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Listed 3 months ago

99 Leeming Street

Landsdale, Hamilton

$499,999

Detached|2-Storey
4 | 2 | 1
About this home

Welcome to 99 Leeming Street, a versatile 2 1/2-storey home offering excellent potential for investors, multi-generational living, or buyers looking to live in one unit and rent the other. The upper unit features 3 bedrooms and 1 bathroom, while the main floor unit offers a1-bedroom layout, creating strong flexibility for rental income or extended family use. 2 Separate Hydro Metres. The property also includes private parking and a fully fenced backyard, adding valuable outdoor space in the city. Located in a central Hamilton neighbourhood, this property is well positioned for both owners and tenants who want convenience and accessibility. Enjoy being close to Hamilton General Hospital, St. Joseph's Healthcare Hamilton, downtown Hamilton, public transit, major commuter routes, and everyday amenities. Tim Hortons Field is nearby, making this a great location for Hamilton Tiger-Cats fans, event-goers, and those who enjoy being close to local energy and entertainment. The area also offers easy access to coffee shops, restaurants, grocery options, schools, parks, shopping centres, and major retailers. Popular Hamilton destinations such as Gage Park, Ottawa Street shopping district, James Street North, Bayfront Park, the waterfront, Dundurn Castle, and the city's many trails and waterfalls are all part of what makes this location so attractive. Costco, Starbucks, Tim Hortons, Walmart, shopping plazas, and larger retail hubs are also within convenient driving distance, adding to the everyday practicality buyers are looking for. With its flexible two-unit layout, income potential, private parking, fenced yard, and proximity to hospitals, transit, stadium events, shopping, restaurants, and major Hamilton attractions, this house offers a strong opportunity in a convenient and evolving part of the city.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$2,482
Lot Size25 ft x 87 ft
mls© NumberX13127952
Listed ByRE/MAX EXPERTS

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%
$2,559
Property tax
$207
Heat allowance
$150
Housing costs
$2,916 / mo

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

Down payment20% · $100,000
25-yr amortization

Income needed

$90,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$100,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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