11 Elm Street
Blakeley, Hamilton
$449,900
Great opportunity for Starter/renovator. Ideal downtown location on dead end street close to Gage Park. A little sweat equity could go a long way with this home. Spa like bathroom already updated and most of the plaster has been replaced with drywall. Electrical, plumbing and most windows have been replaced. Home needs a new kitchen and general finishing throughout. Book you private viewing today and don't miss out on this opportunity.
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | 100+ |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,826 |
| Lot Size | 22 ft x 100 ft |
| mls© Number | X13856012 |
| Listed By | REALTY NETWORK |
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%
- $2,303
- Property tax
- $402
- Heat allowance
- $150
- Housing costs
- $2,855 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$88,000
gross annual household income
- Payment at 4%
- $1,893 / mo
- Cash down
- $89,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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