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New2 days ago

111 Limeridge Road W

Rolston, Hamilton

$599,900

Semi-Detached |2-Storey
4 | 2 | 5
About this home

Turnkey Investment Opportunity or Multi-Generational Family Home with Exceptional Income Potential! North Facing. Located in West Hamilton Mountain, this fully renovated legal duplex offers over 1,900 sq. ft. of beautifully finished living space. The home features four spacious above-grade bedrooms, separate living and dining rooms, new flooring throughout, fresh paint, upgraded bathrooms, modern finishes, and new pot lights and light fixtures. Upgraded Kitchen with Quartz Counter Tops and Stainless Steel Appliances. A legal studio basement apartment includes a private entrance, kitchen, washroom and separate laundry. Tankless Hot Water Heater is owned- no rental fee, saving approximately $60 per month. Designed for Strong rental performance and positive cash flow, the property also sits on a generous lot with parking for up to five vehicles. Ideally located minutes from Mohawk College, the Upper James Street commercial corridor, public transit, schools, parks, grocery stores, restaurants, shopping, and other essential amenities. A rare opportunity to own a move-in-ready, income-generating property in one of Hamilton's most sought-after rental locations.

Extras

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Open houses

  • Sat, Aug 22

    2:00 PM – 4:00 PM

  • Sun, Aug 23

    2:00 PM – 4:00 PM

Or pick a time that works for you.

Got questions?

Contact Angela directly.

agent
Angela Montano
(647) 283-2643
TypeSemi-Detached
Style2-Storey
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$4,112
Lot Size32.5 ft x 102.8 ft
mls© NumberX13682614
Listed ByROYAL 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%
$3,071
Property tax
$343
Heat allowance
$150
Housing costs
$3,563 / mo

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

Down payment20% · $119,980
25-yr amortization

Income needed

$110,000

gross annual household income

Payment at 4%
$2,524 / mo
Cash down
$119,980

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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