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Listed 3 months ago

33 Alderney Avenue

Hill Park, Hamilton

$749,999

Detached|Bungalow
3 | 2 | 4
About this home

**For Sale: Charming Home at 33 Alderney Ave, Hamilton** Discover the perfect blend of comfort and convenience with this well-maintained property located at 33 Alderney Ave. This delightful home boasts several recent upgrades and an excellent location. **Key Features:** - **Updated Main Floor:** Renovated kitchen and washroom in 2022. - **New Shed:** Added in 2022, providing additional storage space. -**Rental Income:** The finished main floor is rented, basement is currently vacant - **Prime Location:** Close to Mohawk College, major highways, and a nearby plaza for all your shopping needs. Tax and measurements are approximate. This property offers a great opportunity for both investors and those looking for a family home with added rental income. Don't miss out on this fantastic chance to own a well-situated home with modern upgrades and a reliable rental arrangement.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,989
Lot Size47 ft x 117 ft
mls© NumberX13221788
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%
$3,839
Property tax
$416
Heat allowance
$150
Housing costs
$4,405 / mo

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

Down payment20% · $150,000
25-yr amortization

Income needed

$136,000

gross annual household income

Payment at 4%
$3,156 / mo
Cash down
$150,000

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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