$574,900

For sale

408 SANATORIUM Road, Hamilton - Single Family for Sale

408 SANATORIUM Road, Hamilton, Ontario, L9C2A9

4 beds2 baths3 parking1,133 ft²Listed 16 days ago

Overview

This 4-bedroom, 2-bathroom home in Hamilton is for sale offering roughly 1,133 sq ft of space. Listed at $574,900, it is attractively priced about 23% below the $749,900 median asking price in Hamilton. It has been on the market 16 days, fresher than the Hamilton average of 65 days.

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Description

What if you stopped looking for perfect and started looking for potential? Well THIS is it: a West Hamilton Mountain home with the kind of location and flexibility that can be hard to find at this price point. This 1.5-storey home on a 50x100 lot features 3+1 bedrooms, 2 bathrooms, a private lot and driveway, plus in-law suite potential for buyers looking for multigenerational living, space for older kids or extended family. And the location? Minutes to Mohawk College, mountain accesses and everyday amenities. For a first-time buyer, investor, renovator or buyer looking for a Hamilton home with in-law potential, this is an opportunity to take a solid home in a great location and make it your own. (id:66096)

Property Details

MLS®: 40872956
Property Type: Single Family
Zoning: C
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 3
Interior Size: 1,133 ft²
Frontage: 50 ft
Year Built: 1950
Storeys: 1
Style: Other
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Ownership: Freehold
Property Tax: $4,905.29/yr
Listed

Rooms

Basement

Utility room: 7'8'' x 3'4''
Laundry room: 11'5'' x 7'11''
Kitchen: 7'4'' x 8'11''
3pc Bathroom: 8'11'' x 5'0''
Kitchen: 15'2'' x 21'1''
Bedroom: 15'4'' x 8'11''

Second level

Bedroom: 13'0'' x 8'11''
Primary Bedroom: 8'11'' x 13'0''

Main level

Den: 11'9'' x 8'11''
3pc Bathroom

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Foundation: Block
Exterior: Brick
Lot Features: Southern exposure, 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

16d

Hamilton listings, avg age

65d

Price / ft²

$507

List price

$575K

Haho

This 4-bed single family in Hamilton has been listed for 16 days, which is 49 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. · Rachel Harsevoort

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9C)

This home lists at $574,900, about 6.2× the local median household income of $92,000.

Carrying it typically needs a household income of about $112,298 (20% down, 25-yr amortization, stress-tested) — roughly 22% above the area median.

Median household income: $92,000
Population: 41,202
Median age: 41.2
Owner / renter: 71% / 29%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L9C)

$574,900· $507/ft²

For sale

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Full Cost Breakdown

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Down Payment5.65% · $32,490.00

Min 5.65%50%

Mortgage payment$3,007/mo

↳ CMHC premium ($21,696 capitalized)

Property tax (est.)$409/mo

Total monthly$3,416

Cash Needed to Close

Down payment (5.65%)$32,490

Land transfer tax$7,973

Est. closing costs$4,225

Total cash needed$44,688

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