$475,000

For sale

25 GLADSTONE Avenue, Hamilton - Single Family for Sale

25 GLADSTONE Avenue, Hamilton, Ontario, L8M2H7

4 beds3 baths2 parking1,858 ft²Listed 17 days ago

Overview

This 4-bedroom, 3-bathroom home in Hamilton is for sale offering roughly 1,858 sq ft of space. Listed at $475,000, it is attractively priced about 37% below the $749,900 median asking price in Hamilton. It has been on the market 17 days, fresher than the Hamilton average of 65 days.

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Description

Well maintained LEGAL 2 family property, south of Main St, in desirable St. Clair-Blakeley neighbourhood! Spacious main floor unit (is now VACANT) has 2 bedrooms (or one and a den), high ceilings and sliding door to walk out backyard and deck; in-suite laundry and one private parking spot! Furnace& AC new in Dec 2020! Upper unit offers 1 bedroom plus a den, 1.5 baths and a huge attic enclave that can be a multi-use space (currently a bedroom), with a walk out balcony off the kitchen! Situated in Hamilton's St. Clair neighbourhood, this property works well for the investor or a Buyer that can live in one unit & help pay the mortgage with the other! Put this one, on your “must see” list! (id:66096)

Property Details

MLS®: 40872845
Property Type: Single Family
Zoning: R1a
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 1,858 ft²
Frontage: 19 ft
Storeys: 2
Style: Other
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Ownership: Freehold
Property Tax: $4,132.61/yr
Listed

Rooms

Third level

2pc Bathroom
Laundry room
Loft: 11'8'' x 24'0''

Second level

Bedroom: 9'0'' x 15'3''
4pc Bathroom
Bedroom: 9'0'' x 12'9''
Kitchen: 8'6'' x 11'6''

Main level

Kitchen: 9'0'' x 11'0''
4pc Bathroom
Bedroom: 11'0'' x 13'0''
Bedroom: 10'8'' x 11'6''

Features

Foundation: Stone
Exterior: Brick, Aluminum siding
Lot Features: Crushed stone driveway, In-Law Suite

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

17d

Hamilton listings, avg age

65d

Price / ft²

$256

List price

$475K

Haho

This 4-bed single family in Hamilton has been listed for 17 days, which is 48 days fresher than the city average of 65. Act while there is still low competition.

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Listed by Royal LePage State Realty Inc. · Chris Klashoff

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L8M)

This home lists at $475,000, about 7.8× the local median household income of $61,200.

Carrying it typically needs a household income of about $92,784 (20% down, 25-yr amortization, stress-tested) — roughly 52% above the area median.

Median household income: $61,200
Population: 13,774
Median age: 38.4
Owner / renter: 40% / 60%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA L8M)

$475,000· $256/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,750

Min 5%50%

Mortgage payment$2,502/mo

↳ CMHC premium ($18,050 capitalized)

Property tax (est.)$344/mo

Total monthly$2,846

Cash Needed to Close

Down payment (5%)$23,750

Land transfer tax$5,975

Est. closing costs$3,925

Total cash needed$33,650

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