$389,900

For sale

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278 Cochrane Road, Hamilton (Bartonville) - Single Family for Sale

278 Cochrane Road, Hamilton (Bartonville), Ontario, L8M3G6

2 beds1 bath3 parking ft²

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Listed by NEW WORLD 2000 REALTY INC.

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Listed by CRIMSON REALTY POINT INC.

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For sale

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$520K

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3 bd1 ba5 pk1,300 ft²Lot size 34 × 139 ft (4,733 sq ft)

Listed by RE/MAX ESCARPMENT REALTY INC.

197 Craigroyston Road, Hamilton (Bartonville), Ontario, L8K3K2

For sale

25 days ago

$725K

197 Craigroyston Road, Hamilton (Bartonville), Ontario, L8K3K2

5 bd2 ba3 pk1,300 ft²Lot size 40 × 96 ft (3,832 sq ft)

Listed by ROYAL LEPAGE CERTIFIED REALTY

Investment analysis

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$389,900

Hamilton

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40 × 100 ft (3,980 sq ft) lot size

Overview

This 2-bedroom, 1-bathroom home in Hamilton is for sale offering roughly 900 sq ft of space. Listed at $389,900, it is attractively priced about 29% below the $549,900 median asking price in Hamilton.

Houses for Sale in Hamilton →All real estate in Hamilton →

Description

WELCOME TO 278 COCHRANE--A CHARMING DETACHED HOME BRIMMING WITH OPPORTUNITY AND POTENTIAL. WHETHER YOU'RE A FIRST-TIME HOME BUYER LOOKING TO STEP INTO HOME OWNERSHIP OR AN INVESTOR SEEKING AN INCOME PRODUCING PROPERTY, THIS RESIDENCE IS CONVENIENTLY LOCATED IN THE HAMILTON AREA SURROUNDED BY MANY AMENITIES. FEATURES 2 BEDROOMS AND SITS ON A GENEROUS, FULLY FENCED YARD, PERFECT FOR ENTERTAINING. THE DRIVEWAY ACCOMMODATES PARKING FOR UP TO 3 CARS. CLOSE TO HWY, SCHOOLS, PLACE OF WORSHIP. WITH A LITTLE TENDER CARE, IT HAS THE POTENTIAL TO SHINE, REFLECTED IN THE PRICED-TO-SELL VALUE. PROPERTY IS TENANTED. ALLOW 24 HOURS NOTICE FOR ALL SHOWINGS. DON'T MISS YOUR OPPORTUNITY TO MAKE IT YOUR OWN! (id:66096)

Property Details

MLS®: X13695696
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 3
Interior Size: 900 ft²
Lot Size: 40 × 100 ft (3,980 sq ft)
Frontage: 40 ft
Storeys: 1
Basement: Full
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $5,743.42/yr
Listed: 76 days ago

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Window Coverings
Foundation: Block, Concrete
Exterior: Aluminum siding, Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

76d

Hamilton (Bartonville) listings, avg age

61d

Price / ft²

$433

List price

$390K

Haho

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Listed by CENTURY 21 GREEN REALTY INC. · DIANA CHAITRAM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L8M)

This home lists at $389,900, about 6.4× the local median household income of $61,200.

Carrying it typically needs a household income of about $76,161 (20% down, 25-yr amortization, stress-tested) — roughly 24% above the area median.

Median household income: $61,200
Population: 13,774
Median age: 38.4
Owner / renter: 40% / 60%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA L8M)

$389,900· $433/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,495

Min 5%50%

Mortgage payment$2,054/mo

↳ CMHC premium ($14,816 capitalized)

Property tax (est.)$479/mo

Total monthly$2,532

Cash Needed to Close

Down payment (5%)$19,495

Land transfer tax$4,324

Est. closing costs$3,670

Total cash needed$27,489

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