1177 King Street W
Westdale, Hamilton
$789,900
Prime West Hamilton investment opportunity just a two-minute walk to McMaster University.This spacious rental favourite offers 6 bedrooms and 2 full bathrooms, making it ideal for investors or families seeking income potential. The home has undergone major renovations since 2022, including new 9mm vinyl flooring, new vinyl stairs, a fully updated kitchen with new cabinetry and countertops, a renovated basement bathroom with new vanity, an owned hot water tank installed in 2022, and a new dryer added in 2023. Additional updates include a newer furnace, newer windows, and a roof replaced in fall 2021. Conveniently located near transit, shopping, restaurants, parks, and all amenities.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $6,899 |
| Lot Size | 30 ft x 110 ft |
| mls© Number | X13438526 |
| Listed By | KING 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%
- $4,043
- Property tax
- $575
- Heat allowance
- $150
- Housing costs
- $4,768 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$147,000
gross annual household income
- Payment at 4%
- $3,324 / mo
- Cash down
- $157,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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