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Listed 2 months ago

125 Cavell Avenue

Crown Point, Hamilton

$449,900

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

Clean and affordable 2 story 3 bedroom family home with living room & dining room combination with updated floors, updated kitchen, 2 full baths, partly finished basement, newer roof shingles (2023), Furnace (2015), A/C (2015), hot water tank (2023). Fully fenced yard, private front parking, garage. Convenient location near shopping & public transit.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$3,384
Lot Size20.67 ft x 115 ft
mls© NumberX13490380
Listed ByRE/MAX ESCARPMENT 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%
$2,303
Property tax
$282
Heat allowance
$150
Housing costs
$2,735 / mo

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

Down payment20% · $89,980
25-yr amortization

Income needed

$84,000

gross annual household income

Payment at 4%
$1,893 / mo
Cash down
$89,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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