New5 days ago
116 Beach Road
Industrial Sector, Hamilton
$685,000
Detached|2 1/2 Storey
5 | 2 | 4
About this home
Quiet Neighborhood! This 2.5 Story Home With Large Detached Garage Is Perfect For A Starter Home Or Investor. Close To Qew And Easy Access To Downtown.
Extras
No extras listed.
Visit this home
Pick a time that works for you.
No upcoming open houses.
| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | 100+ |
| Size | 1500-2000 sq. ft. |
| Property Tax | $2,500 |
| Lot Size | 34.54 ft x 87 ft |
| mls© Number | X13678724 |
| Listed By | ROYAL LEPAGE CERTIFIED 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%
- $3,506
- Property tax
- $208
- Heat allowance
- $150
- Housing costs
- $3,864 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $137,000
25-yr amortization
Income needed
$119,000
gross annual household income
- Payment at 4%
- $2,883 / mo
- Cash down
- $137,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
Nearby listings
Comparable sales
- No similar listings found.
