$499,000

For sale

143 Elgin Street, Hamilton (Beasley) - Single Family for Sale

143 Elgin Street, Hamilton (Beasley), Ontario, L8L4Y1

6 beds3 baths2 parking1,750 ft²27 × 131 ft (3,595 sq ft) lot sizeListed 59 days ago

Overview

This 6-bedroom, 3-bathroom home in Hamilton is for sale offering roughly 1,750 sq ft of space. Its $499,000 asking price sits right in line with the $499,000 median in Hamilton. It has been on the market 59 days, fresher than the Hamilton average of 78 days.

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Description

Potential best describes this large 2 1/2 storey home used as a 6 bedroom 3 bathroom home. Offering 10 ft ceiling on main floor, generous living & dining rooms, eat in kitchen, hardwood floors on 2nd level, would be stunning re-finished, 4 bedrooms(one previously used as a kitchen)on 2nd level, 2 bedrooms on 3rd level which could be converted to living space or leave as 2 bedrooms as used in the past. Large front porch. Potential front drive. 130 foot deep lot with garage with access from alley way, This home needs TLC and once complete this would be a gem as a large single family home or potential multi units or multi generational home options. Convenient to grocery, buses, general hospital, GO station and vibrant James Street area plus short bike ride to pier 4 water front. Take advantage of this opportunity. (id:66096)

Property Details

MLS®: X13755818
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 6 above · 0 below
Bathrooms: 3
Parking: 2
Interior Size: 1,750 ft²
Lot Size: 27 × 131 ft (3,595 sq ft)
Frontage: 27 ft
Storeys: 2
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $3,150.08/yr
Listed: 59 days ago

Rooms

Ground level

Dining room: 2.76 x 4.88 meters
Bathroom
Living room: 3.96 x 3.35 meters
Kitchen: 4.87 x 3.35 meters

Second level

Bathroom
Bedroom 4: 2.76 x 2.76 meters
Bedroom: 3.08 x 3.35 meters
Bedroom 2: 3.08 x 3.35 meters
Bedroom 3: 2.76 x 2.76 meters

Third level

Bedroom: 3.35 x 3.96 meters

Features

Foundation: Stone
Exterior: Brick, Vinyl siding
Lot Features: Flat site

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

59d

Hamilton (Beasley) listings, avg age

78d

Price / ft²

$285

List price

$499K

Haho

This 6-bed single family in Hamilton (Beasley) has been listed for 59 days, which is 19 days fresher than the city average of 78. Act while there is still low competition.

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Listed by ROYAL LEPAGE MACRO REALTY · MARIO CARVALHO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L8L)

This home lists at $499,000, about 7.7× the local median household income of $65,000.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 50% above the area median.

Median household income: $65,000
Population: 32,312
Median age: 36.4
Owner / renter: 52% / 48%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L8L)

$499,000· $285/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$263/mo

Total monthly$2,891

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$6,455

Est. closing costs$3,997

Total cash needed$35,402

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