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Listed 1 month ago

79 Kimberly Drive

Rosedale, Hamilton

$838,800

Detached|Backsplit 4
3 | 2 | 5
About this home

Great Opportunity For Investors And Families In Hamilton's Highly Sought-After Rosedale Area On The Hamilton Escarpment. This Beautifully Maintained Four-Level Backsplit Offers Over 2,000 Sq. Ft. Of Carpet-Free Living Space, With 3 + 3 Bedrooms, 2 Baths, Two Kitchens, Two Washrooms, And Two Laundry Areas. Enjoy A Bright Eat-In Kitchen With A Sliding Door To The Walkout, A Skylight, A Large Family Room With A Fireplace, And A Separate Walk-Up Entrance (Ideal For Extended Family Or Rental Potential). The Home Also Features A Private Fenced Backyard And A Lovely Playground Area For Children Offering Endless Possibilities And A Must-See Property.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBacksplit 4
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$4,501
Lot Size53.58 ft x 145.67 ft
mls© NumberX13734218
Listed ByROYAL LEPAGE FLOWER CITY REALTY

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%
$4,293
Property tax
$375
Heat allowance
$150
Housing costs
$4,818 / mo

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

Down payment20% · $167,760
25-yr amortization

Income needed

$148,000

gross annual household income

Payment at 4%
$3,530 / mo
Cash down
$167,760

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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