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New5 days ago

88 Eringate Court

Stoney Creek Mountain, Hamilton

$1,550,000

Detached|2-Storey
4 | 4 | 7
About this home

Welcome to 88 Eringate Court, a spacious home situated on a quiet court on Stoney Creek Mountain. Positioned on a premium pie-shaped lot, this property offers great curb appeal and generous space, complete with a double-car garage featuring direct inside entry and a long driveway with parking for up to six vehicles. Step inside to discover high-end finishes throughout a thoughtfully designed layout featuring 4 + 1 generous bedrooms and 3.5 bathrooms. The main living area boasts high ceilings and upgraded flooring, centered around a cozy gas fireplace perfect for everyday living and entertaining .Designed for versatility, the property features two full kitchens, including a fully finished lower-level basement suite. This setup provides an ideal secondary living space or an amazing recreation area. Outside, the premium pie-shaped lot opens up endless possibilities for outdoor living, patio dining, or creating a private backyard retreat, all while being minutes away from local schools, parks, shopping, and major highways like the QEW and Red Hill Valley Parkway.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. Age6-15
Size2500-3000 sq. ft.
Property Tax$8,903
Lot Size34.68 ft x 142.57 ft
mls© NumberX13848092
Listed ByRE/MAX ESCARPMENT REALTY INC.

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%
$7,934
Property tax
$742
Heat allowance
$150
Housing costs
$8,826 / mo

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

Down payment20% · $310,000
25-yr amortization

Income needed

$272,000

gross annual household income

Payment at 4%
$6,523 / mo
Cash down
$310,000

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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