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Listed 1 month ago

618 Upper Ottawa Street

Sherwood, Hamilton

$779,900

Detached|Bungalow
3 | 2 | 6
About this home

Excellent Mountain Location!!***** Beautiful, well-maintained detached bungalow situated on a rare 50-ft frontage in a quiet, family-friendly neighbourhood.***** Featuring a solid brick and stone exterior, an extra-wide driveway with parking for up to 6 vehicles, and a large lot.***** Offers 3+2 bedrooms and 2 full bathrooms. Updated kitchen with stainless steel appliances.**** Carpet-free throughout.***** Finished basement with 2 bedrooms, separate entrance, and shared laundry, offering excellent in-law or income potential.***** Conveniently located within walking distance to schools, parks, shopping, public transit, just minutes to major highways and all other amenities.***** An excellent opportunity for first-time buyers, growing families, or investors..***** Don't miss this exceptional property!!!*****

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,896
Lot Size50.1 ft x 100.19 ft
mls© NumberX13567892
Listed ByRE/MAX REALTRON 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%
$3,992
Property tax
$408
Heat allowance
$150
Housing costs
$4,550 / mo

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

Down payment20% · $155,980
25-yr amortization

Income needed

$140,000

gross annual household income

Payment at 4%
$3,282 / mo
Cash down
$155,980

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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