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Listed 1 month ago

22 - 255 Mount Albion Road

Red Hill, Hamilton

$599,900

Condo Townhouse |
3 | 4 | 2 | 0
About this home

Luxury South East Hamilton townhome featuring 2042 sq ft including the fully finished basement. 3 Bedroom end unit with spacious bedrooms and 3 and half baths, including master bedroom with ensuite bath, second bedroom with semi-ensuite privileges, fully finished basement, spiral staircase, long term owner home in immaculate move-in condition. One of the best townhomes in this very desirable location.

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agent
Angela Montano
(647) 283-2643
TypeCondo Townhouse
Style2-Storey
Approx. Age31-50
Size1400-1599 sq. ft.
Maintenance Fees$486
LockerNone
BalconyNone
ExposureWest
Parking TypeAttached
Parking Spaces2
Parking FeaturesPrivate
Property Tax$4,297
mls© NumberX13565198
Listed ByROYAL LEPAGE STATE REALTY
Common Elements Included
Parking Included

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%
$3,071
Property tax
$358
Heat allowance
$150
Condo fees, half counted
$243
Housing costs
$3,822 / mo

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

Down payment20% · $119,980
25-yr amortization

Income needed

$118,000

gross annual household income

Payment at 4%
$2,524 / mo
Cash down
$119,980

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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