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Listed 3 months ago

27 Edinburgh Avenue

Crown Point, Hamilton

$395,000

Detached|Bungalow
2 | 1 | 0
About this home

Welcome to 27 Edinburgh Avenue - a solid opportunity in Hamilton's Crown Point neighbourhood for first-time buyers, downsizers, or investors looking for an affordable freehold option. This detached bungalow sits on a 25 x 100 ft lot and offers a functional, easy-to-manage layout with 2 bedrooms and 1 full bathroom, all on one level. With approximately 663 sq ft above grade, the home is compact but efficient, making it a practical choice for those looking to simplify or enter the market. Located just off Ottawa Street North, you're within walking distance to parks, schools, transit, and everyday amenities. Transit access is particularly strong, with a bus stop just steps away, making it easy to get around the city without a car. The neighbourhood offers a growing mix of local shops, restaurants, and community amenities, with several parks and recreation options nearby - a solid balance of convenience and livability. Whether you're looking to get into the market, downsize into something manageable, or add to your investment portfolio, this is a straightforward property with real upside in an established area.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age100+
Size< 700 sq. ft.
Property Tax$2,171
Lot Size25 ft x 100 ft
mls© NumberX13158238
Listed ByRE/MAX ESCARPMENT 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%
$2,022
Property tax
$181
Heat allowance
$150
Housing costs
$2,353 / mo

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

Down payment20% · $79,000
25-yr amortization

Income needed

$72,000

gross annual household income

Payment at 4%
$1,662 / mo
Cash down
$79,000

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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