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Red Hill, Hamilton
$720,000
Extremely well maintained raised ranch, in a very desirable area, close to all amenities, expressways, and bus routes. This lovely 3 bedroom, 2bath home has been well cared for and shows pride of ownership. The roof has newer shingles and solar panels. Beautifully landscaped yard for you to relax and enjoy!
No extras listed.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,500 |
| Lot Size | 41 ft x 105 ft |
| mls© Number | X13669034 |
| Listed By | RE/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%
- $3,685
- Property tax
- $458
- Heat allowance
- $150
- Housing costs
- $4,294 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$132,000
gross annual household income
- Payment at 4%
- $3,030 / mo
- Cash down
- $144,000
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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