12 Rainham Street
Quinndale, Hamilton
$599,900
Welcome to this 3+1 bedroom, 2 bathroom brick bungalow featuring updated kitchen & bathrooms. The separate entrance to the basement offers excellent in law potential. Conveniently located close to the linc, schools, parks, shopping and public transit. A great opportunity for families or multi-generation living! Some pictures are virtually staged.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,920 |
| Lot Size | 46 ft x 100 ft |
| mls© Number | X13866886 |
| Listed By | REALTY NETWORK |
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%
- $3,071
- Property tax
- $410
- Heat allowance
- $150
- Housing costs
- $3,631 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$112,000
gross annual household income
- Payment at 4%
- $2,524 / mo
- Cash down
- $119,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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