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New1 day ago

201 Strathearne Avenue

Homeside, Hamilton

$489,000

Detached|Backsplit 3
3 | 2 | 2
About this home

Attention First Time Buyers! This 3 Bed 1.5 Bath Charming Backsplit is Bigger than it looks! FRESHLY Painted throughout & Carpet-free. Located on a QUIET street directly across from greenspace with TWO driveway parking spaces. Lots of street parking for guests. Fully fenced backyard with shed & sep side door entrance to partial finished bsmt. This home features an Open Concept Living/Dining Room, 3 Bedrooms, 4 Pc Bath, Spacious Kitchen & Finished Bsmt Rec Room with Combined Laundry & 2 Pc Bathroom. Great location close to shopping, schools, parks & Hwy access. A Must See!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBacksplit 3
Approx. Age100+
Size700-1100 sq. ft.
Property Tax$3,228
Lot Size28 ft x 111.5 ft
mls© NumberX14086708
Listed ByONE PERCENT REALTY LTD.

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%
$2,503
Property tax
$269
Heat allowance
$150
Housing costs
$2,922 / mo

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

Down payment20% · $97,800
25-yr amortization

Income needed

$90,000

gross annual household income

Payment at 4%
$2,058 / mo
Cash down
$97,800

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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