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New2 days ago

486 East 38th Street

Macassa, Hamilton

$776,000

Detached|1 1/2 Storey
5 | 2 | 22
About this home

It's almost impossible to imagine that this 1.5 storey home is just seconds to Mohawk Rd, highways and amenities. Positioned on a 215 ft deep lot this reimagined family space is private, turn key, and one of a kind for the area. Updated since 2017, this property features a newer roof,furnace, AC, owned water heater, plumbing, wiring, siding, deck, all upgraded lighting, two new bathrooms, and a massive chef's kitchen. The open concept main floor is airy and inviting with Cathedral ceilings and skylights, adding to the drama of the glass rail loft. With over 30 linear feet of cabinetry, Brazilian stone counters, smudge proof Samsung appliances, and a double basin sink, this kitchen is made for families and includes a breakfast bar, bright windows, and recessed lighting. Also on the main floor find two generous bedrooms, and an exceptional five piece bath, fully renovated to include a standalone soaker tub, double sinks, standup shower with rain showerhead, and loads of storage, don't over look the super deep linen closet! The fully finished basement was renovated in 2025 to accommodate two additional large bedrooms with windows and closets, along with a fresh three-piece bath. Interior waterproofing, loads of storage, easy access to systems, and a rough-in to accommodate in-laws or a basement bar! There's more if you can believe it, upstairs find a fantastic loft, which has been used for a bedroom and office, with access to an attic over the garage just waiting for your imagination. Attached garage features indoor entry to the main home, plus an additional detached garage with a full garage door, plus a utility shed. This exceptionally mature lot has no neighbours in sight, fruit trees, a farmers garden, an above grade pool, parking for 20+ vehicles. The lot size may present interesting rezoning opportunities for the right buyer!

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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$4,540
Lot Size51.11 ft x 215.45 ft
mls© NumberX14081766
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%
$3,972
Property tax
$378
Heat allowance
$150
Housing costs
$4,500 / mo

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

Down payment20% · $155,200
25-yr amortization

Income needed

$138,000

gross annual household income

Payment at 4%
$3,266 / mo
Cash down
$155,200

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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