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Listed 1 month ago

292 Glenholme Avenue

Glenview, Hamilton

$739,900

Detached|Bungalow
3 | 4 | 7
About this home

LEGAL DUPLEX - Welcome to this beautifully renovated detached bungalow in a highly sought-after neighbourhood. Perfect for families, investors, or multi-generational living, this exceptional home offers a legal 2-bedroom, 2-bathroom basement apartment complete with a separate entrance and private laundry, creating outstanding rental income potential.The main level features 3 spacious bedrooms, including a primary suite with a private ensuite bath, an additional full bathroom, and a stunning open-concept layout. Both the main floor and basement showcase modern kitchens with quartz countertops, quality MDF cabinetry, pot lights, upgraded bathrooms, stylish accent walls, and premium finishes throughout.Total 4 full baths! This turnkey property comes fully equipped with brand-new appliances including 2 stoves, 2 refrigerators, 2 dishwashers, and separate washer and dryer sets for each unit. Recent upgrades include a new furnace, new air conditioner, upgraded 200 AMP Electric Panel and a detached garage finished with durable epoxy flooring.Situated on a family-friendly street with two separate driveways and parking for up to 6 vehicles, this home offers the perfect blend of comfort, functionality, and investment potential. A rare opportunity to own a move-in-ready property with a legal income-generating basement apartment in one of Hamilton's most desirable communities.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,454
Lot Size80.25 ft x 96.42 ft
mls© NumberX13729556
Listed ByFLAGSHIP 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%
$3,787
Property tax
$371
Heat allowance
$150
Housing costs
$4,308 / mo

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

Down payment20% · $147,980
25-yr amortization

Income needed

$133,000

gross annual household income

Payment at 4%
$3,114 / mo
Cash down
$147,980

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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