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Listed 10 days ago

284 East 21st Street

Eastmount, Hamilton

$649,777

Detached|1 1/2 Storey
2 | 2 | 3
About this home

Discover a versatile and beautifully maintained 1.5 story home offering exceptional flexibility for families, multi-generational living, or those looking for income potential. Thoughtfully arranged with two separate living spaces, this home provides plenty of room to adapt to a variety of lifestyles. The main living area extends across the main and upper levels and features two comfortable bedrooms, a full bathroom, its own kitchen and dedicated laundry facilities. Hardwood flooring adds warmth and character, while the kitchen is finished with stainless steel appliances and granite countertops, creating a functional and inviting space for everyday living and entertaining. A separate side entrance provides access to the finished lower level, which is set up for in-law suite living and includes two additional bedrooms, a second kitchen, a 3-piece bathroom, comfortable living space and its own separate laundry room. This layout offers excellent privacy and flexibility for extended family, older children, guests or potential rental use. The home can easily function as one spacious single-family residence while also offering the ability to maintain separate living arrangements, making it an attractive option for both homeowners and investors. Outside, enjoy a large backyard with plenty of space for entertaining, relaxing or creating your own outdoor retreat. A fire pit provides the perfect gathering place for summer evenings, while the welcoming porch adds to the home's charm. Additional peace of mind comes with the furnace and air conditioning systems having been updated in 2018. Combining character, functionality and multiple living possibilities, this property presents a unique opportunity for buyers looking for a home that can evolve with their needs.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,358
Lot Size40 ft x 112 ft
mls© NumberX13871736
Listed ByRE/MAX ESCARPMENT 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%
$3,326
Property tax
$363
Heat allowance
$150
Housing costs
$3,839 / mo

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

Down payment20% · $129,955
25-yr amortization

Income needed

$118,000

gross annual household income

Payment at 4%
$2,734 / mo
Cash down
$129,955

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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