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Gibson, Hamilton
$1,076,900
This character-filled circa 1911 home situated on a double lot, showcases timeless architectural details including leaded art-glass windows, pocket doors, coffered wood beam ceilings and five fireplaces. The spacious main floor offers an open concept kitchen and living area with excellent flow for everyday living and entertaining. The kitchen features granite countertops, an undermount sink, 6 burner gas range, double built-in ovens, under cabinet and interior cabinet lighting, and a large centre island. The adjoining living room features a fireplace and expansive windows overlooking the private, landscaped backyard. Upstairs, the generous primary bedroom includes a fireplace, along with three additional bedrooms, a 4 piece bathroom and walkout to a rooftop terrace. The expansive third floor offers flexible space for a family room, games room, home office, studio or additional living area. The high basement has been converted to an income suite with a separate side entrance, kitchenette, bedroom, recreation area, laundry and 3-piece bathroom Outside, enjoy a cabana, on-ground pool, gazebo and multiple areas for relaxing and entertaining. An oversized covered front porch adds another inviting outdoor space. Impressive 80 feet of frontage, a single car garage, mature landscaping and great curb appeal. Conveniently located near the Bruce Trail, Gage Park, Rosedale Tennis Club, Bernie Morelli Recreation Centre, Jimmy Thompson Memorial Pool, transit and schools.
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | 100+ |
| Size | 3500-5000 sq. ft. |
| Property Tax | $8,908 |
| Lot Size | 79.96 ft x 105 ft |
| mls© Number | X13746966 |
| 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%
- $5,512
- Property tax
- $742
- Heat allowance
- $150
- Housing costs
- $6,404 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$197,000
gross annual household income
- Payment at 4%
- $4,532 / mo
- Cash down
- $215,380
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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