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Price Change$719,000

196 TUXEDO Avenue

Delta, Hamilton

$665,000

Detached|Bungalow
3 | 2 | 4
About this home

Welcome to this beautifully maintained 3+2 bungalow offering a perfect blend of comfort, functionality, and investment potential. Featuring 3 spacious bedrooms on the main level and 2 additional bedrooms in the fully finished lower level, this home is ideal for families, multi-generational living, or investors.The main floor boasts a bright and inviting living area with large windows that fill the space with natural light, a functional kitchen with ample cabinetry, and a dining area perfect for family gatherings. Well-sized bedrooms and a full bathroom complete the upper level. The lower level offers a separate living space with 2 bedrooms, a second kitchen and a full bathroom-ideal for in-law suite potential or rental income.The backyard features a deck ideal for family gatherings and outdoor entertaining.Situated in a desirable Hamilton neighbourhood, close to schools, parks, shopping, public transit and major highways. A fantastic opportunity for homeowners and investors alike-move-in ready with excellent income potential.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,598
Lot Size42.09 ft x 102.21 ft
mls© NumberX13141126
Listed ByTHE CANADIAN HOME REALTY INC.

Listing History

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  • 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%
$3,404
Property tax
$383
Heat allowance
$150
Housing costs
$3,937 / mo

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

Down payment20% · $133,000
25-yr amortization

Income needed

$121,000

gross annual household income

Payment at 4%
$2,798 / mo
Cash down
$133,000

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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