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Listed 23 days ago

170 1/2 Macnab Street N

Central, Hamilton

$449,900

Semi-Detached |2-Storey
2 | 2 | 0
About this home

Welcome to 170 1/2 Macnab Street North, a unique opportunity in Hamilton's highly sought-after Strathcona Central North neighbourhood. This semi-detached home is configured as two self-contained units, offering flexibility for investors, end-users, or multi-generational living. The main floor unit features a bright living room, eat-in kitchen, and a spacious bedroom with walkout to a private rear yard. An open-concept 3-piecebathroom completes this level, providing functional and comfortable living space. The second floor unit is accessed via a private interior entrance and includes a welcoming foyer/den at the top of the stairs, ideal for a home office or additional living space along with a full kitchen, living room, bedroom, and 3-piece bathroom. Both units have separate entrances within the main home, offering privacy and independence for occupants. Situated in a vibrant and highly walkable community, this property is just minutes to downtown Hamilton, James Street North, and King Street West home to an array of shops, cafes, restaurants, and local amenities. Nearby parks including Dundurn Park and Victoria Park, as well as waterfront trails, provide excellent outdoor options. The area is well-served by public transit with easy access to multiple bus routes and close proximity to West Harbour GO Station, making commuting convenient. Local schools and community amenities further enhance the appeal of this location. While there is no dedicated parking, ample street parking is available. A rare opportunity to own a flexible income property in a strong rental area with the added benefit of potential package purchase. Vendor Take-Back (VTB) financing may be available for qualified Buyers, subject to the Vendor's internal credit approval criteria

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agent
Angela Montano
(647) 283-2643
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,039
Lot Size17.24 ft x 90.43 ft
mls© NumberX13607722
Listed ByRoyal LePage State Realty

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%
$2,303
Property tax
$253
Heat allowance
$150
Housing costs
$2,706 / mo

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

Down payment20% · $89,980
25-yr amortization

Income needed

$83,000

gross annual household income

Payment at 4%
$1,893 / mo
Cash down
$89,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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