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Listed 8 days ago

504 E Brucedale Avenue E

Eastmount, Hamilton

$599,999

Detached|1 1/2 Storey
3 | 3 | 6
About this home

Detached corner-lot home, fully renovated, with a legal basement apartment (2nd dwelling). This top-to-bottom transformation on Hamilton Mountain offers 3+1 bedrooms, a den and 3 full bathrooms, one on every level. The bright main floor flows from the living room to a separate dining area and a kitchen, with a bedroom and full bath on the main level. Upstairs you'll find two more bedrooms and another full bath. Downstairs, a one-bedroom plus den apartment with its own separate side entrance, kitchen, laundry and bathroom comes with a City of Hamilton occupancy permit for the additional dwelling unit. It suits in-laws, extended family or rental income (buyer to verify zoning, use and registration). Enjoy a large detached garage and parking on three sides for 6+ vehicles. Lime Ridge Mall, Walmart, Fortinos, No Frills and banks are a short drive away, with all daily needs within about 2 km. Move in, rent the lower level or invest. Book your showing today!

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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$4,407
Lot Size42 ft x 100 ft
mls© NumberX13882322
Listed ByIQI GLOBAL REAL ESTATE

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%
$3,071
Property tax
$367
Heat allowance
$150
Housing costs
$3,588 / mo

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

Down payment20% · $120,000
25-yr amortization

Income needed

$110,000

gross annual household income

Payment at 4%
$2,525 / mo
Cash down
$120,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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