524 East 16th Street
Hill Park, Hamilton
$699,000
Welcome to 524 East 16th Street, a wonderful opportunity to own a beautiful home in the sought-after Hamilton Mountain community! This inviting property offers a comfortable layout, spacious living areas, and plenty of potential for families, first-time buyers, or investors. Enjoy the convenience of being close to schools, parks, shopping, restaurants, public transit, and major routes, making everyday living easy and accessible. The Hamilton Mountain location offers a great balance of peaceful residential living and convenient access to everything you need.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $5,923 |
| Lot Size | 100 ft x 50 ft |
| mls© Number | X13809658 |
| Listed By | RE/MAX REAL ESTATE CENTRE 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%
- $3,578
- Property tax
- $494
- Heat allowance
- $150
- Housing costs
- $4,221 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$130,000
gross annual household income
- Payment at 4%
- $2,942 / mo
- Cash down
- $139,800
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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