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Listed 3 months ago

32 Mountwood Avenue

Corktown, Hamilton

$1,135,900

Detached|2-Storey
4 | 3 | 6
About this home

Prime Durand Neighbourhood With Exceptional Proximity to St.Joseph's Healthcare Hospital. Spacious 2 Storey, 4 Bedrooms, 2.5 Bathroom Home Featuring Hardwood and Ceramics Throughout, Main Floor Laundry. Inside Entry from 2 Car Garage, and Parking for 4 Vehicles on the Front Driveway. Seperate Side Entrance Offers Excellent Potential For An In-Law Suite or Future Basement Dwelling. Waterline Main Upgraded From 3/4" to 1", Providing Sufficient Capacity for an Additional Basement Dwelling. City Approved Bsaement Dwelling Construction Plans With Walk-Out Feature Available for the Property. Roof Replaced in October 2024 with 15-year Warranty. In 2025, The City Upgraded The Sewage System, Road, and Walkway in the Area. Ideally Situated at the Base of the Escarpment, Within Walking Distance to Hamilton GO Station (Direct Connectivity to Union Station , Toronto), St. Joseph's Healthcare Hospital, Keddy Access Trail, and Public Transit. Just 2 Minutes To Downtown Hamilton, 5 Minutes to Mohawk College, and 10 Minutes to Mcmaster University, with Quick Highway Access Nearby.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age16-30
Size2000-2500 sq. ft.
Property Tax$7,793
Lot Size36 ft x 117.92 ft
mls© NumberX13218458
Listed ByROYAL STAR 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%
$5,814
Property tax
$649
Heat allowance
$150
Housing costs
$6,613 / mo

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

Down payment20% · $227,180
25-yr amortization

Income needed

$203,000

gross annual household income

Payment at 4%
$4,780 / mo
Cash down
$227,180

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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