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Listed 18 days ago

20 Somerset Avenue

Gibson, Hamilton

$498,995

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

Absolutely Gorgeous, Stunning Detached Home in Hamilton's Desirable Gibson Community! Professionally renovated from top to bottom, this turnkey home offers a perfect blend of modern style, comfort, and functionality. The spacious main floor features inviting living and dining areas, along with a bright family room. The upgraded kitchen boasts elegant quartz countertops and brand-new stainless-steel appliances. The second level offers 3 spacious bedrooms, including a generous primary bedroom featuring a large bay window that fills the space with natural light. Thoughtfully updated throughout, this home is truly move-in ready. Ideally located within walking distance to schools and public transit, and just minutes from Hamilton's City Centre. Enjoy easy access to community centres, Gage Park, Tim Hortons Field, and numerous amenities and developments in the surrounding area. A fantastic opportunity for first-time home buyers-simply move in and enjoy! Please note some pictures are virtually staged.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$2,904
Lot Size24 ft x 90 ft
mls© NumberX13629392
Listed ByHOMELIFE/DIAMONDS 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%
$2,554
Property tax
$242
Heat allowance
$150
Housing costs
$2,946 / mo

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

Down payment20% · $99,799
25-yr amortization

Income needed

$91,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,799

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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