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Listed 2 months ago

79 Locheed Drive

Lisgar, Hamilton

$709,500

Detached|Bungalow
2 | 2 | 4
About this home

Exceptional opportunity to own a well maintained and upgraded home in one of Hamilton's most desirable MOUNTAIN area. Offering over 2,000 sq ft of total living space, this raised bungalow/backsplit blends character, functionality, and modern comfort ideal for families, professionals, or investors. Large lot, features large private driveway with parking for up to six cars. The fully fenced backyard offers privacy and space to enjoy, complete with a covered deck, gazebo, garden shed, and fruit trees, perfect for entertaining or relaxing. Potential to add a walkout basement entrance. Bright main level filled with natural light from large windows finished with seamless engineered hardwood floors. Large living room with a formal dining room and an updated kitchen with stainless steel appliances and a walkout to the backyard. Well-sized bedrooms and updated bathrooms, Potential to sperate a room and have and extra room. Fully finished basement adds incredible versatility with a potential to add a separate entrance, making it ideal for in-law living or income potential. It features additional bedrooms, a cozy family room with a fireplace perfect for extended family or multi-functional living. Located just steps from Plaza, parks, schools, shopping, and transit, and the Mountain, this home offers both convenience and lifestyle. With easy highway access and proximity to scenic trails and outdoor attractions, it's perfectly positioned for both daily living and recreation.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,400
Lot Size49.2 ft x 100 ft
mls© NumberX13511668
Listed BySAM MCDADI REAL ESTATE 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%
$3,632
Property tax
$367
Heat allowance
$150
Housing costs
$4,148 / mo

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

Down payment20% · $141,900
25-yr amortization

Income needed

$128,000

gross annual household income

Payment at 4%
$2,986 / mo
Cash down
$141,900

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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