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Listed 13 days ago

311 East 14th Street

Hill Park, Hamilton

$767,777

Detached|Bungalow
3 | 2 | 3
About this home

Welcome to 311 East 14th St, Hamilton - Legal 2-Unit Bungalow Beautifully remodelled in Hill Park, Hamilton Mountain. Move-in ready. Main floor: 3 bedrooms, 4-piece bath, open-concept kitchen with quartz counters and Backsplash , pot lights, pot filler, and a fireplace with accent shelving. Tons of natural light. Basement: Legal ADU with separate entrance, 3 bedrooms, full bath, custom kitchen, separate laundry. Great for extended family or rental income. Outside: fully fenced backyard, front deck, driveway parking for 3 and a Storage Shed. Close to all schools , 6 Min to Mohawk College, parks, shopping, and transit. Its a turnkey Property for Buyers or Investors.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,318
Lot Size43 ft x 100 ft
mls© NumberX13645800
Listed ByRE/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%
$3,930
Property tax
$360
Heat allowance
$150
Housing costs
$4,440 / mo

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

Down payment20% · $153,555
25-yr amortization

Income needed

$137,000

gross annual household income

Payment at 4%
$3,231 / mo
Cash down
$153,555

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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