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Listed 25 days ago

127 Whitney Avenue

Ainslie Wood, Hamilton

$780,000

Detached|Bungalow
2 | 2 | 2
About this home

Great Investment !!! Just 5 Mintues Walk To Mcmaster University. Updated kitchen and washroom. Carpet free . Bus Stop Right In Front Of House. Well Maintained Detached Raised-Bungalow. 2 B/Rms On Nain And 3 B/Rms In Bsmt. Newer Windows, 2 Big Maple Trees In The Back Yard. 50 Foot Lot. Also Possible To Apply To 24 Hrs Notice For All Showings Please, Please Include Schedule B & Form 801 When Making Any Offers. Deposit By Draft Or Certified Please. Fax Offers With 24 Hrs Irrevocable Please As Per Seller. Construct An Addition. Buyer To Make Their Own Inquiries With City.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$6,712
Lot Size50 ft x 100 ft
mls© NumberX13766644
Listed ByRE/MAX EXPERTS

Listing History

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  • 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%
$3,992
Property tax
$559
Heat allowance
$150
Housing costs
$4,702 / mo

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

Down payment20% · $156,000
25-yr amortization

Income needed

$145,000

gross annual household income

Payment at 4%
$3,282 / mo
Cash down
$156,000

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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