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Inch Park, Hamilton
$674,888
Exceptional investment or multi-income opportunity on the central Hamilton Mountain! Situated on an expansive 45' x 140' deep lot, this spacious detached property offers over2,184 sq. ft. above grade across 3 self-contained living areas with 3 full kitchens and 3 full baths (7 total bedrooms). Rare mechanical setup featuring TWO separate gas furnaces and TWO central air conditioning units, offering distinct climate control and huge retrofit cost savings. The bright upper level features 3 bedrooms, full kitchen, 4-pc bath, and private balcony (currently tenant occupied at $1,775/mo). Main level offers 3 bedrooms, kitchen, bath, and yard walkout. Fully finished lower level in-law suite includes a bedroom, kitchenette, and 3-pc bath. Detached garage, parking for 4+ cars, large backyard deck, and above-ground pool. Prime location minutes to Juravinski Hospital, Concession Street shops, transit, and Mountain accesses. Incredible cash-flow potential or mortgage-helper setup.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $6,027 |
| Lot Size | 45 ft x 140 ft |
| mls© Number | X14083396 |
| Listed By | RE/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%
- $3,454
- Property tax
- $502
- Heat allowance
- $150
- Housing costs
- $4,107 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$126,000
gross annual household income
- Payment at 4%
- $2,840 / mo
- Cash down
- $134,978
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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