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Listed 2 months ago

682 Mohawk Road W

Westcliffe, Hamilton

$698,888

Detached|Bungalow
3 | 2 | 8
About this home

Ideal WORK FROM HOME. The garage is finished as an office with insulation and drywall and force air heating with an entrance to the basement family room. Large bungalow built in 1968. Recently renewed double front doors, basement windows, complete basement refinished, interlock patio, extended turn-a-bout driveway in inter-lock paving providing 7 parking spots, front porch and canopy completely renewed, eves trough and flashing, all new stainless appliances, and new fencing. Fully fenced yard. The side door entry on the opposite side of the house leads to the finished basement & is ideal for a secondary dwelling unit with the addition of a kitchenette or to the main floor. The garage can be easily converted back to a garage with a new garage door. Some images are virtually staged.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$4,812
Lot Size50 ft x 100 ft
mls© NumberX13523678
Listed ByCASORA 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%
$3,577
Property tax
$401
Heat allowance
$150
Housing costs
$4,128 / mo

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

Down payment20% · $139,778
25-yr amortization

Income needed

$127,000

gross annual household income

Payment at 4%
$2,941 / mo
Cash down
$139,778

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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