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Rural Stoney Creek, Hamilton
$899,900
Presenting a fantastic opportunity to own a beautifully renovated two-unit home with separate hydro meters, ideal for investors, multi-generational families or first-time buyers seeking to offset their mortgage with rental income. Set on an impressive 400-ft deep lot, this property offers excellent future potential in one of Stoney Creek most desirable neighborhoods. Conveniently located near Eastgate Square, top-rated schools, parks, trails, golf courses and all major amenities, with quick access to the QEW, Red Hill Parkway and the LINC. The bright open-concept main level features large windows, a spacious living area and a modern kitchen with stainless steel appliances and newer flooring, perfect for everyday living and entertaining. This level includes two bedrooms, fully bathroom, and in-suite laundry. The fully self-contained upper-level unit offers two additional bedrooms, a functional kitchen, comfortable living space and a fully bathroom-ideal for tenants or extended family. A partially finished basement adds a generous recreation area with room to customize. The expansive backyard provides exceptional space for outdoor enjoyment or complete privacy, complemented by multiple parking spaces. Extensively updated throughout including newer roof, windows, furnace, A/C, appliances, flooring, kitchens, bathrooms, soffits, eavestroughs, a separate entrance and much more. Offering strong rental appeal and endless possibilities, this is a rare opportunity not to be missed.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,463 |
| Lot Size | 100.21 ft x 400.85 ft |
| mls© Number | X13473398 |
| Listed By | RIGHT AT HOME 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%
- $4,606
- Property tax
- $372
- Heat allowance
- $150
- Housing costs
- $5,128 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$158,000
gross annual household income
- Payment at 4%
- $3,787 / mo
- Cash down
- $179,980
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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