$575,000

For sale

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241 East 44th Street, Hamilton (Hampton Heights) - Single Family for Sale

241 East 44th Street, Hamilton (Hampton Heights), Ontario, L8T3H7

3 beds1 bath2 parking ft²

785 Tenth Avenue, Hamilton (Hampton Heights), Ontario, L8T2G4

5 bd4 ba4 pk1,750 ft²Lot size 40 × 102 ft (4,041 sq ft)

Listed by ROYAL LEPAGE SECURITY REAL ESTATE

Investment analysis

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$575,000

Hamilton

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Overview

This 3-bedroom, 1-bathroom home in Hamilton is for sale offering roughly 900 sq ft of space. Listed at $575,000, it is attractively priced about 40% below the $965,000 median asking price in Hamilton. It has been on the market 12 days, fresher than the Hamilton average of 78 days.

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Description

Welcome to 241 East 44th Street! Loved by the same family since it was built, this solid brick 3-bedroom, 1-bath home sits on an impressive 50 x 103 ft lot - one of the larger footprints in the neighbourhood. Pride of original ownership shows throughout, offering a fantastic opportunity for a new family to add their own updates and build instant equity. Enjoy outdoor living on the private deck, perfect for morning coffee or evening entertaining. The partially finished basement provides bonus living space, and the separate side entrance opens the door to a potential in-law suite. (Roof/AC/Furnace Approx. 2017). (id:66096)

Property Details

MLS®: X14110738
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 900 ft²
Lot Size: 50 × 103 ft (5,165 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $4,226/yr
Listed: 12 days ago

Rooms

Main level

Kitchen: 3.66 x 4.57 meters
Living room: 5.18 x 3.66 meters
Bedroom: 3.05 x 3.12 meters
Bedroom: 3.05 x 2.82 meters
Bedroom: 3.66 x 3.06 meters

Basement

Recreational, Games room: 8.23 x 3.05 meters
Office: 3.96 x 3.05 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, Water meter, Dishwasher, Stove, Dryer, Window Coverings
Foundation: Block
Exterior: Brick
Lot Features: Level lot

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Area context

Neighbourhood profile (L8T)

This home lists at $575,000, about 6.8× the local median household income of $85,000.

Carrying it typically needs a household income of about $112,318 (20% down, 25-yr amortization, stress-tested) — roughly 32% above the area median.

Median household income: $85,000
Population: 19,405
Median age: 43.6
Owner / renter: 67% / 33%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA L8T)

$575,000· $639/ft²

For sale

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Full Cost Breakdown

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Down Payment5.65% · $32,500

Min 5.65%50%

Mortgage payment$3,008/mo

↳ CMHC premium ($21,700 capitalized)

Property tax (est.)$352/mo

Total monthly$3,360

Cash Needed to Close

Down payment (5.65%)$32,500

Land transfer tax$7,975

Est. closing costs$4,225

Total cash needed$44,700

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

241 East 44th Street, Hamilton (Hampton Heights) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L8T)

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Full Cost Breakdown