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Hill Park, Hamilton
$749,999
**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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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,989 |
| Lot Size | 47 ft x 117 ft |
| mls© Number | X13221788 |
| Listed By | RE/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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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