$539,900

For sale

342 East 16th Street, Hamilton (Hill Park) - Single Family for Sale

342 East 16th Street, Hamilton (Hill Park), Ontario, L9A4J9

2 beds1 bath2 parking900 ft²40 × 100 ft (4,000 sq ft) lot sizeListed 16 days ago

Overview

This 2-bedroom, 1-bathroom home in Hamilton is for sale offering roughly 900 sq ft of space. Listed at $539,900, it is attractively priced about 27% below the $737,777 median asking price in Hamilton. It has been on the market 16 days, fresher than the Hamilton average of 38 days.

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Description

Welcome to Hill Park, a quiet, family-friendly neighbourhood centrally located on the Hamilton Mountain, offering easy access to major highways, Lime Ridge Mall, shopping, and all the amenities the Mountain has to offer! This charming detached bungalow is the perfect opportunity for first-time buyers, downsizers, or anyone looking to add their own personal touch. Set on a generous lot, this bright home offers a comfortable, inviting main floor with an opened-up layout that creates a spacious living and dining area, perfect for entertaining, alongside a white eat-in kitchen. The finished basement provides additional living space, featuring a recreation room and games area complete with a bar and pool table. Outside, discover a rare and private backyard retreat featuring an in-ground pool and two patio seating areas - perfect for summer gatherings, relaxing poolside, and enjoying your own backyard oasis. A long front driveway provides ample parking for family and guests. An incredible opportunity in a sought-after location, offering privacy, space, and endless potential to make it your own! (id:66096)

Property Details

MLS®: X14092924
Property Type: Single Family
Zoning: C
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 900 ft²
Lot Size: 40 × 100 ft (4,000 sq ft)
Frontage: 40 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Pool: Yes
Ownership

Rooms

Main level

Dining room: 3.39 x 3.07 meters
Living room: 4.44 x 3.21 meters
Primary Bedroom: 3.39 x 3.23 meters
Bedroom 2: 3.07 x 2.59 meters
Bathroom: 2.05 x 1.52 meters

Basement

Recreational, Games room: 5.28 x 3.6 meters
Other: 2.19 x 1.59 meters
Laundry room: 5.28 x 3.6 meters
Utility room: 4.81 x 3.09 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, Stove, Dryer, Window Coverings
Foundation: Block
Exterior: Brick
Lot Features: Level

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Hamilton (Hill Park) listings, avg age

38d

Price / ft²

$600

List price

$540K

Haho

This 2-bed single family in Hamilton (Hill Park) has been listed for 16 days, which is 22 days fresher than the city average of 38. Act while there is still low competition.

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Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES · BARBARA BEERS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9A)

This home lists at $539,900, about 6.7× the local median household income of $81,000.

Carrying it typically needs a household income of about $105,461 (20% down, 25-yr amortization, stress-tested) — roughly 30% above the area median.

Median household income: $81,000
Population: 25,899
Median age: 40.4
Owner / renter: 66% / 34%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA L9A)

$539,900· $600/ft²

For sale

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Full Cost Breakdown

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Down Payment5.37% · $28,990

Min 5.37%50%

Mortgage payment$2,833/mo

↳ CMHC premium ($20,436 capitalized)

Property tax (est.)$356/mo

Total monthly$3,188

Cash Needed to Close

Down payment (5.37%)$28,990

Land transfer tax$7,273

Est. closing costs$4,120

Total cash needed$40,383

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