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Featured
Listed 2 months ago

907 - 301 Frances Avenue

Lakeshore, Hamilton

$349,000

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

NEW S.S Appliances. Fantastic Value in a HIGHLY desirable building within steps to the Lake, Beach and Waterfront Trail. Very quiet, well maintained property! This large 890sqft 1 Bedroom plus Den CORNER SUITE is South-West facing w/ lots of natural sunlight, large balcony, panoramic views of the Escarpment, Burlington Skyline and gorgeous SUNSETS. Freshly Painted in neutral colors from Top to Bottom and newer upgraded laminate flooring. Condo fee includes Heat, Hydro, Water, A/C, Cable, Internet, Exterior Maintenance and Visitors Parking. Building Amenities include Car Wash, Outdoor Pool, Sauna, Exercise Rm, Games Rm, Party Rm, Community BBQ, Library and Workshop. Features In-suite laundry, Underground parking and Locker! Very close to all Amenities, COSTCO, Parks and Conservation Area.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$950
LockerExclusive
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,664
mls© NumberX13656410
Listed ByROYAL LEPAGE SIGNATURE REALTY
Hydro Included
Water Included
Cable TV Included
Common Elements Included
Building Insurance Included
Parking Included
Heat Included
CAC Included

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%
$1,786
Property tax
$222
Heat allowance
$150
Condo fees, half counted
$475
Housing costs
$2,633 / mo

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

Down payment20% · $69,800
25-yr amortization

Income needed

$81,000

gross annual household income

Payment at 4%
$1,469 / mo
Cash down
$69,800

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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