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New2 days ago

441 West 5th Street

Bonnington, Hamilton

$649,000

Detached|2-Storey
3 | 3 | 5
About this home

FULLY RENOVATED, LEGAL DUPLEX (MAIN LEVEL 3 BED, 1.5 BATH) + (2 BED, 1 BATH BASEMENT) + MANY PARKINGS. ! LOT SIZE 50' x 165' ft in Hamilton's highly desirable Buchanan neighborhood. WELCOME TO 441 WEST 5TH STREET, HAMILTON, a beautifully updated property featuring a 3-bedroom, 2-bathroom main suite with laundry on the main level, 5 parking spaces, and a private, fully self-contained 2-bedroom, 1-bathroom basement unit complete with its own laundry and separate entrance. Located just a 1-minute drive or a short walk to Mohawk College, this prime location is in constant rental demand and offers quick access to schools, shopping, transit, parks, and major roadways. This property combines modern living, unmatched income potential, and a high-growth location to deliver one of Hamilton's most exciting opportunities on the market today.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$5,135
Lot Size50 ft x 165 ft
mls© NumberX13683474
Listed ByCENTURY 21 RIGHT TIME REAL ESTATE 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%
$3,322
Property tax
$428
Heat allowance
$150
Housing costs
$3,900 / mo

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

Down payment20% · $129,800
25-yr amortization

Income needed

$120,000

gross annual household income

Payment at 4%
$2,731 / mo
Cash down
$129,800

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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