$699,900

For sale

37 Lilacside Drive, Hamilton (Thorner) - Single Family for Sale

37 Lilacside Drive, Hamilton (Thorner), Ontario, L8V2L5

5 beds2 baths4 parking900 ft²45 × 112 ft (5,006 sq ft) lot sizeListed 17 days ago

Overview

This 5-bedroom, 2-bathroom home in Hamilton is for sale offering roughly 900 sq ft of space. Listed at $699,900, it is attractively priced about 8% below the $759,900 median asking price in Hamilton. It has been on the market 17 days, fresher than the Hamilton average of 59 days.

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Description

This fully renovated LEGAL DUPLEX is the perfect opportunity for homeowners and investors alike. Featuring two brand-new kitchens with quartz countertops, two brand-new bathrooms, and new vinyl flooring throughout, this property has been completely upgraded with modern finishes. Every detail has been carefully considered, including new doors, baseboards, updated electrical, and new plumbing. The main floor offers three spacious bedrooms, one bathroom, and its own separate laundry, while the lower-level unit features two bedrooms, one bathroom, and separate laundry as well. Located on a quiet street, this home is just steps from Limeridge Mall, banks, parks, schools, and has convenient highway access. Situated on a great-sized lot with a long driveway, this property is ideal for large families or those looking for an income-generating opportunity. Live in one unit while renting out the other to help offset mortgage costs or lease both for a strong return on investment., . A 24-hour notice is required to view the lower unit. RSA. (id:66096)

Property Details

MLS®: X14091988
Property Type: Single Family
Zoning: D
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Parking: 4
Interior Size: 900 ft²
Lot Size: 45 × 112 ft (5,006 sq ft)
Frontage: 45 ft
Storeys: 1
Style: Bungalow
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 3.5 x 5.24 meters
Kitchen: 3.74 x 5.24 meters
Bedroom: 3.07 x 2.56 meters
Bedroom 2: 3.05 x 2.77 meters
Primary Bedroom: 3.07 x 3.47 meters
Bathroom: 2.95 x 1.92 meters

Basement

Bathroom: 2.62 x 2.19 meters
Utility room: 3.96 x 3.56 meters
Bedroom: 4.41 x 2 meters
Kitchen: 2.46 x 1 meters

Features

Foundation: Block
Exterior: Vinyl siding, Brick Facing
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

17d

Hamilton (Thorner) listings, avg age

59d

Price / ft²

$778

List price

$700K

Haho

This 5-bed single family in Hamilton (Thorner) has been listed for 17 days, which is 42 days fresher than the city average of 59. Act while there is still low competition.

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Listed by RE/MAX ESCARPMENT REALTY INC. · MANNY HAIDARY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L8V)

This home lists at $699,900, about 10.2× the local median household income of $68,500.

Carrying it typically needs a household income of about $136,715 (20% down, 25-yr amortization, stress-tested) — roughly 100% above the area median.

Median household income: $68,500
Population: 21,165
Median age: 44.4
Owner / renter: 56% / 44%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA L8V)

$699,900· $778/ft²

For sale

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Full Cost Breakdown

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Down Payment6.43% · $44,990.00

Min 6.43%50%

Mortgage payment$3,631/mo

↳ CMHC premium ($26,196 capitalized)

Property tax (est.)$373/mo

Total monthly$4,004

Cash Needed to Close

Down payment (6.43%)$44,990

Land transfer tax$10,473

Est. closing costs$4,600

Total cash needed$60,063

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