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Stoney Creek, Hamilton
$899,900
Welcome to 38 Deerhurst Rd in Stoney Creek - an incredible investment opportunity or ideal live-and-rent setup in a prime, family-friendly location close to top schools, parks, and shopping. Offering 2,400 sq. ft. of finished living space, this beautifully updated property features two modern kitchens with updated appliances, updated bathrooms, 5 generous bedrooms (3 upstairs, 2 downstairs), and separate laundry facilities on both the upper and lower levels for maximum convenience and privacy. The home boasts versatile, light-filled spaces, including a spacious main family room plus an amazing secondary family room or formal dining room situated at the rear. Set on an oversized lot, the exterior includes a massive backyard and a detached garage perfect for extra storage, parking, or workshop potential. Whether you are looking to maximize high-yield rental returns across both levels or live comfortably in one unit while collecting rent from the other to offset your mortgage, this turn-key property offers limitless potential for both homeowners and savvy investors alike.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,681 |
| Lot Size | 62.75 ft x 151.21 ft |
| mls© Number | X13882154 |
| Listed By | RE/MAX ESCARPMENT GOLFI 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%
- $4,606
- Property tax
- $390
- Heat allowance
- $150
- Housing costs
- $5,146 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$158,000
gross annual household income
- Payment at 4%
- $3,787 / mo
- Cash down
- $179,980
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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