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Price Change$949,900

261 Federal Street

Stoney Creek, Hamilton

$1,125,000

Detached|2-Storey
5 | 5 | 6
About this home

Over 3000 sq ft! Beautiful custom build in lower Stoney Creek on a massive 320' lot! Perfect for families and/or multi-generational homes, this 3+2 bedroom, 4.5 bathroom home has ample space inside and out! Step into the front hall with a two-storey ceiling and into the open concept main floor with dinning space, updated kitchen and great room; perfect for entertaining. Upstairs you'll find 3 sizeable bedrooms, a dedicated laundry room and a primary with en-suite. The basement was renovated in 2022 to include a separate side entrance to basement apartment featuring 2-bedrooms and 2-full bathrooms with 1 en-suite. Double car garage, ample parking and a massive backyard ready to be completed into a backyard oasis!

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$9,345
Lot Size45 ft x 320 ft
mls© NumberX13820500
Listed ByMICHAEL ST.JEAN REALTY INC.

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%
$5,758
Property tax
$779
Heat allowance
$150
Housing costs
$6,687 / mo

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

Down payment20% · $225,000
25-yr amortization

Income needed

$206,000

gross annual household income

Payment at 4%
$4,734 / mo
Cash down
$225,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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