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Listed 3 months ago

75 Hanover Place

Vincent, Hamilton

$799,900

Detached|Bungalow-Raised
3 | 2 | 4
About this home

3+2-bedroom, 2 full bathrooms, raised ranch with no rear neighbours! Separate entrance for the lower level- in-law suite potential! Great opportunity and backing on to conservation! Previously attached garage converted to more bedrooms but easily convert back. Easy access to the Lincoln M Alexander Parkway and The Redhill Valley. Minutes to shopping, schools & parks!

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow-Raised
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,591
Lot Size50 ft x 100 ft
mls© NumberX13146686
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%
$4,094
Property tax
$383
Heat allowance
$150
Housing costs
$4,627 / mo

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

Down payment20% · $159,980
25-yr amortization

Income needed

$142,000

gross annual household income

Payment at 4%
$3,366 / mo
Cash down
$159,980

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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