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Listed 14 days ago

102 Parkdale Avenue N

McQuesten, Hamilton

$749,000

Detached|2-Storey
3 | 3 | 0
About this home

Detached 3 Bedroom House With Basement, Living Room, Dining Room, Plus Very Successful Restaurant built 2021 , 2 Seperate Meters, 2 Seperate Furnaces, 2 Seperate Entrances. Can Convert Into Any Use. Perfect for Savvy Investor or For Couple who Wish To Live & Work. New A/C new clothing washer and dryer.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,600
Lot Size30 ft x 105 ft
mls© NumberX13639376
Listed ByCENTURY 21 PEOPLE`S CHOICE 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%
$3,834
Property tax
$383
Heat allowance
$150
Housing costs
$4,367 / mo

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

Down payment20% · $149,800
25-yr amortization

Income needed

$134,000

gross annual household income

Payment at 4%
$3,152 / mo
Cash down
$149,800

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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