93 HOWARD Avenue
Balfour, Hamilton
$499,900
This 2 storey 3-bedroom 2.5 bathroom home with garage (22'3X 12') is conveniently located close to Mohawk College, Superstores, shopping and transit. Offering second-floor laundry, a basement unit, and plenty of opportunity to update and personalize, this property is well suited for investors or buyers with vision. Two of the upper bedrooms have 10ft ceilings. Homes has 2 Gas fireplaces. Oak staircases to upper and basement. 200AMP Service. Flexible 30-60 day closing. Sold As is where is.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 51-99 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $6,557 |
| Lot Size | 50 ft x 103 ft |
| mls© Number | X13225828 |
| 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%
- $2,559
- Property tax
- $546
- Heat allowance
- $150
- Housing costs
- $3,255 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$100,000
gross annual household income
- Payment at 4%
- $2,104 / mo
- Cash down
- $99,980
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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