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Listed 8 days ago

38 Deerhurst Road

Stoney Creek, Hamilton

$899,900

Detached|Bungalow
3 | 2 | 8
About this home

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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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,681
Lot Size62.75 ft x 151.21 ft
mls© NumberX13882154
Listed ByRE/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.

Down payment20% · $179,980
25-yr amortization

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 check

Investment Analysis

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

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