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Listed 23 days ago

3 Ridgemount Drive

Butler, Hamilton

$869,900

Detached|2-Storey
4 | 4 | 4
About this home

Welcome to 3 Ridgemount Drive. This lovingly maintained 2 storey home is located in one of Hamilton's most sought after neighborhoods. Featuring 4+1 bedrooms and 3.5 bathrooms this sprawling home offers 2800 sq/ft of finished living space. Bring the in-laws, the lower level is fully finished and is an ideal space for multi generational living. This move in condition homes offers a formal living room and dining ideal for entertaining and large family gatherings. Updated kitchen with white cabinetry, abundant storage and marble backsplash. Huge family room with cozy gas fireplace. Convenient main level laundry with access to the 2 car garage. Master bedroom retreat with walk in closet and updated ensuite bathroom. 3 additional bedrooms and a second full bathroom complete the second level. Fully finished basement offers a second kitchen and 4th bathroom. Steps to schools, shopping and public transit. Ideal location for commuters with easy access to the LINC and RHVP. Don't miss out! Room sizes approx.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$6,087
Lot Size25 ft x 99.04 ft
mls© NumberX13609372
Listed ByPottruff & Oliver 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%
$4,453
Property tax
$507
Heat allowance
$150
Housing costs
$5,110 / mo

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

Down payment20% · $173,980
25-yr amortization

Income needed

$157,000

gross annual household income

Payment at 4%
$3,661 / mo
Cash down
$173,980

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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