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Listed 3 months ago

334 Gage Avenue

Industrial Sector, Hamilton

$379,990

Detached|2-Storey
3 | 2 | 0
About this home

Exciting Investment Opportunity at 334 Gage Ave North, Hamilton! Well maintained detached 2 storey home in Hamilton's popular Crown Point neighborhood. This 3 bedroom home offers a practical layout with a separate dinette, good sized kitchen, and patio doors leading to a fenced rear yard perfect for outdoor dining, pets, or gardening. Convenient main floor laundry adds everyday ease. Basement and ideal for storage. detached living make this property in this price point an excellent opportunity for first-time buyers, downsizers, or investors. Ideally located close to the Barton Street shopping district, local eateries, library, cafes, schools, public transit, and everyday amenities in one of Hamilton's most walkable east-end communities. "Property selling As is".

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,200
Lot Size24.42 ft x 100 ft
mls© NumberX13116602
Listed ByHOMELIFE/MIRACLE REALTY LTD

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%
$1,945
Property tax
$267
Heat allowance
$150
Housing costs
$2,362 / mo

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

Down payment20% · $75,998
25-yr amortization

Income needed

$73,000

gross annual household income

Payment at 4%
$1,599 / mo
Cash down
$75,998

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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