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Price Change$564,300

88 - 1115 Paramount Drive

Stoney Creek Mountain, Hamilton

$549,000

Condo Townhouse |
3 | 2 | 2 | 0
About this home

Welcome to this well-maintained 2-storey townhouse with garage and finished basement in desirable upper Stoney Creek. Backing directly onto a park, this home offers rare privacy with no rear neighbours. The main floor features a bright kitchen, living room, and dining area with solid wood flooring, powder room, and patio doors leading to a finished deck with fenced garden. Upstairs offers three spacious bedrooms with ceiling fans and double closets. The updated bathroom has a heat lamp/fan. Finished basement includes a cozy family room and separate laundry room with extra storage as well as storage under the stairs. Fully landscaped front and rear yards, garage with shelving and automatic opener, and paved driveway for additional parking. Back gate access leads directly to a park and playground with safe walking to public and Catholic elementary schools. Updates include new windows, roof, hard wood floors, gas stove, and interior doors. Smoke and pet free. Minutes to the LINC and Red Hill.

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agent
Angela Montano
(647) 283-2643
TypeCondo Townhouse
Style2-Storey
Approx. Age31-50
Size1000-1199 sq. ft.
Maintenance Fees$467
LockerNone
BalconyOpen
ExposureEast
Parking TypeAttached
Parking Spaces2
Parking FeaturesPrivate
Property Tax$3,271
mls© NumberX13478346
Listed ByRoyal LePage Macro Realty, Brokerage
Common Elements Included
Building Insurance Included
Water Included
Parking Included

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%
$2,810
Property tax
$273
Heat allowance
$150
Condo fees, half counted
$234
Housing costs
$3,466 / mo

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

Down payment20% · $109,800
25-yr amortization

Income needed

$107,000

gross annual household income

Payment at 4%
$2,310 / mo
Cash down
$109,800

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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