$849,900

$899,900For salePrice drop↓ $50,000 (6%)

38 DEERHURST Road, Hamilton - Single Family for Sale

38 DEERHURST Road, Hamilton, Ontario, L8E2E4

5 beds2 baths8 parking2,374 ft²Listed 26 days ago

Overview

This 5-bedroom, 2-bathroom home in Hamilton is for sale offering roughly 2,374 sq ft of space. It has been on the market 26 days, fresher than the Hamilton average of 65 days.

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Description

Welcome to 38 Deerhurst Rd in Stoney Creek — an incredible investment opportunity or ideal live-and-rent setup in a prime, family-friendly location close to top schools, parks, and shopping. Offering 2,400 sq. ft. of finished living space, this beautifully updated property features two modern kitchens with updated appliances, updated bathrooms, 5 generous bedrooms (3 upstairs, 2 downstairs), and separate laundry facilities on both the upper and lower levels for maximum convenience and privacy. The home boasts versatile, light-filled spaces, including a spacious main family room plus an amazing secondary family room or formal dining room situated at the rear. Set on an oversized lot, the exterior includes a massive backyard and a detached garage perfect for extra storage, parking, or workshop potential. Whether you are looking to maximize high-yield rental returns across both levels or live comfortably in one unit while collecting rent from the other to offset your mortgage, this turn-key property offers limitless potential for both homeowners and savvy investors alike. (id:66096)

Property Details

MLS®: 40870199
Property Type: Single Family
Zoning: R2
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Parking: 8
Interior Size: 2,374 ft²
Frontage: 63 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage
Ownership: Freehold
Property Tax: $4,680.85/yr
Listed

Rooms

Basement

Utility room
Laundry room
4pc Bathroom
Bedroom: 13'1'' x 10'8''
Bedroom: 13'1'' x 11'10''
Family room: 15'9'' x 11'2''
Kitchen: 8'11'' x 12'10''

Main level

Laundry room
4pc Bathroom
Bedroom: 9'0'' x 10'0''
Bedroom: 10'8'' x 11'0''
Bedroom: 10'0'' x 13'0''

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Window Coverings
Exterior: Brick
Lot Features: Southern exposure

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

26d

Hamilton listings, avg age

65d

Price / ft²

$358

List price

$850K

Haho

This 5-bed single family in Hamilton has been listed for 26 days, which is 39 days fresher than the city average of 65. Act while there is still low competition.

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Listed by RE/MAX Escarpment Golfi Realty Inc. · Rob Golfi

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L8E)

This home lists at $849,900, about 9.3× the local median household income of $91,000.

Carrying it typically needs a household income of about $166,015 (20% down, 25-yr amortization, stress-tested) — roughly 82% above the area median.

Median household income: $91,000
Population: 41,927
Median age: 41.2
Owner / renter: 71% / 29%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L8E)

$849,900· $358/ft²

For sale

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Full Cost Breakdown

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Down Payment7.06% · $59,990

Min 7.06%50%

Mortgage payment$4,379/mo

↳ CMHC premium ($31,596 capitalized)

Property tax (est.)$390/mo

Total monthly$4,769

Cash Needed to Close

Down payment (7.06%)$59,990

Land transfer tax$13,473

Est. closing costs$5,050

Total cash needed$78,513

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