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Listed 13 days ago

1279 Hamilton Street

, Cambridge

$465,000

Detached|1 1/2 Storey
3 | 2 | 4
About this home

Welcome to 1279 Hamilton Street, a fantastic opportunity to own a detached home in Cambridge and make it your own! Offering 3 bedrooms and 2 bathrooms, this home is full of potential and ready for its next owners to bring their ideas and personal style to life. Whether you're a first time buyer looking to get into the detached market, a renovator searching for your next project, or simply someone who wants the freedom to update a home to suit your own taste, this property offers an exciting opportunity. Located in the established Preston area of Cambridge, you'll enjoy convenient access to everyday amenities, parks, schools, shopping and major routes, while still being part of a mature community. With detached homes becoming increasingly difficult to find at an approachable price point, 1279 Hamilton Street is your chance to stop renting or move beyond condo living and invest in a property you can truly call your own. Bring your vision and discover the possibilities this Cambridge home has to offer! The kitchen and living room have been virtually staged.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,355
Lot Size50 ft x 80 ft
mls© NumberX14084616
Listed ByRed And White 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%
$2,380
Property tax
$363
Heat allowance
$150
Housing costs
$2,893 / mo

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

Down payment20% · $93,000
25-yr amortization

Income needed

$89,000

gross annual household income

Payment at 4%
$1,957 / mo
Cash down
$93,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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