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Listed 2 months ago

930 West 5th Street

Gourley, Hamilton

$759,900

Detached|Bungalow
3 | 2 | 6
About this home

Totally Renovated Bungalow with in-law setup with separate entrance. Featuring 3+2 Bdrms, 2 fully updated baths on a 55 x 150 ft lot, endless potential opportunities for expansion. Newer Kitchen with quartz and backsplash. Dinette with access to covered deck. Living room with gas fireplace plenty of windows bringing loads of natural light. Four season sunroom with picturesque view of park like setting backyard. Fully Finished basement with newer kitchen. Enclosed private yard with detached 1.5 garage and shed. Parking for 5 cars. Updates include: Roof/2021, Furnace/2016, a/c/2017, HWT/2019, Electrical/2016, plumbing and sewage backflow/2018, Close to shopping, parks, schools, public transit and easy access to LINC & 403. RSA

Extras

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$5,435
Lot Size55 ft x 150 ft
mls© NumberX13438448
Listed ByRE/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%
$3,890
Property tax
$453
Heat allowance
$150
Housing costs
$4,492 / mo

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

Down payment20% · $151,980
25-yr amortization

Income needed

$138,000

gross annual household income

Payment at 4%
$3,198 / mo
Cash down
$151,980

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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