395 Avondale Street
Industrial Sector, Hamilton
$349,000
Opportunity knocks in Hamilton's affordable North End! Whether you want to raise a family, or invest in a solid income property, this deceptively spacious 3-bedroom detached home has endless possibilities. Tons of upgrades including bathroom reno in 2019; new furnace in 2022; new water heater in 2022; new fridge in 2023; new shed in 2023; lead pipe replacement in 2020; new roof, eavestroughs, fascia and soffits in 2021; central air 2020; new washing machine 2020; clay pipe replaced with current drain in foundation in 2020, and the drop ceiling was replaced in the main floor bedroom in 2019.
No extras listed.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 100+ |
| Size | 700-1100 sq. ft. |
| Property Tax | $2,351 |
| Lot Size | 30 ft x 100 ft |
| mls© Number | X13644662 |
| Listed By | RE/MAX ESCARPMENT 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%
- $1,786
- Property tax
- $196
- Heat allowance
- $150
- Housing costs
- $2,132 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$66,000
gross annual household income
- Payment at 4%
- $1,469 / mo
- Cash down
- $69,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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