105 Rosemont Avenue
Stipley, Hamilton
$519,900
Welcome to 105 Rosemont Avenue, a fantastic three-unit property offering flexibility and excellent income potential in a convenient Hamilton location. The main-floor unit features one bedroom plus a versatile den, while the second- and third-floor units each offer a comfortable one-bedroom layout. The property also includes on-site parkingand a shared backyard space for tenants to enjoy. Conveniently located near shopping, restaurants, public transit, parks and major routes, this is a great opportunity forinvestors or buyers looking to live in one unit while generating rental income from the others. A versatile property with plenty of potential in the heart of the city!
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $3,200 |
| Lot Size | 25 ft x 95 ft |
| mls© Number | X13624486 |
| Listed By | MICHAEL ST.JEAN 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%
- $2,661
- Property tax
- $267
- Heat allowance
- $150
- Housing costs
- $3,078 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$95,000
gross annual household income
- Payment at 4%
- $2,188 / mo
- Cash down
- $103,980
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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