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Listed 14 days ago

622 Upper Sherman Avenue

Burkholme, Hamilton

$649,900

Detached|Bungalow
2 | 2 | 4
About this home

Solid Brick Bungalow conveniently located on Hamilton Central Mountain on Bus Route and quick access to Schools, shopping and Juravinski (Henderson) Hospital. Main floor features bright updated open concept kitchen/dinette with sliding doors leading to interlocking brick patio. Updated 4 piece bath. Lower level complete with finished Full kitchen, bedroom, spacious family room and 3 piece bathroom and laundry room. Ideal for guest accommodations or extended family. This home sits on a nicely landscaped 50 Ft x 113 Ft corner with convenient driveway access to Upper Sherman and Mackenzie Rd. Impressive Landscaped fully fenced rear yard includes 32 Ft x 15 Ft interlocking brick patio with access to the kitchen, natural gas BBQ hook-up. Cover Pergola and patio furniture are included. Shed/Workshop 20 Ft x 8 Ft with hydro, ideal for handyman or Hobbyist. Other Updates include Water service and 100 Amp Electrical panel. 2 Refrigerators, 2 stoves, Pergola and patio furniture included.

Extras

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,833
Lot Size50 ft x 113 ft
mls© NumberX13639172
Listed ByREALTY NETWORK

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%
$3,326
Property tax
$319
Heat allowance
$150
Housing costs
$3,796 / mo

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

Down payment20% · $129,980
25-yr amortization

Income needed

$117,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$129,980

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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