85 Melbourne Street

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$350,000

85 Melbourne Street

Kirkendall, Hamilton · MLS® X13450216

Land · Vacant Land · 130 days on market

listed by KATIE REYNOLDS, ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

realtor's description

Prime residential building lot in the heart of the highly sought-after Kirkendall neighbourhood. This 24.21 x 151.60 ft SERVICED property offers proposed plans for a legal duplex w/ in-law suite, featuring approximately 2,400 sq ft of above-grade living space. An exceptional opportunity to create your dream home or a profitable investment property in a mature, thriving area with significant development underway. Ideally situated between Dundurn St S and Locke St S, just minutes from shops, restaurants, parks, trails, McMaster University, hospitals, and with directaccess to Highway 403.

property details

type: Land, Vacant Land
parking: 5
property tax: $3,638 / yr
days on market: 130
MLS®: X13450216

monthly cost

$1,828/mo

Mortgage $1,525 · Tax $303

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$1,525/ monthly

loan $280,000

25-year amortization

down payment20% · $70,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $177,475
cash to close: $70,000; down payment; transfer tax and fees not included
total paid: $457,475

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.