128 Hadeland Avenue
Fessenden, Hamilton
$749,000
Rare find on the highly desirable West Hamilton Mountain! This massive 4-level backsplit features 7 bedrooms, 2 bathrooms, and 2 full kitchens configured as 2 self-contained units. Main floor unit: 3 bedrooms generating $2,650/mo. Lower level unit: 4 bedrooms generating $2,670/mo. Combined income: $5,320/mo. Perfect for the owner-occupier looking to offset their mortgage, or the investor ready to start collecting rent day one. Properties like this don't last - act fast!
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| Type | Detached |
| Style | Backsplit 4 |
| Approx. Age | 31-50 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,242 |
| Lot Size | 47.25 ft x 100 ft |
| mls© Number | X13440656 |
| Listed By | EXP 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%
- $3,834
- Property tax
- $437
- Heat allowance
- $150
- Housing costs
- $4,421 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$136,000
gross annual household income
- Payment at 4%
- $3,152 / mo
- Cash down
- $149,800
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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