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Listed 13 days ago

47 - 38 Elora Drive

Fessenden, Hamilton

$499,000

Condo Townhouse |
3 | 3 | 2 | 0
About this home

Discover the perfect opportunity to own a spacious and well-maintained townhouse in Hamilton's desirable Fessenden area. This inviting 3-bedroom, 2.5-bathroom home offers a functional layout designed for comfortable everyday living. The bright and welcoming main living areafeatures a cozy gas fireplace, creating the perfect atmosphere for relaxing evenings or entertaining guests. Enjoy the convenience of an attachedgarage with inside entry, providing added comfort and practicality year-round. Located in a very well-managed complex, this home offers peaceof mind along with an easily accessible location close to major highways, shopping, schools, parks, and other everyday amenities.

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agent
Angela Montano
(647) 283-2643
TypeCondo Townhouse
Style2-Storey
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$472
LockerNone
BalconyOpen
ExposureSouth West
Parking TypeBuilt-In
Parking Spaces2
Parking FeaturesNone
Property Tax$3,398
mls© NumberX13645498
Listed ByEXP REALTY
Common Elements Included
Building Insurance Included

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%
$2,554
Property tax
$283
Heat allowance
$150
Condo fees, half counted
$236
Housing costs
$3,223 / mo

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

Down payment20% · $99,800
25-yr amortization

Income needed

$99,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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