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Listed 3 months ago

43 West 1st Street

Bonnington, Hamilton

$699,999

Detached|1 1/2 Storey
4 | 2 | 2
About this home

Space, Value & Location - This One Has It All! Welcome to 43 W. 1st Street, Hamilton - a rare and versatile 7-bedroom, 2 full bathroom detached home that is truly move-in ready and packed with potential. Whether you are a growing family looking for room to breathe or a savvy investor seeking strong rental income. The layout is thoughtfully designed with a separate side entrance - ideal for a self-contained in-law suite. The beautifully maintained big backyard offers a private outdoor retreat perfect for families and entertaining. Location is everything, and this home delivers: Steps to Mohawk College, Walking distance to local schools, Close to shopping, restaurants & amenities, Local transit at your doorstep - easy commuting throughout Hamilton. Established, family-friendly neighbourhood This is a move-in ready home with the bones, the space, and the location that buyers and investors are actively searching for.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,400
Lot Size50 ft x 105.75 ft
mls© NumberX13237512
Listed ByRE/MAX REAL ESTATE CENTRE 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%
$3,583
Property tax
$283
Heat allowance
$150
Housing costs
$4,016 / mo

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

Down payment20% · $140,000
25-yr amortization

Income needed

$124,000

gross annual household income

Payment at 4%
$2,946 / mo
Cash down
$140,000

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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