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Listed 2 months ago

87 Mayland Trail

Stoney Creek Mountain, Hamilton

$649,999

Freehold Townhouse|3-Storey
3 | 3 | 2
About this home

Welcome to 87 Mayland Trail Sun filled townhouse offers 3 bedrooms and 2.5 bathrooms in the desirable Penny Lane neighborhood. The main floor includes a versatile recreation room with access to a fully fenced backyard and direct entry to the garage. On the second floor, you will find a fully renovated modern kitchen with a breakfast bar with quartz countertops, a spacious living area with hardwood floors, a powder room, and a dining area with a walk-out deck, perfect for hosting guests. Each bedroom provides privacy and comfort, with the primary bedroom featuring a large closet, big windows facing south, and a 4-piece ensuite bathroom. Fully fenced backyard, ideal for outdoor relaxation. Laundry facilities are conveniently located on the third floor. This home is close to amenities such as schools, parks, the scenic Albion Falls, restaurants, big box stores, and major roads including HWY20, Red Hill Parkway, QEW, and Lincoln Alexander Parkway.

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agent
Angela Montano
(647) 283-2643
TypeAtt/Row/Townhouse
Style3-Storey
Approx. Age6-15
Size1500-2000 sq. ft.
Property Tax$3,904
Lot Size18.04 ft x 82.89 ft
mls© NumberX13508330
Listed ByRIGHT 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%
$3,327
Property tax
$325
Heat allowance
$150
Housing costs
$3,802 / mo

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

Down payment20% · $130,000
25-yr amortization

Income needed

$117,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$130,000

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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