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Listed 2 months ago

86 Mars Avenue

Industrial Sector, Hamilton

$524,900

Detached|2-Storey
3 | 2 | 0
About this home

Welcome to 86 Mars Avenue, Hamilton. Situated in Hamilton's Keith/Industrial Sector (North End), this home is conveniently located just north of Barton Street and minutes from downtown. Recent updates include fresh paint, new flooring throughout, a renovated kitchen, and a new 4-piece bathroom on the main level. The main floor offers a separate living room and dining room with high ceilings, plus a den/home office off the kitchen. Upstairs, you'll find three spacious bedrooms and a 4-piece bathroom. A rear door off the kitchen leads to a fully fenced backyard. The backyard can be access by car via the alley.

Extras

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$2,554
Lot Size25 ft x 100 ft
mls© NumberX13435890
Listed ByCENTURY 21 MILLER REAL ESTATE LTD.

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%
$2,687
Property tax
$213
Heat allowance
$150
Housing costs
$3,049 / mo

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

Down payment20% · $104,980
25-yr amortization

Income needed

$94,000

gross annual household income

Payment at 4%
$2,209 / mo
Cash down
$104,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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