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Listed 2 months ago

2 Rideau Crescent

Lisgar, Hamilton

$659,000

Detached|Backsplit 3
3 | 2 | 7
About this home

Welcome to 2 Rideau Crescent, a charming three-level backsplit situated on a generous corner lot in Hamilton's desirable Lisgar community. This well-maintained home offers 3+3 bedrooms, two full Renovated bathrooms, a bright and inviting main living area, and a spacious kitchen ideal for everyday living. The lower level features a cozy family room, three additional bedrooms, and a separate entrance, providing excellent in-law or investment potential. Outside, enjoy the convenience of a detached single-car garage, parking for up to six vehicles, and a large private yard. Ideally located just steps from Lisgar Park, schools, shopping, and transit, this home offers both comfort and convenience. Whether you're a growing family or an investor. 2 Rideau Crescent presents an outstanding opportunity. Notable upgrades include a newer furnace, select updated windows, and a tankless water heater. Don't miss this gem on the Hamilton Mountain!

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBacksplit 3
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,490
Lot Size40 ft x 101.78 ft
mls© NumberX13473750
Listed ByROYAL LEPAGE CERTIFIED 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%
$3,373
Property tax
$374
Heat allowance
$150
Housing costs
$3,897 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $131,800
25-yr amortization

Income needed

$120,000

gross annual household income

Payment at 4%
$2,773 / mo
Cash down
$131,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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