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St. Clair, Hamilton
$659,900
Rare Arts & Crafts 2 Family With full In-law suite. Discover the perfect blend of historic character and modern updates in this rare Arts and Crafts style Multi Family home. Loaded with architectural charm, this property is ideal for investors or multi-generation buyers looking for a premium live-in-one, rent-the-other opportunity. All three tenants are month to month with no formal leases in place. The Main Level charms you with elegance & Character featuring a massive welcoming living room with an eye catching stone gas fireplace flanked by custom built-in bookcases, flowing into a formal dining room with elegant cove ceilings. The kitchen is spacious with custom Maple cabinetry, a built-in dishwasher, ceramic backsplash and flooring. Two generously sized bedrooms with pristine hardwood floors, including one highlighted by a striking oak-beamed ceiling. The Upper Level is bright & surprisingly spacious with an eat-in Kitchen & Dining area featuring custom premium pine kitchen cabinetry. Living Room: A bright, spacious living area with a decorative fireplace, rich hardwood floors, and modern LED pot lights. Bedrooms: * A large primary bedroom complete with a walk-in closet and hardwood flooring. A cozy second bedroom, perfect for a child's room, nursery, or a dedicated home office. Bonus: All windows on the second level were completely updated in 2010.The lower level unit is huge offering a large living area with plenty of natural sun light, an eat-in kitchen and good sized bedroom. A 19' x 11' garage for the hobbyist or for storage.
No extras listed.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 2000-2500 sq. ft. |
| Property Tax | $5,419 |
| Lot Size | 40 ft x 80 ft |
| mls© Number | X13623350 |
| Listed By | RE/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%
- $3,378
- Property tax
- $452
- Heat allowance
- $150
- Housing costs
- $3,979 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$122,000
gross annual household income
- Payment at 4%
- $2,777 / mo
- Cash down
- $131,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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