31 Kinrade Avenue
Gibson, Hamilton
$499,905
Wonderful family home with three bedrooms on second level and main floor bedroom or family room. Functional kitchen with room for a family table. Huge work shop has hydro and is ideal for an in home business with access to alley Via garage door. Charming stone outdoor bbq/pizza oven for quaint family dinners.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,176 |
| Lot Size | 21.66 ft x 102 ft |
| mls© Number | X13811390 |
| Listed By | CITY 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%
- $2,559
- Property tax
- $265
- Heat allowance
- $150
- Housing costs
- $2,973 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$91,000
gross annual household income
- Payment at 4%
- $2,104 / mo
- Cash down
- $99,981
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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