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Listed 20 days ago

151 N East 16th Street

Inch Park, Hamilton

$579,900

Detached|1 1/2 Storey
3 | 1 | 2
About this home

Welcome to 151 East 16th Street! This Charming 1.5 Storey 3 Bedroom Home is Located in a Desirable Hamilton Mountain Location. This Home Features Include Built in Garage, Large Eat-In Kitchen, Main Floor Bedroom, Spacious Private Backyard, Steps to the Inch Park, Trendy Concession Street, Shops, Restaurants, Sam Lawrence Park, Juravinski Hospital, Lincoln Alexander Parkway, Schools and Libraries. Great Opportunity to make this Fabulous Location your Home!

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,563
Lot Size30 ft x 114 ft
mls© NumberX13620740
Listed BySUTTON GROUP QUANTUM 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%
$2,968
Property tax
$380
Heat allowance
$150
Housing costs
$3,498 / mo

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

Down payment20% · $115,980
25-yr amortization

Income needed

$108,000

gross annual household income

Payment at 4%
$2,440 / mo
Cash down
$115,980

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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