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Listed 15 days ago

101 Loyalist Drive

Corman, Hamilton

$849,999

Detached|Bungalow
3 | 3 | 4
About this home

LEGAL TWO FAMILY HOME, SELF CONTAINED 2 RESIDENTIAL UNITS HOME WITH GROUND LEVEL SEPARATE ENTRANCE TO BOTH UNITS, 2nd LEGAL UNIT ADDED WITH CITY BUILDING PERMIT. EXCEPTIONALLY STUNNING. GREAT INVESTMENT OPPORTUNITY to rent both or live in one and rent the other one out of two units. 3 bedroom unit on the main floor and 2 bedroom in the 2nd unit, that makes 2nd unit with 2 Bedrooms plus Living room, dining area, Kitchen, bathroom and its own separate laundry and huge cold room. Both units have access to each other from inside which is ideal for a large family. Desirable East Hamilton, Coreman/Greenford location. Professionally renovated from top to bottom. Very modern Open concept in both units, New Plumbing, Separate hydro meters with Newly upgraded 200 amp service and upgraded wiring. new 1 inch municipal water line. Fire separation between two units, resilient channels, safe & sound insulation in basement ceiling. Hardwired Interconnected smoke and CO detectors, New Furnace smoke detector for added fire safety, 2 Custom New Kitchens, main floor dining area with skylight, Quartz countertop, back splash and All new Appliances. Big bay window on the front plus patio door, now exterior and interior doors, 2 Laundries with washers and dryers. 3 New Bathrooms with modern vanities, lights & Porcelain tiles. Newer roof, New pot lights, New plumbing, New flooring, New baseboard, New trims, New doors, thermal windows, extra blown in insulation added in the attic, Newly paved double 4 cars driveway. Overall in very good condition, well maintained In-ground pool with newer liner and patio in the backyard for cool summer entertainment. Mature quiet neighborhood. Walking distance to shopping malls, Restaurants and Public Transit. Minutes to highway. RSA **INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,045
Lot Size44 ft x 104.41 ft
mls© NumberX13634296
Listed ByRIGHT AT HOME REALTY

Listing History

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  • 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%
$4,351
Property tax
$420
Heat allowance
$150
Housing costs
$4,921 / mo

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

Down payment20% · $170,000
25-yr amortization

Income needed

$151,000

gross annual household income

Payment at 4%
$3,577 / mo
Cash down
$170,000

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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