197 Craigroyston Road
Bartonville, Hamilton
$725,000
Income producing ,Solid Custom Built Brick, 3+1 Bedroom Bungalow in a Sought-After Neighbourhood with 2 Full Baths. Huge Kitchen with Stackable Separate Laundry. Oak Hardwood Flooring, All 3 good sized Bedrooms and Living/Dining. This home has a Finished Basement Apartment with Partial Unfinished Space to create another Rental Unit. The Basement is already rented to a nice small Family, willing to stay. Driveway may accommodate upto 5 Cars.Possible to create another rental unit in the basement . Upgraded Electrical Panel 200Amps. Don't Miss Out this incredible Opportunity to Own a Desireable Bungalow in a Prime Location.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,200 |
| Lot Size | 40 ft x 95.75 ft |
| mls© Number | X13884920 |
| Listed By | ROYAL LEPAGE CERTIFIED REALTY |
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%
- $3,711
- Property tax
- $267
- Heat allowance
- $150
- Housing costs
- $4,128 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$127,000
gross annual household income
- Payment at 4%
- $3,051 / mo
- Cash down
- $145,000
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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