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Stoney Creek, Hamilton
$719,000
Looking to run your business out of your home? Or live upstairs and rent the rest? This rare mixed-use raised bungalow opportunity in Stoney Creek has a lot to offer. Its perfect for the entrepreneurial buyer who dreams of running their own business while keeping family life steps away. Zoned for professional services including wellness, tutoring, hairdresser, massage massage therapy, childcare, repair or hospitality/short-term rental and more.... Parking for six vehicles, high-visibility frontage, along with direct access to Highway 8 and QEW. Aprox. 2000 square feet of bright living space features hardwood floors, four bedrooms (or three plus office). The office space on the main floor was a Kitchen area in the past and can be easily converted back to the 2nd Kitchen as all plumbing is still there, and Full Bathrm. The ground lvl has a Large kitchen with walkout to the yard, sitting area, full Bathrm and oversized (1.5 car ) garage. Large lot offers a pergola-covered patio, shed and more. Minutes to the lake, schools, soccer fields, arenas, marina, parks, Costco and shopping mall. Own your workplace!
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,650 |
| Lot Size | 35.76 ft x 169.95 ft |
| mls© Number | X13757028 |
| Listed By | BOLDT REALTY INC., BROKERAGE |
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%
- $3,680
- Property tax
- $388
- Heat allowance
- $150
- Housing costs
- $4,218 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$130,000
gross annual household income
- Payment at 4%
- $3,026 / mo
- Cash down
- $143,800
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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