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New7 days ago

49 Brookstream Court

Red Hill, Hamilton

$720,000

Detached|Bungalow-Raised
3 | 2 | 7
About this home

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!

Extras

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Got questions?

Contact Angela directly.

agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow-Raised
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$5,500
Lot Size41 ft x 105 ft
mls© NumberX13669034
Listed ByRE/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.

Down payment20% · $144,000
25-yr amortization

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 check

Investment Analysis

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

Values and trends

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