
116 Barons Avenue N
Homeside, Hamilton
$415,000
Attention first-time home buyers and investors! This beautifully duplex offers a fantastic opportunity to build equity while enjoying the benefits of homeownership. Live in one unit and rent out the other to offset your mortgage, or add this strong cash-flowing property to your investment portfolio with an income potential of $3,000+ per month. the home features a duplex layout with a separate entrance, and a spacious backyard perfect for relaxing or entertaining. Ideally located in a welcoming neighborhood close to parks, transit, and everyday amenities, you'll enjoy walkable access to groceries, coffee shops, and a nearby gym. Additional updates and making this a move-in-ready opportunity with excellent income potential.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $2,849 |
| Lot Size | 25 ft x 92 ft |
| mls© Number | X13458154 |
| Listed By | CENTURY 21 PROPERTY ZONE 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%
- $2,124
- Property tax
- $237
- Heat allowance
- $150
- Housing costs
- $2,512 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$77,000
gross annual household income
- Payment at 4%
- $1,746 / mo
- Cash down
- $83,000
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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