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Listed 20 days ago

121 Eastbourne Avenue

St. Clair, Hamilton

$659,900

Detached|2-Storey
4 | 3 | 4
About this home

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.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age100+
Size2000-2500 sq. ft.
Property Tax$5,419
Lot Size40 ft x 80 ft
mls© NumberX13623350
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%
$3,378
Property tax
$452
Heat allowance
$150
Housing costs
$3,979 / mo

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

Down payment20% · $131,980
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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