$729,900

$749,900For salePrice drop↓ $20,000 (3%)

33 CLINE Avenue North, Hamilton - Single Family for Sale

33 CLINE Avenue North, Hamilton, Ontario, L8S3Z3

6 beds2 baths3 parking1,143 ft²Listed 36 days ago

Overview

This 6-bedroom, 2-bathroom home in Hamilton is for sale offering roughly 1,143 sq ft of space. Its $729,900 asking price sits right in line with the $749,900 median in Hamilton. It has been on the market 36 days, fresher than the Hamilton average of 65 days.

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Description

Welcome to 33 Cline North. This gem located just steps from McMaster is an investor's dream. Close to Westdale Village, major highways, and all essential amenities. This solid brick home is fully leased to triple AAA tenants on a 12-month term, offering immediate rental income. Recent updates, including the roof, windows, waterline, furnace, electrical, and AC, all within the last 6-10 years, make this a true turnkey investment with minimal maintenance required. Situated in a high-demand location with excellent rental potential, this property is ideal for investors seeking steady cash flow and long-term appreciation. With a large municipal lot (30 x 100 feet), parking for three vehicles, and proximity to top-rated schools, this opportunity won't last long! Don't miss out! (id:66096)

Property Details

MLS®: 40867699
Property Type: Single Family
Zoning: R1a
Bedrooms: 6
Beds (above / below): 4 above · 2 below
Bathrooms: 2
Parking: 3
Interior Size: 1,143 ft²
Frontage: 30 ft
Storeys: 2
Style: Other
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Ownership: Freehold
Property Tax: $7,648/yr
Listed: 36 days ago

Rooms

Basement

Utility room: 4'8'' x 8'3''
Bedroom: 11'2'' x 7'11''
Bedroom: 12'5'' x 9'1''
3pc Bathroom

Second level

Storage: 5'7'' x 3'4''
Primary Bedroom: 12'10'' x 13'7''
Bedroom: 11'2'' x 10'1''
Bedroom: 11'1'' x 9'0''
3pc Bathroom

Main level

Bedroom: 10'7'' x 11'3''

Features

Exterior: Brick, Other

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

36d

Hamilton listings, avg age

65d

Price / ft²

$639

List price

$730K

Haho

This 6-bed single family in Hamilton has been listed for 36 days, which is 29 days fresher than the city average of 65. Act while there is still low competition.

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Listed by Revel Realty Inc. · Adam Cooke

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L8S)

This home lists at $729,900, about 11.6× the local median household income of $62,800.

Carrying it typically needs a household income of about $142,575 (20% down, 25-yr amortization, stress-tested) — roughly 127% above the area median.

Median household income: $62,800
Population: 15,787
Median age: 32.4
Owner / renter: 39% / 61%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA L8S)

$729,900· $639/ft²

For sale

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Full Cost Breakdown

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Down Payment6.57% · $47,990

Min 6.57%50%

Mortgage payment$3,781/mo

↳ CMHC premium ($27,276 capitalized)

Property tax (est.)$637/mo

Total monthly$4,418

Cash Needed to Close

Down payment (6.57%)$47,990

Land transfer tax$11,073

Est. closing costs$4,690

Total cash needed$63,753

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