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Listed 25 days ago

191 Millen Road

Stoney Creek, Hamilton

$775,000

Detached|1 1/2 Storey
4 | 2 | 10
About this home

NEW PRICE on this spacious 1.5-storey home in desirable Stoney Creek, offering endless potential for the right buyer! Featuring 4 bedrooms, 2 kitchens, a large finished rec room, separate living and family rooms, and plenty of space for the whole family. Situated on a huge fenced lot with two additional sheds for extra storage. Car enthusiasts, hobbyists, and hands-on creators will love the detached 28' x 24' double-car garage/workshop with heat, hydro, water, insulation and new garage doors and security alarm. The perfect space for projects, tools, toys, or weekend tinkering, plus an incredible 23' x 16' loft above for extra storage, a studio, or the ultimate retreat. All you need are some cosmetic updates and your personal touch, to turn this property into a spectacular forever home. Fantastic opportunity in a great family-friendly location!

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$4,900
Lot Size50 ft x 220 ft
mls© NumberX13605800
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%
$3,967
Property tax
$408
Heat allowance
$150
Housing costs
$4,525 / mo

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

Down payment20% · $155,000
25-yr amortization

Income needed

$139,000

gross annual household income

Payment at 4%
$3,261 / mo
Cash down
$155,000

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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