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New2 days ago

1 Norwood Road

Westdale, Hamilton

$849,900

Detached|1 1/2 Storey
4 | 3 | 2
About this home

Welcome to this versatile 6-bedroom, 3-bathroom currently duplexed in the heart of desirable Westdale, Hamilton. An excellent opportunity for investors, multi-generational living, or buyers looking to live in one unit while generating rental income to help offset the mortgage. The main floor features 2 bedrooms, 1 bathroom, a spacious living room, dining room, and office, while the finished basement provides additional living space with a recreation room, 2 bedrooms, 1 bathroom, and laundry. The upper unit offers 2 bedrooms, 1 bathroom, a living room, and kitchen, providing a functional and flexible layout for tenants or extended family. Situated on a corner lot, the property also includes a separate garage offering valuable parking and storage space. Enjoy an unbeatable location just steps from Princess Point, Cootes Paradise waterfront trails, Westdale Village, McMaster University and Hospital, parks, and schools. With convenient access to Highway 403, commuting throughout Hamilton and toward Toronto is a breeze. Whether you're looking to invest, house-hack, accommodate a growing family, or secure a property in one of Hamilton's most sought-after neighbourhoods, this Westdale duplex offers exceptional potential and location.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,995
Lot Size30 ft x 100 ft
mls© NumberX13684082
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%
$4,350
Property tax
$500
Heat allowance
$150
Housing costs
$5,000 / mo

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

Down payment20% · $169,980
25-yr amortization

Income needed

$154,000

gross annual household income

Payment at 4%
$3,577 / mo
Cash down
$169,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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