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318 Freelton Road

Freelton, Hamilton

$924,900

Detached|Bungalow
3 | 2 | 10
About this home

House and a Shop! Tucked on an expansive 100' x 375' lot in the charming community of Freelton, this 1,400 square foot bungalow with a shop delivers the space, flexibility and lifestyle that are nearly impossible to find at this price point. The main floor offers a partially open-concept kitchen, three bedrooms, one and a half bathrooms and a walkout to the deck - perfect for enjoying the privacy of your beautiful surroundings. The lower level, with two separate walkouts, is ready to finish to your own taste - the hard work is already done! Electrical, plumbing, drains, ductwork and framing are all in place for a one-bedroom in-law suite: the bathroom has a working toilet and roughed-in stand-up shower, with a new soaker tub and sink included, the bedroom features pot lights, and the kitchen is plumbed and ready for your choice of cabinets, appliances, counters and flooring - a natural fit for multi-generational living or in-law possibility. Drive right back to your detached shop, which is a rare find: solid all-block construction measuring 22' x 37' with approximately 15' ceilings, a concrete pad floor, oversized rollup door, and separate man door, separate septic and toilet flange. Whether you're a hobbyist, tradesperson, car enthusiast, or entrepreneur, this space will not disappoint. Add a double attached garage, room to breathe on a deep private lot, and just 15-20 minutes to most amenities in Cambridge, Waterdown and Guelph - and you have a property that truly checks every box. Opportunities like this don't come along often. RSA. Detached shop is setup for a connection to 3 phase electrical (not currently connected).

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$6,787
Lot Size124.45 ft x 446.49 ft
mls© NumberX13720250
Listed ByRE/MAX ESCARPMENT REALTY INC.

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%
$4,734
Property tax
$566
Heat allowance
$150
Housing costs
$5,450 / mo

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

Down payment20% · $184,980
25-yr amortization

Income needed

$168,000

gross annual household income

Payment at 4%
$3,892 / mo
Cash down
$184,980

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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