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Listed 3 months ago

2 Reid Avenue N

McQuesten, Hamilton

$559,900

Freehold Townhouse|3-Storey
3 | 3 | 2
About this home

REE HOLD TOWNHOUSE- Welcome to 2 Reid ave north, located in a thoughtfully designed master-planned community- Roxboro, beside the Red Hill Valley Parkway. Enjoy seamless access to the GTA, while being surrounded by scenic walking trails, nature paths, and tons of nearby parks. Residents also benefit from close proximity to groceries, shopping, entertainment, schools, and local universities and colleges. This one-year-old, completely freehold end-unit townhome features open, flowing spaces ideal for entertaining, along with a versatile flex room on the main floor that offers added privacy from the second-floor living area. With 3 spacious bedrooms and 2.5 bathrooms, this home includes a single-car garage with a private driveway, a primary ensuite, and a private patio for outdoor enjoyment. **BONUS: This is one of only a few homes in this community that do not have ANY monthly fees**

Extras

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agent
Angela Montano
(647) 283-2643
TypeAtt/Row/Townhouse
Style3-Storey
Approx. Age0-5
Size1100-1500 sq. ft.
Property Tax$3,749
Lot Size19.77 ft x 89.4 ft
mls© NumberX13152988
Listed ByHOMELIFE LANDMARK REALTY INC.

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%
$2,866
Property tax
$312
Heat allowance
$150
Housing costs
$3,328 / mo

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

Down payment20% · $111,980
25-yr amortization

Income needed

$102,000

gross annual household income

Payment at 4%
$2,356 / mo
Cash down
$111,980

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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