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Listed 11 days ago

107 Norwood Road

Westdale, Hamilton

$699,900

Detached|Bungalow
2 | 2 | 3
About this home

Charming and quaint bungalow located on a quiet street in North Westdale. Beautiful views of the recently upgraded Churchill park & steps to RBG trails. Walking distance to Westdale village/theatre & a bike ride to McMaster University. This lovely 2+2 bedroom home features original hardwood floors & period features. Valor Gas Fireplace & Gas Stove. Cedar Gate entrance to a fully fenced retreat back yard. Side door entrance to a partially finished lower level with a 2 piece bath/laundry. Perfect for the nature enthusiast. Rental and in-law potential.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$6,114
Lot Size35 ft x 100 ft
mls© NumberX13867994
Listed ByRoyal LePage Burloak Real Estate Services

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%
$3,582
Property tax
$509
Heat allowance
$150
Housing costs
$4,242 / mo

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

Down payment20% · $139,980
25-yr amortization

Income needed

$131,000

gross annual household income

Payment at 4%
$2,945 / mo
Cash down
$139,980

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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