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New5 days ago

36 Sherman Avenue N

Stipley, Hamilton

$499,900

Detached|2 1/2 Storey
5 | 2 | 2
About this home

Welcome to 36 Sherman Ave N! This spacious 2.5 storey home offers a versatile layout with plenty of room for growing families, professionals or those looking for flexible work from home space. A welcoming front porch leads into the main floor foyer and bright open concept living and dining area, featuring hardwood floors and a large window that fills the space with natural light. The updated kitchen offers plenty of cabinetry, tile flooring and bar seating, making it a great space for everyday living and entertaining. Upstairs, the second level features a recently updated 4 piece bathroom, a generous primary bedroom and two additional bedrooms. Continue to the third floor where two large bonus rooms offer excellent flexibility as additional bedrooms, home offices, playrooms or hobby spaces. The unfinished basement provides additional storage, laundry and a 2 piece bathroom. Outside, enjoy a 21 x 106 ft lot with a tiered rear deck offering two separate entertaining areas, plus two car rear parking accessed from Garfield Ave N. Ideally located just steps from Tim Hortons Field and less than 10 minutes from the restaurants, shops and amenities of James St N and Ottawa St, with everyday conveniences close by.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2 1/2 Storey
Approx. Age100+
Size1500-2000 sq. ft.
Property Tax$2,912
Lot Size21 ft x 106.5 ft
mls© NumberX13847076
Listed ByRIGHT AT HOME REALTY

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
$243
Heat allowance
$150
Housing costs
$2,951 / mo

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

Down payment20% · $99,980
25-yr amortization

Income needed

$91,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$99,980

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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