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Listed 11 days ago

331 Strathearne Avenue

Homeside, Hamilton

$799,990

Detached|2-Storey
3 | 3 | 2
About this home

This is a rare opportunity to own a brand new, fully detached home in a rapidly developing East Hamilton neighbourhood. Now available preconstruction at Strathearne Avenue, this thoughtfully designed home will be built for you from the ground up. All permits and plans are in place, and construction will be completed on your behalf. The finished 1,737 sqft. home will feature three bedrooms, three bathrooms, and an attached garage. The design includes a modern open-concept main floor, a spacious kitchen and living area, and quality finishes throughout. The basement will include a separate entrance and rough-ins for a future legal additional dwelling unit (ADU), providing flexibility for added income or multi-generational living. This is a fully serviced lot, with water, sewer, and utilities already at the lot line and ready for hookup. Buyers will have the opportunity to select certain finishes and features to personalize the home to their taste. Enjoy the convenience of a turnkey experience with no need to manage permits or construction timelines. Secure your new home at today's pricing and move into a brand new build tailored to you.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNew
Size1500-2000 sq. ft.
Property Tax---
Lot Size25 ft x 95 ft
mls© NumberX13869452
Listed ByRE/MAX ESCARPMENT 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 estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,095
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$4,245 / mo

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

Down payment20% · $159,998
25-yr amortization

Income needed

$131,000

gross annual household income

Payment at 4%
$3,366 / mo
Cash down
$159,998

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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