16 Kingsmount Street
Ainslie Wood, Hamilton
$745,000
Fantastic opportunity for large families or savvy investors in a quiet, well-established neighbourhood just steps from McMaster University. This house offers 4 spacious bedrooms on the upper level and a finished basement. Also, it's exceptional flexibility for multi-generational living, student housing, or income potential. Currently, 2 rooms are rented, making it a high-yield investment opportunity. The property has 5 parking spaces, including 1 garage spot and 4 additional driveway spaces. Close to shopping centers, schools, and other amenities. Book your showing today and move forward with confidence! Don't miss out on this rare opportunity!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $6,752 |
| Lot Size | 36.04 ft x 100 ft |
| mls© Number | X13749134 |
| Listed By | CENTURY 21 PARAMOUNT 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%
- $3,813
- Property tax
- $563
- Heat allowance
- $150
- Housing costs
- $4,526 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$139,000
gross annual household income
- Payment at 4%
- $3,135 / mo
- Cash down
- $149,000
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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