$499,900

For sale

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1873 Main Street East, Hamilton (McQuesten) - Single Family for Sale

1873 Main Street East, Hamilton (McQuesten), Ontario, L8H1G3

5 beds2 baths1 parking ft²

330 Melvin Avenue, Hamilton (McQuesten), Ontario, L8H2L1

2 bd1 ba6 pk900 ft²Lot size 55 × 101 ft (5,539 sq ft)

Listed by Royal LePage RCR Realty

330 Waverly Street, Hamilton (McQuesten), Ontario, L8H6P9

For salePrice drop

26 days ago

$575K$587K

↓ $12K (2%) price drop

330 Waverly Street, Hamilton (McQuesten), Ontario, L8H6P9

4 bd2 ba5 pk900 ft²Lot size 41 × 100 ft (4,100 sq ft)

Listed by REVEL Realty Inc., Brokerage

43 Adair Avenue North, Hamilton (McQuesten), Ontario, L8H6A5

For sale

28 days ago

$540K

43 Adair Avenue North, Hamilton (McQuesten), Ontario, L8H6A5

3 bd2 ba4 pk900 ft²Lot size 30 × 105 ft (3,150 sq ft)

Listed by RE/MAX PRESIDENT REALTY

1231 Dunsmure Road, Hamilton (McQuesten), Ontario, L8H1L5

For salePrice drop

28 days ago

$688K$699K

↓ $11K (2%) price drop

1231 Dunsmure Road, Hamilton (McQuesten), Ontario, L8H1L5

3 bd3 ba4 pk1,300 ft²Lot size 31 × 100 ft (3,100 sq ft)

Listed by RE/MAX ESCARPMENT REALTY INC.

Investment analysis

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$499,900

Hamilton

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31 × 100 ft (3,100 sq ft) lot size

Overview

This 5-bedroom, 2-bathroom home in Hamilton is for sale offering roughly 1,750 sq ft of space. Listed at $499,900, it is attractively priced about 12% below the $570,000 median asking price in Hamilton. It has been on the market 28 days, fresher than the Hamilton average of 66 days.

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

Description

Welcome to 1873 Main St E, a well-appointed and lovingly maintained 2 storey home that is much larger than it appears! Offering approximately 1782 sq.ft. of above-grade living space, this spacious home features excellent second-level-in-law potential. The main level offers 2 generously sized bedrooms and an updated 3-piece bathroom, while the second level features 3 additional bedrooms, a kitchen, and a 4-piece bathroom. Plenty of space for a growing family or extended family setup. A single-car driveway is located at the side/rear of the property, providing convenient parking and easy access to & from the rear yard. (id:66096)

Property Details

MLS®: X13871900
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,750 ft²
Lot Size: 31 × 100 ft (3,100 sq ft)
Frontage: 31 ft
Storeys: 2
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $3,490/yr
Listed: 28 days ago

Rooms

Main level

Dining room: 3.72 x 3.21 meters
Living room: 6.11 x 3.79 meters
Bedroom: 3.32 x 3.79 meters
Kitchen: 4.3 x 3.17 meters
Bedroom: 3.33 x 3.79 meters

Second level

Bedroom: 2.91 x 2.55 meters
Bedroom: 2.78 x 2.94 meters
Kitchen: 2.67 x 3.05 meters
Bedroom: 4.33 x 3.3 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Range, Dryer, Water Heater
Foundation: Concrete
Exterior: Vinyl siding, Brick Veneer

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

Hamilton (McQuesten) listings, avg age

66d

Price / ft²

$286

List price

$500K

Haho

This 5-bed single family in Hamilton (McQuesten) has been listed for 28 days, which is 38 days fresher than the city average of 66. Act while there is still low competition.

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Listed by ROYAL LEPAGE STATE REALTY · JOE COSENTINO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L8H)

This home lists at $499,900, about 7.1× the local median household income of $70,000.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 39% above the area median.

Median household income: $70,000
Population: 26,187
Median age: 40
Owner / renter: 66% / 34%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L8H)

$499,900· $286/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$291/mo

Total monthly$2,924

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$6,473

Est. closing costs$4,000

Total cash needed$35,468

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