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Price Change$749,900

33 Albert Street

Blakeley, Hamilton

$699,900

Detached|Bungalow-Raised
3 | 2 | 4
About this home

Exceptional Muliti-Gen Investment Opportunity! This impressive all-brick raised ranch is perfectly situated in the highly sought-after, mature and family-friendly Blakeley/St. Clair neighbourhood. Ideally located just minutes from Gage Park, schools, shopping, public transit and an abundance of amenities, this property offers an outstanding opportunity for investors, looking to supplement your mortgage or multi-generational living. Thoughtfully designed, the home features two spacious, beautifully updated units, each offering its own comfortable living space and amenities. Notable upgrades include an updated copper waterline, steel roof (2016), 9.6 kW solar panel system located on the rear/east side of the roof, two 100-amp hydro meters with surge suppression, updated PEX plumbing, large energy-efficient windows, two separate laundry facilities, individual HVAC controls, and a tankless water heater installed in 2018. The main level offers a bright, inviting living space, featuring 3 generous bedrooms, a stylish bathroom with double vanity, and an open-concept layout designed for both everyday living and entertaining. The showstopping eat-in kitchen boasts crisp white cabinetry, open shelving, a massive island with breakfast bar, and beautiful waterfall granite countertops. The lower-level unit adds additional living space, featuring 2 generously sized bedrooms, an updated full bathroom, and a bright open-concept layout complete with an updated eat-in kitchen with white cabinetry. Outside, enjoy a fully fenced yard, stamped concrete double-wide driveway, and an attached garage with convenient inside entry. The garage also provides the perfect shared storage space for both units. With its versatile layout, numerous updates, income-generating solar system, and unbeatable location, don't miss out on this one! RSA

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow-Raised
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$5,696
Lot Size39 ft x 108 ft
mls© NumberX13823094
Listed ByCOLDWELL BANKER COMMUNITY PROFESSIONALS

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%
$3,582
Property tax
$475
Heat allowance
$150
Housing costs
$4,207 / mo

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

Down payment20% · $139,980
25-yr amortization

Income needed

$129,000

gross annual household income

Payment at 4%
$2,945 / mo
Cash down
$139,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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