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Listed 23 days ago

39 Megna Court

Gurnett, Hamilton

$775,000

Detached|2-Storey
4 | 2 | 5
About this home

Large 4-bedroom home on the West Hamilton Mountain with a finished basement. Located near Ancaster between Upper Paradise and Golf Links. Same owner since 1980, well maintained and move-in ready. Attached garage with inside entry, paved driveway for 4 cars, and private fenced yard. Walking distance to parks and schools, with nearby shopping at Upper Paradise, Rymal Rd, and Meadowlands. Easy access to the Linc and Hwy 403. 1632 sq. ft., built in 1980. Updates include furnace, AC, and water heater (2020), shingles (2010), and 100 AMP breaker panel

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,060
Lot Size30 ft x 100 ft
mls© NumberX13610700
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
$422
Heat allowance
$150
Housing costs
$4,538 / mo

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

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

Income needed

$140,000

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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