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Listed 2 months ago

287 Rockledge Drive

Stoney Creek, Hamilton

$1,149,900

Detached|2-Storey
4 | 5 | 4
About this home

A Rare Find from the builder at Summit Park. This Beautiful New Home has a Legal Additional Dwelling Unit in the Lower level with a completely separate entrance. Closed off to the Main Floor to add to your comfort. The lower level unit includes 2 rooms with good sized windows, Lots of Ceiling height, Bright Kitchen with a Huge Pantry, Recreation room, Bathroom and Laundry area with extra storage area.The main Living space offers a Bright, open concept main floor with a huge 24 foot eat-in kitchen open to a 28 foot entertainment room. 2 of the 4 Bedrooms can be principle bedrooms, both large with ensuites and walk-in closets. Enjoy this amazing home located in the award winning Summit Park neighbourhood. Close to so many Amenities. Enjoy.**INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$1,800
Lot Size36 ft x 101.71 ft
mls© NumberX13420726
Listed ByAldo DeSantis Realty Inc., Brokerage

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%
$5,886
Property tax
$150
Heat allowance
$150
Housing costs
$6,186 / mo

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

Down payment20% · $229,980
25-yr amortization

Income needed

$190,000

gross annual household income

Payment at 4%
$4,839 / mo
Cash down
$229,980

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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