163 HESS Street S
Durand, Hamilton
$650,000
Highly sought after Durand cottage with parking for two cars, charming courtyard and deck areas, large loft primary bedroom with ensuite bath and large closet, updated kitchen includes appliances, spacious 1r/dr areas and another full bath and second bedroom or office on the main floor. Walkable to Locke St, Hess Village, downtown entertainment precinct, James St north and south. Bike to Pier 4! A great opportunity for your own affordable space in a popular urban location with quick highway and GO access.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 100+ |
| Size | 700-1100 sq. ft. |
| Property Tax | $7,101 |
| Lot Size | 44.09 ft x 51.26 ft |
| mls© Number | X13732192 |
| 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%
- $3,327
- Property tax
- $592
- Heat allowance
- $150
- Housing costs
- $4,069 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$125,000
gross annual household income
- Payment at 4%
- $2,735 / mo
- Cash down
- $130,000
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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