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Price Change$399,000

33 Cedar Avenue

Blakeley, Hamilton

$375,000

Detached|2 1/2 Storey
5 | 3 | 2
About this home

Attention investors, renovators, and contractors! This 2.5-storey home presents an incredible opportunity to restore and transform a character-filled property in the heart of Hamilton's vibrant downtown core. Situated in a prime location, you'll enjoy easy access to restaurants, shops, public transit, schools, hospitals, parks, and major highway connections. Whether you're looking for your next renovation project, a potential income property, or a chance to add value in a sought-after neighbourhood, the possibilities here are endless. Bring your vision and creativity-this property requires substantial updates but offers exceptional potential for those looking to capitalize on its location and classic 2.5-storey layout. Property is being sold in as-is, where-is condition.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2 1/2 Storey
Approx. Age100+
Size1500-2000 sq. ft.
Property Tax$4,842
Lot Size24 ft x 95 ft
mls© NumberX13550102
Listed ByRE/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%
$1,919
Property tax
$404
Heat allowance
$150
Housing costs
$2,473 / mo

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

Down payment20% · $75,000
25-yr amortization

Income needed

$76,000

gross annual household income

Payment at 4%
$1,578 / mo
Cash down
$75,000

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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