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Listed 2 months ago

118 Birmingham Street

Industrial Sector, Hamilton

$599,000

Detached|2 1/2 Storey
5 | 3 | 2
About this home

Ideal for any homeowner or investor, tastefully updated and well maintained home with 5+1 bed,3 full bath offering approximately 2307 sqft of versatile living space, blending timeless character with modern convenience. Totally updated in 2018 with permits, updated windows that enhance natural light. The main level features an office perfect for work from home requirement or an extra bedroom. Abundance of natural light, enhanced by stylish pot lights that create a warm, modern ambience. Enjoy the open-concept main floor living, dining and kitchen area perfect for entertaining, complete with stainless steel appliances, luxury vinyl flooring. The 2nd level has grand master bedroom and two more bedrooms. The 3rd level has 2 additional bedrooms making it total 5 bedrooms above grade. A standout feature is the newly renovated basement with private entrance, offering incredible income or multi-generational living. Its ideal for an in-law suite, airbnb or rental opportunity. The rough ins for kitchen and laundryare provided. Step outside to enjoy the extended front porch or relax on the back deck , which leads to a lavish backyard. Location, Location!! Ideally situated close to restaurants, public transit, parks, hospital, Marina, Harbour front and easy access to QEW. Additional highlights include 2 dedicated parking spaces plus convenient free street parking. This rare offering combines historic charm, modern updates and flexible living options and exceptional opportunity not to be missed.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2 1/2 Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$3,800
Lot Size25 ft x 100 ft
mls© NumberX13509310
Listed ByTHE CANADIAN HOME 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%
$3,066
Property tax
$317
Heat allowance
$150
Housing costs
$3,533 / mo

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

Down payment20% · $119,800
25-yr amortization

Income needed

$109,000

gross annual household income

Payment at 4%
$2,521 / mo
Cash down
$119,800

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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