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Listed 23 days ago

43 Lake Avenue N

Riverdale, Hamilton

$669,000

Detached|Bungalow
2 | 2 | 7
About this home

Nestled on the border of desirable Stoney Creek and a 5 minute drive to the new GO Station, this charming bungalow offers a blend of modern updates and cozy comfort, making it an ideal home for families and individuals alike. The property boasts a range of appealing features that enhance its practicality and aesthetic appeal. One of the key highlights is the updated kitchen, which showcases uniquely styled quartz countertops that add a touch of sophistication and elegance. The vinyl flooring throughout the home ensures durability and easy maintenance, creating a seamless flow from room to room. The main bathroom features a soothing soaker tub, perfect for relaxing after a busy day, providing a spa-like experience within the comforts of home. The principal bedroom is spacious and includes a substantial wardrobe, offering ample storage space for clothing and personal items. For entertainment and family gatherings, the large recreation room stands out with its vinyl flooring and trendy industrial-style open ceiling, creating a modern and inviting atmosphere for leisure and social activities. Additional storage and practicality are catered to by the furnace room, which provides generous space for storage and a workshop area, making it convenient for home projects and organizational needs. Step outside to discover a large deck and an enormous backyard backing onto green space, creating a private oasis for outdoor activities. The backyard's size and enclosed design make it perfect for families with children and pets, offering a secure environment for outdoor play. Furthermore, a separate garage located at the back of the property with side access provides additional parking and storage options. The overall layout and features of this bungalow make it a perfect family home or a peaceful retreat for anyone seeking comfort, style, and functionality.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,147
Lot Size49.54 ft x 132.52 ft
mls© NumberX13777642
Listed ByROYAL LEPAGE SIGNATURE 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%
$3,424
Property tax
$346
Heat allowance
$150
Housing costs
$3,920 / mo

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

Down payment20% · $133,800
25-yr amortization

Income needed

$121,000

gross annual household income

Payment at 4%
$2,815 / mo
Cash down
$133,800

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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