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Price Change$1,150,000

42 Richmond Crescent

Winona Park, Hamilton

$1,050,000

Detached|Backsplit 4
4 | 2 | 8
About this home

Incredible Opportunity! This 4-Bedroom, 2 Bath Home Sits On A Mature / Private Lot On A Quiet Crescent In Highly Sought After Fifty Point. Nestled South Of The Qew And Within Walking Distance Of The Lake. This 4 Level Backsplit Offers Plenty Of Living Space, An Incredible Backyard Oasis, An Extra-Large Driveway With Parking For 6 Vehicles And A 2 Car Garage! Located On A Quiet Street In A Family-Friendly Neighbourhood And Is Located Close To All Amenities. Extras:Inclusions: Fridge, Stove, Hood Fan, Dishwasher, Washer & Dryer, Tv Wall Mount, Central Vacuum & Attachments, All Window Coverings & Electrical Light Fixtures.

Extras

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBacksplit 4
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$6,250
Lot Size49.31 acres x 194.52 acres
mls© NumberX13505654
Listed ByGLOBAL BRICKS EXECUTIVE HOMES REALTY

Listing History

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  • 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%
$5,374
Property tax
$521
Heat allowance
$150
Housing costs
$6,045 / mo

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

Down payment20% · $210,000
25-yr amortization

Income needed

$186,000

gross annual household income

Payment at 4%
$4,419 / mo
Cash down
$210,000

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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