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Gershome, Hamilton
$849,000
Welcome to 15 Ellen Ave. This spacious 5-level backsplit offers exceptional versatility and room for the whole family. Featuring 4 bedrooms and 2 full bathrooms, this well-maintained home presents an excellent opportunity for a potential in-law setup, complete with a separate staircase from the garage providing convenient access to the lower level. Recent updates include the A/C (2017), hardwood flooring in the family room (2017), shingles (2017) and upper bedroom-level windows (2021). Enjoy the convenience of being just a short walk to a nearby park, while also being ideally located close to Eastgate Square, St. Joseph's Healthcare Hamilton, schools, amenities, and offering easy access to major highways for commuters. A fantastic opportunity in a sought-after East Hamilton neighbourhood! RSA. SQFTA.
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| Type | Detached |
| Style | Backsplit 5 |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $7,132 |
| Lot Size | 50.53 ft x 98.43 ft |
| mls© Number | X13470880 |
| Listed By | ROYAL LEPAGE STATE 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%
- $4,346
- Property tax
- $594
- Heat allowance
- $150
- Housing costs
- $5,090 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$157,000
gross annual household income
- Payment at 4%
- $3,573 / mo
- Cash down
- $169,800
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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