$579,900

$589,900For salePrice drop↓ $10,000 (2%)

551 Upper Sherman Avenue, Hamilton (Raleigh) - Single Family for Sale

551 Upper Sherman Avenue, Hamilton (Raleigh), Ontario, L8V3L9

3 beds2 baths4 parking900 ft²42 × 97 ft (4,052 sq ft) lot sizeListed 7 days ago

Overview

This 3-bedroom, 2-bathroom home in Hamilton is for sale offering roughly 900 sq ft of space. Its $579,900 asking price sits right in line with the $579,900 median in Hamilton. It has been on the market 7 days, fresher than the Hamilton average of 73 days.

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Description

Welcome to 551 Upper Sherman Ave, ideally situated in Hamilton's desirable Eastmount neighborhood. This well-located home offers convenient access to everyday amenities, schools, parks, public transit and major transportation routes, making it an excellent opportunity for First time buyers, investors, down sizers and families alike. One of the standout features of this property is its proximity to Juravinski Hospital & Cancer Centre, located approximately 1 km away and within a convenient walking distance. This property has good access to the LINC, Red Hill Valley Parkway and the QEW, while being close to local shops, restaurants, parks and schools. A fantastic opportunity to own a home in a convenient and well-connected Hamilton Mountain location. (id:66096)

Property Details

MLS®: X14126590
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 4
Interior Size: 900 ft²
Lot Size: 42 × 97 ft (4,052 sq ft)
Frontage: 42 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $3,923/yr

Rooms

Main level

Dining room: 3.23 x 2.64 meters
Living room: 3.23 x 3.07 meters
Kitchen: 2.74 x 4.93 meters
Primary Bedroom: 2.74 x 3.71 meters
Bedroom: 3.23 x 3.17 meters
Bathroom: 2.18 x 1.96 meters

Basement

Bathroom: 3.23 x 1.7 meters
Recreational, Games room: 5.82 x 4.62 meters
Bedroom: 2.74 x 3.71 meters
Laundry room: 3.23 x 1.55 meters

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Window Coverings, Water Heater
Foundation: Unknown
Exterior: Brick, Shingles
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

Hamilton (Raleigh) listings, avg age

73d

Price / ft²

$644

List price

$580K

Haho

This 3-bed single family in Hamilton (Raleigh) has been listed for 7 days, which is 66 days fresher than the city average of 73. Act while there is still low competition.

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Listed by RE/MAX ESCARPMENT REALTY INC. · NICHOLAS KAZAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L8V)

This home lists at $579,900, about 8.5× the local median household income of $68,500.

Carrying it typically needs a household income of about $113,275 (20% down, 25-yr amortization, stress-tested) — roughly 65% 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)

$579,900· $644/ft²

For sale

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Full Cost Breakdown

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Down Payment5.69% · $32,990

Min 5.69%50%

Mortgage payment$3,032/mo

↳ CMHC premium ($21,876 capitalized)

Property tax (est.)$327/mo

Total monthly$3,359

Cash Needed to Close

Down payment (5.69%)$32,990

Land transfer tax$8,073

Est. closing costs$4,240

Total cash needed$45,303

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