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Homeside, Hamilton
$595,000
This well-maintained 2 unit property offers 3+1 bedrooms and 3 bathrooms (2 full and 1 powder room). The main level features a modern open-concept layout with pot lights throughout, a custom eat-in kitchen with a large island and quartz countertops, updated bathrooms, and fresh paint throughout. Significant capital improvements have already been completed, including newer appliances, furnace, A/C, and hot water tank (all under five years old), along with a fully waterproofed basement, providing added value and reduced maintenance costs. Fully tenanted and turn key investment for a investor looking to add to the portfolio.The exterior includes a spacious backyard with a deck and parking for two vehicles with convenient rear alley access. Ideally located just minutes from public transit, Centre Mall, major highways, schools, and everyday amenities, this is an outstanding opportunity to acquire a fully tenanted investment property with immediate income and future appreciation potential.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $2,949 |
| Lot Size | 25 ft x 100 ft |
| mls© Number | X13568224 |
| Listed By | Royal LePage Real Estate Associates |
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%
- $3,045
- Property tax
- $246
- Heat allowance
- $150
- Housing costs
- $3,441 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$106,000
gross annual household income
- Payment at 4%
- $2,504 / mo
- Cash down
- $119,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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