311 East 28th Street, Hamilton

We have found 6 Multifamily that closely match the specifications of the property located at 311 East 28th Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 1,499,000 and 2,299,999, providing a good range for comparison. Moreover, we have also discovered that there are a few open Multifamily in the L8V3J2 postal code area of Hamilton Ontario Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 311 East 28th Street. The current price of the property is $1,699,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,359,200. This would result in a monthly mortgage payment of $7,945 over a 25-year amortization period.