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Ainslie Wood, Hamilton
$649,900
Great opportunity on quiet West Hamilton, family friendly street with green space at back extending this lovely property. Same owner for nearly 50 yrs. Includes a long driveway with separate garage that adds convenience or an abundance of storage space. Offering 4 bedrms, 2 bathrms + inviting sunroom to take in the serene yard. This flexible layout is ideal for both families or investors. Main lvl includes 2 well proportioned bedrms, bright living space & a full bathrm. Upper lvl has 2 additional bedrms. Lower lvl could be altered to have further potential income or good extended living space which includes the second bathroom. Updates include furnace & A/C ('23), windows ('06). Whether you are looking to move in or capitalize on a high-demand location close to McMaster, Hospital, transit, parks & amenities, this home offers outstanding versatility & value.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,448 |
| Lot Size | 45 ft x 126.18 ft |
| mls© Number | X13152516 |
| Listed By | ROYAL LEPAGE STATE 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%
- $3,326
- Property tax
- $454
- Heat allowance
- $150
- Housing costs
- $3,930 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$121,000
gross annual household income
- Payment at 4%
- $2,735 / mo
- Cash down
- $129,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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