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New7 days ago

107 Reid Avenue N

McQuesten, Hamilton

$579,900

Detached|Bungalow
3 | 1 | 1
About this home

Welcome to 107 Reid Avenue North! This turnkey, detached bungalow is the perfect opportunity for first time homebuyers or downsizers looking for one floor living with a deceiving amount of finished space. Stepping in you're greeted with a tastefully updated and expanded foyer with extra room for boot and coat storage. The large living room features loads of natural light, new flooring and modern paint tones. Continue through to the large kitchen to find a true chef's paradise with stainless steel appliances, updated cabinetry, pantry and butcher block island. Rounding out the main floor are 3 bedrooms, including a generous primary that's unique for this era of home, a 4-piece bath with new floor tiles and bath surround with transferrable warranty. Heading downstairs you'll be surprised to find a fully finished and full height basement with office space, a massive family room currently used as a den and dining space, new flooring, built in shelving and updated paint and fixtures. Situated on a lovely lot this home offers a refinished front porch with custom railings, a covered rear patio, backyard grass space and lots of room to exercise your green thumb. Located in the neighbourhood of McQuesten, 107 Reid Ave North offers unbeatable proximity to transit routes, including the Redhill Valley Parkway, schools and parks with Roxborough Park right across the street, shopping and dining. Lovingly cared for this home has been meticulously cared for and updated throughout - full list available upon request.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,224
Lot Size30 ft x 92 ft
mls© NumberX13668628
Listed ByROYAL 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%
$2,968
Property tax
$269
Heat allowance
$150
Housing costs
$3,387 / mo

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

Down payment20% · $115,980
25-yr amortization

Income needed

$104,000

gross annual household income

Payment at 4%
$2,440 / mo
Cash down
$115,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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