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Ainslie Wood, Hamilton
$599,900
Set on a corner lot, only 2 minutes to McMaster University. This two storey detached home offers two bedrooms up plus a third on the finished lower level and a 4 piece main floor bathroom, the home pairs a practical layout with a west Hamilton location that puts campus, and everyday amenities within walking distance. The main floor features a living room, an open concept kitchen and dining area, and a mud room with its own side entrance. Upstairs are two bedrooms, the back bedroom with a walkout to a large balcony with escarpment views. The finished lower level adds a third bedroom, a recreation room, a wood fireplace, laundry, and a cold room, offering space for an additional bedroom. An attached single garage and a private driveway space provide parking for two vehicles, and the property is on municipal water and sewer. The corner lot has a large side yard perfect for future expansion. A bus stop sits at Whitney Avenue and Leland Street leading you to a 2 minute trip into campus.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,900 |
| Lot Size | 50.1 ft x 50.1 ft |
| mls© Number | X13649536 |
| Listed By | ROYAL LEPAGE STATE REALTY |
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%
- $3,071
- Property tax
- $492
- Heat allowance
- $150
- Housing costs
- $3,712 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$114,000
gross annual household income
- Payment at 4%
- $2,524 / mo
- Cash down
- $119,980
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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