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Landsdale, Hamilton
$724,900
One of a kind live/work property - a rare opportunity for investors and end users alike. Featuring an updated brick bungalow - with 2 bedrooms, 1 bathroom, open concept living, dining and kitchen - paired with a substantial two-storey garage/workshop. From the backyard, enter a finished main-level space with kitchenette, bathroom and open work area, opening through to the garage bay. Stairs lead to a second-storey space with kitchen, bathroom, and living area. Parking for two. Finished garage spaces are not legal dwelling units. Buyer to satisfy themselves regarding zoning, building and fire code compliance.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 100+ |
| Size | 1500-2000 sq. ft. |
| Property Tax | $3,239 |
| Lot Size | 20.92 ft x 117.52 ft |
| mls© Number | X13688630 |
| Listed By | KELLER WILLIAMS COMPLETE 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%
- $3,710
- Property tax
- $270
- Heat allowance
- $150
- Housing costs
- $4,130 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$127,000
gross annual household income
- Payment at 4%
- $3,050 / mo
- Cash down
- $144,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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