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Listed 1 month ago

172 Alderlea Avenue

Mount Hope, Hamilton

$890,000

Detached|2-Storey
3 | 4 | 6
About this home

Pride of ownership shines throughout this beautifully updated Mount Hope home. Thoughtfully renovated and meticulously cared for, this is the kind of home where the big projects have already been done, so you can simply move in and enjoy. The heart of the home is the custom-renovated kitchen, complemented by updated bathrooms with quartz countertops, a refreshed primary ensuite, newer flooring throughout both levels, fresh paint, updated fireplaces and modern energy-efficient lighting and fixtures. The vaulted family room adds an airy, inviting space for everyday living, while the finished basement offers exceptional flexibility with additional bedrooms, a full bathroom, recreation space and a den. Step outside and discover your own backyard retreat, complete with a restored and freshly stained deck and above-ground pool-perfect for summer entertaining, family time and making the most of warm-weather living. Set on a generous lot, with space to fit up to six parking spaces, this 4 bedroom, 4-bathroom home offers space, functionality and thoughtful updates in one of Mount Hope's established neighbourhoods. With convenient access to Upper James, Highway 6, Hamilton International Airport, schools, shopping and major commuter routes, this is a home that truly delivers on comfort, convenience and move-in-ready living. Beautifully updated. Exceptionally cared for. Ready for its next chapter.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. Age16-30
Size1500-2000 sq. ft.
Property Tax$6,522
Lot Size49.31 ft x 101.84 ft
mls© NumberX13723152
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%
$4,555
Property tax
$544
Heat allowance
$150
Housing costs
$5,249 / mo

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

Down payment20% · $178,000
25-yr amortization

Income needed

$162,000

gross annual household income

Payment at 4%
$3,745 / mo
Cash down
$178,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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