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Balfour, Hamilton
$649,900
This inviting 2+1 bedroom 2 bath home blends charm with thoughtful updates. The bright main floor features a spacious living room with a large window showcasing your very own Japanese maple while letting in an abundance of natural light. The remodelled kitchen has been thoughtfully updated while still maintaining its original charm, offering loads of cupboard space, under cabinet microwave, and an extra heavy duty range hood. The main floor also features two good sized bedrooms, with the primary offering his and hers closets, while the 4 piece bath sits seamlessly between the bedrooms creating a functional layout. Downstairs, a separate entrance with its own locking door leads to a potential in law suite or investment opportunity complete with a full kitchen, living space, bedroom, and 3 piece bath. Outside, the backyard offers raised garden beds and is fenced on three sides, leading to a detached garage workshop with hydro and additional space for storage or hobbies. The single wide 3 car driveway provides ample parking, along with plenty of street parking for guests. With a newer roof, main floor windows, furnace, and an owned water heater this family friendly home offers convenience and is located close to shopping, transit, parks, and Mohawk College, offering both comfort and endless potential.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,641 |
| Lot Size | 49 ft x 103 ft |
| mls© Number | X13588228 |
| Listed By | REALTY WORLD LEGACY |
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%
- $3,326
- Property tax
- $387
- Heat allowance
- $150
- Housing costs
- $3,863 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$119,000
gross annual household income
- Payment at 4%
- $2,735 / mo
- Cash down
- $129,980
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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