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$899,999
Available - For Sale
Listing ID: X12039031
Excellently located within walking distance to McMaster University, McMaster Hospital, and the iconic Westdale Village shopping and restaurant district, this property offers an incredible opportunity for both investors and families alike. With 8 masterfully laid-out rooms, each renting for between $800 and $990 per month to McMaster students, it promises a solid return on investment. Yes, you read that correctly-8 rooms. This property is fully carpet-free and has been significantly updated, including electrical upgrades in 2023. The basement ceiling height has been increased by lowering the floor and underpinning the foundation. With 3 full bathrooms, an updated kitchen, new floors and doors, and a spacious living and dining area, this home offers comfort and convenience. The main floor also features a laundry area. Over the past 2 years, approximately $90K has been spent on renovations, ensuring the property is in excellent condition. The listed square footage of 1,021 sqft is the actual above-grade area, plus an additional 375 sqft in the finished basement. Whether you're looking for a smart investment or a wonderful family home, this property can serve both purposes. Investors will appreciate the rental potential, while families will enjoy the spacious living areas and prime location. Investors and homeowners alike, this is a rare opportunity.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $54,950 $109,900 $164,850 $219,800
First Mortgage $1,044,050 $989,100 $934,150 $879,200
CMHC/GE $28,711.38 $19,782 $16,347.63 $0
Total Financing $1,072,761.38 $1,008,882 $950,497.63 $879,200
Monthly P&I $4,594.55 $4,320.96 $4,070.91 $3,765.55
Expenses $0 $0 $0 $0
Total Payment $4,594.55 $4,320.96 $4,070.91 $3,765.55
Income Required $172,295.77 $162,036.13 $152,659.04 $141,207.95

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ESCARPMENT GOLFI REALTY INC.

1161 King Stre West , Hamilton, L9S 1M3, Hamilton

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Westdale
Style: 1 1/2 Storey
Lot Size: x 110.11(Feet)
Approximate Age: 51-99
Tax: $6,023
Maintenance Fee: $0
Beds: 5+3
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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