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Listed 2 months ago

77 Gertrude Street

Industrial Sector, Hamilton

$299,000

Detached|2-Storey
3 | 1 | 2
About this home

Priced to sell! Great opportunity to get into the Hamilton market on Gertrude St. This detached 3-bedroom, 1-bath home offers a functional layout, a rare detached garage, and a full unfinished basement with great ceiling height for future development. Excellent location minutes from the QEW/Burlington St corridor and the Centre on Barton. Property is sold tenant-occupied with ongoing LTB disclosures. Perfect setup for a buyer looking to build quick equity. Furnance installed in 2024, Roof done in 2013

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$1,775
Lot Size25 ft x 96 ft
mls© NumberX13476484
Listed ByCENTURY 21 GREEN 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%
$1,530
Property tax
$148
Heat allowance
$150
Housing costs
$1,828 / mo

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

Down payment20% · $59,800
25-yr amortization

Income needed

$56,000

gross annual household income

Payment at 4%
$1,258 / mo
Cash down
$59,800

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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