$529,000

For sale

28 Brantdale Avenue, Hamilton (Southam), Ontario, L9C1B7

3 bd1 ba3 pk900 ft²Lot size 35 × 150 ft (5,291 sq ft)

Listed by RE/MAX ESCARPMENT REALTY INC.

77 Claremont Drive, Hamilton (Southam), Ontario, L9C3N4

For saleJust listed

3 days ago

$2.00M

77 Claremont Drive, Hamilton (Southam), Ontario, L9C3N4

5 bd4 ba4 pk4,250 ft²Lot size 84 × 152 ft (12,665 sq ft)

Listed by ROYAL LEPAGE STATE REALTY

117 West 5th Street, Hamilton (Southam), Ontario, L9C3N7

For saleJust listed

3 days ago

$599K

117 West 5th Street, Hamilton (Southam), Ontario, L9C3N7

4 bd3 ba5 pk1,300 ft²Lot size 44 × 90 ft (3,960 sq ft)

Listed by RE/MAX ESCARPMENT REALTY INC.

For sale

17 days ago

$729K

117 West 5th Street, Hamilton (Southam), Ontario, L9C3N7

4 bd3 ba5 pk1,300 ft²Lot size 44 × 90 ft (3,960 sq ft)

Listed by RE/MAX ESCARPMENT REALTY INC.

Investment analysis

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$529,000

Hamilton

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24 Brucedale Avenue West, Hamilton (Southam) - Single Family for Sale

24 Brucedale Avenue West, Hamilton (Southam), Ontario, L9C1C2

6 beds2 baths3 parking1,300 ft²50 × 150 ft (7,500 sq ft) lot sizeListed 35 days ago

Overview

This 6-bedroom, 2-bathroom home in Hamilton is for sale offering roughly 1,300 sq ft of space. Listed at $529,000, it is attractively priced about 15% below the $625,000 median asking price in Hamilton. It has been on the market 35 days, fresher than the Hamilton average of 38 days.

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Description

Fantastic opportunity on a large 50 x 150 ft lot! This spacious detached 2-storey home offers a unique investment opportunity with an established rental setup. The property offers a practical layout, excellent rental income and a substantial lot in a convenient Hamilton location. Whether you're looking to add an income-producing property to your portfolio or explore the possibilities offered by this large lot and well-located property, this is an opportunity worth investigating. Conveniently located close to transit, shopping, restaurants, amenities and major commuter routes. An excellent opportunity for investors seeking an established rental property with future potential. (id:66096)

Property Details

MLS®: X13855520
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 6 above · 0 below
Bathrooms: 2
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 50 × 150 ft (7,500 sq ft)
Frontage: 50 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $3,700/yr
Listed: 35 days ago

Rooms

Main level

Bedroom: 3.28 x 2.87 meters
Bedroom: 4.34 x 2.9 meters
Bedroom: 3.66 x 2.59 meters
Dining room: 4.04 x 4.04 meters
Kitchen: 4.04 x 2.05 meters

Second level

Bedroom: 4.32 x 2.87 meters
Bedroom: 4.32 x 2.62 meters
Bedroom: 2.9 x 2.62 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, Stove, Dryer
Foundation: Unknown
Exterior: Aluminum siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

35d

Hamilton (Southam) listings, avg age

38d

Price / ft²

$407

List price

$529K

Haho

This 6-bed single family in Hamilton (Southam) has been listed for 35 days, which is 3 days fresher than the city average of 38. Act while there is still low competition.

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Listed by Keller Williams Edge Realty · JEFF DONOVAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9C)

This home lists at $529,000, about 5.8× the local median household income of $92,000.

Carrying it typically needs a household income of about $103,332 (20% down, 25-yr amortization, stress-tested) — roughly 12% above the area median.

Median household income: $92,000
Population: 41,202
Median age: 41.2
Owner / renter: 71% / 29%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L9C)

$529,000· $407/ft²

For sale

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Full Cost Breakdown

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Down Payment5.27% · $27,900

Min 5.27%50%

Mortgage payment$2,778/mo

↳ CMHC premium ($20,044 capitalized)

Property tax (est.)$308/mo

Total monthly$3,087

Cash Needed to Close

Down payment (5.27%)$27,900

Land transfer tax$7,055

Est. closing costs$4,087

Total cash needed$39,042

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