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Listed 2 months ago

66 Ewen Road

Ainslie Wood, Hamilton

$980,000

Detached|1 Storey/Apt
4 | 4 | 2
About this home

Great opportunity in Hamilton's sought-after McMaster neighbourhood.This spacious rasied bungalow offers 4 bedrooms, 2 bathrooms, one kitchen, one living area, and one laundry on main floor and 4 bedrooms, 2 bathrooms, one kitchen, one living area, and one laundry on lower floor. Carpet free floor through entire propery.Separate entrance to the lower level. All rooms with a double bed and matrees and a desk. The owner spent over 50K for updated bathrooms and kitchens features quartz countertops, stainless steel appliances and modern backsplashes. The Tankless water heater is rented, The heat-pump airconditioner was installed in 2024.Walking distance to transit and just minutes from McMaster University, McMaster Children's Hospital, Westdale Village, shopping, parks and Highway 403. Whether you're looking for a family home with flexible living arrangements, or a property for university students for income potential and covers the mortgage, this property is one of your best choices in the neighborhood.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style1 Storey/Apt
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$5,672
Lot Size32.91 ft x 190 ft
mls© NumberX13509562
Listed ByBAY STREET GROUP 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%
$5,016
Property tax
$473
Heat allowance
$150
Housing costs
$5,639 / mo

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

Down payment20% · $196,000
25-yr amortization

Income needed

$174,000

gross annual household income

Payment at 4%
$4,124 / mo
Cash down
$196,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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