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New19 hours ago

442 King William Street

Landsdale, Hamilton

$724,900

Detached|Bungalow
2 | 6 | 2
About this home

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.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age100+
Size1500-2000 sq. ft.
Property Tax$3,239
Lot Size20.92 ft x 117.52 ft
mls© NumberX13688630
Listed ByKELLER 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.

Down payment20% · $144,980
25-yr amortization

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 check

Investment Analysis

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

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