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Listed 2 months ago

451 Montreal Circle

Winona Park, Hamilton

$1,299,900

Detached|Bungaloft
3 | 3 | 6
About this home

Welcome to this brand-new custom-built bungaloft, thoughtfully designed and crafted by an experienced custom home builder with an emphasis on quality, functionality and timeless finishes throughout. Set on a rarely offered 40 x 164+ ft deep lot in a highly desirable lakeside community, this home combines modern living with exceptional outdoor space and flexibility. The bungaloft design offers the convenience of bungalow-style living with the added versatility of an upper loft, creating an ideal layout for families, downsizers or multi-generational living. Inside, enjoy bright open-concept principal rooms, impressive ceiling heights, a beautifully appointed kitchen and carefully selected finishes that showcase the quality and attention to detail found throughout the home. The extraordinary depth of the property provides endless possibilities for creating your dream backyard, with ample room for a pool, outdoor entertaining areas, gardens and more. Opportunities to find a new custom home on a 160+ ft deep lot in this sought-after neighbourhood are increasingly rare. Located just minutes from Lake Ontario, marinas, waterfront parks and trails, excellent schools, shopping, local farms and vineyards, the new Confederation GO Station and convenient QEW access. Centrally positioned between Toronto and Niagara and approximately 15 minutes from downtown Burlington, this is an exceptional opportunity to own a quality-built custom bungaloft in one of the area's most desirable lakeside communities.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungaloft
Approx. AgeNew
Size2000-2500 sq. ft.
Property Tax---
Lot Size40 ft x 163.94 ft
mls© NumberX13678294
Listed ByRE/MAX ESCARPMENT GOLFI REALTY INC.

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 estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,653
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$6,803 / mo

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

Down payment20% · $259,980
25-yr amortization

Income needed

$209,000

gross annual household income

Payment at 4%
$5,470 / mo
Cash down
$259,980

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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