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Listed 21 days ago

18 Palacebeach Trail

Stoney Creek, Hamilton

$700,000

Freehold Townhouse|2-Storey
3 | 4 | 3
About this home

Welcome To Your Dream Home In The Heart Of Stoney Creek! This Beautiful Freehold Townhome Is Situated On A Premium Deep Lot With No Rear Neighbours, Offering Exceptional Privacy And A Peaceful Setting. Freshly Painted Throughout With New Carpet On The Stairs, This Meticulously Maintained Home Is Truly Move-In Ready. The Functional Layout Features 3 Spacious Bedrooms, Convenient Second-Floor Laundry, And Bright, Well-Appointed Living Spaces. The Primary Bedroom Offers Full Ensuite Privilege.Step Outside To Your Large Private Backyard With A Spacious Deck, Perfect For Summer BBQs, Relaxing, And Entertaining Family And Friends. The Attached Garage Includes Custom-Built Shelving, Providing Excellent Storage For Tools, Equipment, And Everyday Essentials.The Professionally Finished Basement Adds Valuable Living Space With A Studio-Style Layout, Bright Above-Grade Window/Secondary Emergency Escape, Full Bathroom, And Separate Laundry. With Potential Rental Income Of Approximately $1,200/Month, The Basement Offers An Excellent Opportunity To Help Offset Carrying Costs.Ideally Located Minutes walk From Lake Ontario, Fifty Point Conservation Area, Waterfront Trails, Costco, Schools, Shopping, Restaurants, And Everyday Amenities. Easy QEW Access Provides Convenient Connectivity To Toronto And Niagara. A Fantastic Opportunity For First-Time Buyers, Families, Or Investors Seeking Privacy, Income Potential, And Long-Term Value. A Must See!

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BrokerHub Inc.
(647) 254-1864
TypeAtt/Row/Townhouse
Style2-Storey
Approx. Age16-30
Size1100-1500 sq. ft.
Property Tax$4,590
Lot Size21.7 ft x 73.7 ft
mls© NumberX13831914
Listed ByCENTURY 21 GREEN 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 actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,583
Property tax
$383
Heat allowance
$150
Housing costs
$4,115 / mo

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

Down payment20% · $140,000
25-yr amortization

Income needed

$127,000

gross annual household income

Payment at 4%
$2,946 / mo
Cash down
$140,000

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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