85 LOCKE Street South, Hamilton, Ontario, L8P4A3




Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$599,000
Hamilton
This 5-bedroom, 1-bathroom home in Hamilton is for sale offering roughly 2,023 sq ft of space. Listed at $599,000, it is attractively priced about 20% below the $749,900 median asking price in Hamilton. It has been on the market 56 days, fresher than the Hamilton average of 65 days.
Over 2,000 sq.ft in one of Hamilton's most sought-after locations! Situated on trendy Locke Street and scones from the future LRT, this property offers incredible flexibility for residential, multi-unit or mixed-use purposes. Potential for four units, restaurant, retail and more. Currently functions as single family. Preliminary drawings available. Vacant possession. A fantastic opportunity for investors, renovators, first-time buyers or aspiring business owners. Steps to Hamilton's finest cafes, restaurants, parks and schools. Don't miss this opportunity on Locke Street! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 56 days on market, against an average age of 65 days across the listings currently for sale in this city
This 5-bed single family in Hamilton has been listed for 56 days, which is 9 days fresher than the city average of 65. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $599,000, about 10.3× the local median household income of $58,000.
Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 102% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8P)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice