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Listed 8 days ago

232 Clifton Downs Road

Gilbert, Hamilton

$735,000

Detached|Backsplit 5
3 | 2 | 5
About this home

Spacious 3+3 Bedroom, 2 Full Bath, 5-Level Backsplit Large Detached Home with Garage in Prime West Mountain! Features an build-in garage with inside entry and 4-car driveway parking. Freshly Painted. Brand new LED lighting fixture. Brand New Laminate Flooring. Bright and spacious living room and formal dining area with modern globe sputnik chandelier in gold and walkout to a large deck. Updated eat-in kitchen offers a large centre island, gas stove, and brand-new dishwasher. The upper level features 3 generous-sized bedrooms with Hardwood Flooring and a renovated 4-piece bath. Ground level boasts a spacious family room with Hardwood flooring and walkout to the backyard patio, plus a 3-piece bathroom.The lower levels offer 3 additional bedrooms and a media room-ideal for extended family, multi-generational living, or excellent rental income potential. The unfinished basement provides ample space to create a recreation room, second kitchen, additional bathroom, or simply use as abundant storage. Large cold room included. Beautifully landscaped backyard featuring a large deck, concrete patio, and storage shed-perfect for summer entertaining, outdoor dining, and family gatherings. Welcoming Covered Front Porch-perfect for relaxing with your morning coffee or unwinding in the evening. Located in a quiet, family-friendly neighbourhood within walking distance to parks, supermarkets, bus stops, and high school. Quick access to highways and public transit. Close to highly regarded Westmount High School. An exceptional opportunity for large families, investors, or those seeking in-law suite or duplex conversion potential.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBacksplit 5
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,074
Lot Size50 ft x 100 ft
mls© NumberX13664200
Listed ByREAL ONE 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%
$3,762
Property tax
$506
Heat allowance
$150
Housing costs
$4,418 / mo

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

Down payment20% · $147,000
25-yr amortization

Income needed

$136,000

gross annual household income

Payment at 4%
$3,093 / mo
Cash down
$147,000

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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