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Listed 18 days ago

640 Tate Avenue

Parkview, Hamilton

$599,999

Detached|Bungalow
3 | 2 | 2
About this home

Welcome to your next home in the heart of Hamilton! This beautifully updated single-family home offers a perfect blend of comfort, style, and functionality ideal for families, first-time buyers, or investors.Inside, you'll find 3 spacious bedrooms plus a versatile bonus room in the in-law suite, to accommodate your families needs. The home features upgraded flooring throughout, a fresh coat of paint, and a newly renovated front porch, Driveway, Backyard that welcomes you with charm and curb appeal.Whether you're hosting guests or enjoying quiet evenings, the layout offers flexibility and space for everyone including the private in-law suite, perfect for extended family, guests, or even potential rental income.Major mechanicals are taken care of furnace and AC are owned, giving you peace of mind and no rental fees.Located in a family-friendly neighborhood with top-rated schools nearby, you'll love being within walking distance to parks and enjoying weekend strolls by Lake View Beach.Don't miss this opportunity to own a move-in-ready home in one of Hamiltons most desirable areas!

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$3,532
Lot Size25 ft x 100 ft
mls© NumberX13628954
Listed ByRIGHT AT HOME REALTY

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%
$3,071
Property tax
$294
Heat allowance
$150
Housing costs
$3,515 / mo

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

Down payment20% · $120,000
25-yr amortization

Income needed

$108,000

gross annual household income

Payment at 4%
$2,525 / mo
Cash down
$120,000

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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