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New2 days ago

376 Melanie Crescent

Ancaster, Hamilton

$974,900

Detached|Bungalow
2 | 2 | 4
About this home

Well maintained 2+1 bedroom, 2 full bath bungalow in Ancaster. Large bedrooms both with patio doors. Private backyard. Inground pool. Solid cherry wood kitchen cabinets. Main floor windows replaced. Large main floor family room with gas fireplace. Lots of parking. Basement bedroom with full bathroom. 2023 5 inch eavestrough with leaf guard. Minutes drive to shopping and Hyw 403. Please see the 3D tour.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,424
Lot Size63.98 ft x 118.11 ft
mls© NumberX13685396
Listed ByKRONAS REAL ESTATE

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%
$4,990
Property tax
$535
Heat allowance
$150
Housing costs
$5,675 / mo

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

Down payment20% · $194,980
25-yr amortization

Income needed

$175,000

gross annual household income

Payment at 4%
$4,103 / mo
Cash down
$194,980

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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