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Stoney Creek, Hamilton
$889,000
**TURNKEY LEGAL TRIPLEX OPPORTUNITY** in **STONEY CREEK/HAMILTON**. Fully renovated in the last 12 months with PERMITS. New Plumbing, Electric, and all finishes. Separate Hydro meter for each unit. Detached 2-storey property configured with **THREE INCOME-GENERATING UNITS**, Current GROSS RENT **$5,900/MONTH** . Main, upper, and lower units offer updated finishes, separate living spaces, and strong rental appeal. Excellent option for investors seeking **CASH FLOW** in a mature neighbourhood close to transit, shopping, schools, parks, and highway access.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,165 |
| Lot Size | 67.87 ft x 54.75 ft |
| mls© Number | X13856900 |
| Listed By | EXP 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%
- $4,550
- Property tax
- $347
- Heat allowance
- $150
- Housing costs
- $5,047 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$155,000
gross annual household income
- Payment at 4%
- $3,741 / mo
- Cash down
- $177,800
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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