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Listed 7 days ago

746 King Street W

Westdale, Hamilton

$699,900

Detached|2 1/2 Storey
4 | 3 | 4
About this home

Charming Westdale Home Close To Everything! This Could Be The Perfect Family Home, An Amazing Investment Opportunity With Great Income Potential @ 8% CAP, Or A Hybrid Model Where You Can Live & Own Your Home While Generating Extra Income! The All Brick Home Features 4+2 Good Size Bedrooms (Each Has Its Own Closet) With An Additional 2 Bedroom Potential In The Attic, 2 Kitchens, 2 And Half Bathrooms, On-Site Laundry, Carpet Free, 3Parking Spots At Back Of The Building, Separate Entrance To Fully Finished Basement. For Direct Bus Route From McMaster University Or To Downtown Shopping District, Quick Access To Hwy 403, Walking Distance To Westdale High School, Cootes Paradise Elementary School, Cic, Fortinos And Shopping Plaza, Near Go Bus Pick Up/ Drop Off Station

Extras

No extras listed.

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Got questions?

Contact Angela directly.

agent
Angela Montano
(647) 283-2643

This seller is likely holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
Style2 1/2 Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,400
Lot Size30.58 ft x 100 ft
mls© NumberX13665584
Listed ByRE/MAX GOLD 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%
$3,582
Property tax
$367
Heat allowance
$150
Housing costs
$4,099 / mo

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

Down payment20% · $139,980
25-yr amortization

Income needed

$126,000

gross annual household income

Payment at 4%
$2,945 / mo
Cash down
$139,980

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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Comparable sales

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