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Featured
Listed 12 days ago

2670 Jerseyville Road W

Jerseyville, Hamilton

$1,499,000

Detached|2-Storey
6 | 4 | 10
About this home

GORGEOUS MULTI-FAMILY HOME WITH INCOME POTENTIAL!I Ideally located just 10 minutes to Highway 403, 20 minutes to Brantford, 30 minutes to Downtown Hamilton, and 45 minutes to Guelph, this exceptional rural property offers the perfect blend of space, privacy, versatility, and investment potential. The original raised bungalow was thoughtfully expanded in 2006 to create a completely separate family suite, featuring its own kitchen, dining area, living room, 3 bedrooms, and 2 bathrooms. This unique layout is ideal for multi-generational living, extended family, or an investor looking to live in one portion of the home while generating rental income from the other spaces. The original bungalow also offers tremendous potential. The basement features a spacious family room, bedroom, and an existing area ready for a kitchenette, creating an excellent opportunity for an additional rental or living space. With two existing laundry facilities, there is also potential to add a third laundry area for the basement unit. Step outside and enjoy the peaceful rural setting, complete with a beautiful deck and large swimming pool, perfect for relaxing or entertaining. The upper unit boasts its own spacious private balcony overlooking the backyard. A large detached shed, conveniently located beside the pool mechanical area, provides additional storage and has been thoughtfully used as a workout room. Major recent improvements provide added peace of mind, including a completely new septic system valued at approximately $80,000, along with a new well pump. With the potential to function as three separate living units, this property presents an outstanding opportunity for families seeking flexibility or investors looking for multiple income streams. Whether you're envisioning a multi-generational home, extended-family retreat, or income-generating investment, the possibilities are extensive. Surrounded by green space and a conservation area, with a walking trail & nature.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$8,663
Lot Size75 ft x 368.3 ft
mls© NumberX13696402
Listed ByROYAL LEPAGE SIGNATURE 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%
$7,673
Property tax
$722
Heat allowance
$150
Housing costs
$8,544 / mo

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

Down payment20% · $299,800
25-yr amortization

Income needed

$263,000

gross annual household income

Payment at 4%
$6,308 / mo
Cash down
$299,800

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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