5 Bull's Lane, Hamilton (Centremount), Ontario, L9A1C7

For sale

13 days ago

$4.00M

5 Bull's Lane, Hamilton (Centremount), Ontario, L9A1C7

4 bd5 ba27 pk4,250 ft²Lot size 108 × 338 ft (36,526 sq ft)

Listed by RE/MAX TWIN CITY REALTY INC.

659 Upper Wellington Street East, Hamilton (Centremount), Ontario, L9A3R2

For sale

125 days ago

$669K

659 Upper Wellington Street East, Hamilton (Centremount), Ontario, L9A3R2

5 bd2 ba900 ft²Lot size 30 × 104 ft (3,126 sq ft)

Listed by RE/MAX REAL ESTATE CENTRE INC.

Investment analysis

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$1,248,000

Hamilton

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$1,248,000

For sale

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6 Kelso Street, Hamilton (Centremount) - Single Family for Sale

6 Kelso Street, Hamilton (Centremount), Ontario, L9A1C6

5 beds4 baths6 parking2,750 ft²120 × 100 ft (12,000 sq ft) lot sizeListed 19 days ago

Overview

This 5-bedroom, 4-bathroom home in Hamilton is for sale offering roughly 2,750 sq ft of space. Its $1,248,000 asking price sits right in line with the $1,248,000 median in Hamilton. It has been on the market 19 days, fresher than the Hamilton average of 52 days.

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Description

Excellent opportunity for homeowners, owner-operators, investors and developers! Situated on a prominent 120 ft. 100 ft. corner lot in Hamilton's desirable Centremount neighbourhood, this fully renovated detached bungalow offers exceptional flexibility and potential. The property benefits from legal non-conforming status for a day nursery accommodating up to 25 children, as well as a residential care facility or retirement home accommodating up to six residents. Ideal opportunity for childcare operators, retirement and residential care providers, or investors seeking a property with multiple potential uses. The interior has been extensively updated with new flooring and fresh paint throughout. The approximately 12,000 sq. ft. lot also offers potential for future residential redevelopment or severance, subject to municipal approvals. All uses, occupancy limits and development opportunities are subject to applicable municipal requirements and buyer verification. (id:66096)

Property Details

MLS®: X14087026
Property Type: Single Family
Zoning: Section Nine \"C\" Districts & R1
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 4
Half Baths: 1
Parking: 6
Interior Size: 2,750 ft²
Lot Size: 120 × 100 ft (12,000 sq ft)
Frontage: 120 ft
Storeys: 1
Style: Bungalow
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Ownership

Rooms

Main level

Foyer: 2.55 x 2.69 meters
Living room: 5.25 x 3.88 meters
Dining room: 3.85 x 4.73 meters
Kitchen: 4.85 x 2.9 meters
Bedroom: 5.59 x 6.64 meters
Laundry room: 5.25 x 3.88 meters

Lower level

Office: 2.06 x 3.99 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, Dishwasher, Stove, Oven, Dryer, Window Coverings
Flooring: Tile, Vinyl
Foundation: Block
Exterior: Brick
Lot Features: Wheelchair access

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

19d

Hamilton (Centremount) listings, avg age

52d

Price / ft²

$454

List price

$1.25M

Haho

This 5-bed single family in Hamilton (Centremount) has been listed for 19 days, which is 33 days fresher than the city average of 52. Act while there is still low competition.

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Listed by PROMPTON REAL ESTATE SERVICES CORP. · AMIR-REZA BAGHER-ZADEH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9A)

This home lists at $1,248,000, about 15.4× the local median household income of $81,000.

Carrying it typically needs a household income of about $243,778 (20% down, 25-yr amortization, stress-tested) — roughly 201% 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)

$1,248,000· $454/ft²

For sale

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Full Cost Breakdown

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Down Payment8.00% · $99,800.00

Min 8.00%50%

Mortgage payment$6,366/mo

↳ CMHC premium ($45,928 capitalized)

Property tax (est.)$825/mo

Total monthly$7,191

Cash Needed to Close

Down payment (8.00%)$99,800

Land transfer tax$21,435

Est. closing costs$6,244

Total cash needed$127,479

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