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Listed 11 days ago

88 Gage Avenue S

Stipley, Hamilton

$589,900

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

Steps to the entrance of Gage Park on the planned LRT route! This newly renovated all brick home features 4 bedrooms, 2 washrooms and a newly finished deck privately fenced backyard. Pot Lights throughout with new windows and flooring. Loads of pride in ownership! friendly neighbors, safe streets, and a mix of long term residents and young families. Separate entrance to a potential 2 bedroom suite in the basement for that extra income or in-law suite. Walking Height Attic for that extra storage. Ample parking and shed for storage .

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$3,360
Lot Size34 ft x 91.33 ft
mls© NumberX13867194
Listed ByRE/MAX TWIN CITY 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%
$3,019
Property tax
$280
Heat allowance
$150
Housing costs
$3,449 / mo

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

Down payment20% · $117,980
25-yr amortization

Income needed

$106,000

gross annual household income

Payment at 4%
$2,482 / mo
Cash down
$117,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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