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Listed 9 days ago

7 Hanover Place N

Vincent, Hamilton

$749,900

Detached|Bungalow-Raised
3 | 2 | 7
About this home

Welcome to 7 Hanover Place! This spacious 5 bedroom, 2 bathroom raised bungalow is tucked away in a quiet, mature pocket located in a very sought after neighbourhood. Offering a surprisingly spacious layout that feels bigger than it looks, this home features a 6 car driveway and single car garage with convenient interior access.The bright main level offers 3 generous bedrooms, an eat-in kitchen with three brand new stainless steel appliances, a separate dining room and a spacious living room. The lower level features 2 additional bedrooms, a large recreation room, a full bathroom and an oversized laundry room with a workshop. A separate rear entrance provides excellent potential for an in-law suite or additional living space.Enjoy a private backyard and a convenient location just 2 minutes to the Red Hill Parkway, with shopping, schools, parks and amenities nearby.Whether you're a first-time homebuyer, growing family, downsizer or looking for multi-generational living, this well-cared-for home offers space, flexibility and endless potential. Thoughtfully cared for and ready for its next chapter, bring your personal touch and make this home your own!

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow-Raised
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$5,310
Lot Size55 ft x 100 ft
mls© NumberX13832572
Listed ByRIGHT AT HOME REALTY

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%
$3,838
Property tax
$443
Heat allowance
$150
Housing costs
$4,431 / mo

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

Down payment20% · $149,980
25-yr amortization

Income needed

$136,000

gross annual household income

Payment at 4%
$3,156 / mo
Cash down
$149,980

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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