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Listed 17 days ago

1406 Upper Sherman Avenue

Butler, Hamilton

$699,900

Detached|2-Storey
3 | 2 | 5
About this home

A Rare Opportunity at This Price! This detached two-storey home offers exceptional value in a prime location-perfect for first-time home buyers or investors looking to build equity and add value. Conveniently located just steps to public transit, grocery stores, elementary and secondary schools, with quick access to major highways for an easy commute. Enjoy being only a short drive-or a single bus ride to Lime Ridge Mall and countless shopping, dining, and entertainment options. Featuring Furnace (2018), AC Unit (2018), Newer Roof, New Windows, New Sliding Door. Flexible closing, and incredible potential to renovate or customize to your taste, this is a rare chance to own a detached home in a sought-after neighbourhood at an affordable price. Don't miss out!

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,735
Lot Size40.01 ft x 120.01 ft
mls© NumberX13630944
Listed ByCRIMSON REALTY POINT 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%
$3,582
Property tax
$395
Heat allowance
$150
Housing costs
$4,127 / mo

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

Down payment20% · $139,980
25-yr amortization

Income needed

$127,000

gross annual household income

Payment at 4%
$2,945 / mo
Cash down
$139,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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