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Listed 3 months ago

50 Broadway Avenue

Ainslie Wood, Hamilton

$1,359,900

Detached|2-Storey
6 | 6 | 3
About this home

Beautifully Renovated 2-Storey Home in Prime West Hamilton! This spacious property offers 8 bedrooms and 6 bathrooms, featuring a full kitchen on the main level and a convenient kitchenette in the basement-perfect for extended family, guests, or rental potential. Extensively renovated between 2020 to 2021, this home truly shows A++. Enjoy ample parking and an unbeatable location-just steps from McMaster University and a short walk or bike ride to downtown Westdale, where you'll find trendy restaurants, cozy coffee shops, grocery stores, and the scenic Cootes Paradise hiking trails.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$7,000
Lot Size40 ft x 130 ft
mls© NumberX13113828
Listed ByRE/MAX ESCARPMENT FRANK 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%
$6,961
Property tax
$583
Heat allowance
$150
Housing costs
$7,694 / mo

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

Down payment20% · $271,980
25-yr amortization

Income needed

$237,000

gross annual household income

Payment at 4%
$5,723 / mo
Cash down
$271,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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