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Listed 1 month ago

129 Aldercrest Avenue

Rural Glanbrook, Hamilton

$799,900

Detached|2-Storey
3 | 4 | 8
About this home

Location, Location, Location! Exceptional opportunity to own a spacious home situated on a premium 75' x 200' lot in one of the area's most sought-after neighborhoods, surrounded by impressive multi-million-dollar homes. This remarkable property offers far more living space than it appears from the exterior, featuring 3 generously sized bedrooms and 2 full bathrooms on the main level. The modern eat-in kitchen is designed for both everyday living and entertaining, complete with a large island, built-in microwave, gas stove, skylight, and ample cabinetry. The lower level provides additional versatility with 3 more bedrooms, 2 full bathrooms, a cozy living room, a spacious kitchen with a breakfast island, and a separate dining area. This level also features a self-contained in-law suite with a separate entrance and its own full-size stackable laundry, making it ideal for extended family, multi-generational living, or potential rental income. Beautifully renovated recently, the home showcases a modern kitchen, updated bathrooms, new hardwood flooring, stylish lighting, and many additional upgrades throughout. Several windows and the siding have also been updated, adding to the horrie's appeal and long-term value. A rare opportunity offering a large lot, exceptional space, and incredible potential in a prestigious neighborhood - this home is a must-see!

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,808
Lot Size75 ft x 200 ft
mls© NumberX13561640
Listed ByRE/MAX ESCARPMENT 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%
$4,094
Property tax
$484
Heat allowance
$150
Housing costs
$4,728 / mo

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

Down payment20% · $159,980
25-yr amortization

Income needed

$145,000

gross annual household income

Payment at 4%
$3,366 / mo
Cash down
$159,980

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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