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Price Change$409,900

34 Edward Street

Stipley, Hamilton

$385,000

Semi-Detached |2-Storey
3 | 1 | 1
About this home

Welcome to 34 Edward Street!This Gibson all brick home is the perfect opportunity for first time buyers to start their home ownership journey. Main floor features a well lit living space, large dedicated dining room and kitchen with access to back deck and yard. Upstairs you'll find 3 bedrooms, renovated 4-piece bath and linen closet. The basement has laundry and tons of storage space. 34 Edward Street offers parking for 1 car, covered front porch, large back deck with pergola and yard space to exercise your green thumb. Located in the Gibson neighbourhood this home is very walkable with proximity to transit routes, Tim Horton's Field, shopping, dining, parks and schools. Updates include rewiring (2020), pest prevention from Skedaddle (2023), paint, most light fixtures, furnace (2017), bathroom reno (2023).

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agent
Angela Montano
(647) 283-2643
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$2,403
Lot Size17 ft x 100 ft
mls© NumberX13419618
Listed ByROYAL LEPAGE STATE REALTY

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%
$1,971
Property tax
$200
Heat allowance
$150
Housing costs
$2,321 / mo

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

Down payment20% · $77,000
25-yr amortization

Income needed

$71,000

gross annual household income

Payment at 4%
$1,620 / mo
Cash down
$77,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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