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Listed 21 days ago

150 Howard Avenue

Balfour, Hamilton

$829,900

Detached|Bungalow
3 | 2 | 5
About this home

**Legal Duplex - Fully Renovated Bungalow on Hamilton Mountain** Excellent opportunity for first-time buyers, investors, or multi-generational families. This fully renovated legal duplex offers 3+2 bedrooms, 2 full bathrooms, and 2 fully equipped kitchens, making it ideal for extended family living or strong rental income potential. This solid brick bungalow features a separate side entrance, quality upgrades throughout, and brand-new appliances. Bright, clean, and move-in ready, the property shows exceptionally well with ample parking available. Located in a prime Central Mountain neighbourhood, just steps to Mohawk College and St. Joseph's Healthcare Hamilton, and close to transit, schools, shopping, highways, restaurants, cafe's, grocery stores, and all major amenities. Endless possibilities for homeowners and investors alike.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,746
Lot Size50.6 ft x 103.1 ft
mls© NumberX13617038
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%
$4,248
Property tax
$395
Heat allowance
$150
Housing costs
$4,793 / mo

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

Down payment20% · $165,980
25-yr amortization

Income needed

$147,000

gross annual household income

Payment at 4%
$3,492 / mo
Cash down
$165,980

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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