Cash down
$112,000

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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