$1,124,999

For saleJust listed

71 Magdalena Street, Hamilton (Stoney Creek Mountain) - Single Family for Sale

71 Magdalena Street, Hamilton (Stoney Creek Mountain), Ontario, L8J0M3

6 beds5 baths5 parking2,250 ft²47 × 134 ft (6,299 sq ft) lot sizeListed 6 days ago

Overview

This 6-bedroom, 5-bathroom home in Hamilton is for sale offering roughly 2,250 sq ft of space. It has been on the market 6 days, fresher than the Hamilton average of 61 days.

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Description

Absolutely Stunning Home Featuring 4 Bedrooms, 4 Washrooms & Finished Legal Basement! Welcome to this beautifully upgraded property offering the perfect blend of luxury, comfort, and functionality. Featuring 4 spacious bedrooms, 5 washrooms, and numerous upgrades throughout, this exceptional home is ideal for growing families and savvy investors alike. The thoughtfully designed layout offers generous living spaces, perfect for everyday living and entertaining. The fully finished legal basement boasts 2 additional bedrooms, 1 washroom, and a separate entrance, presenting an excellent opportunity for extended family accommodation or potential rental income. A fantastic opportunity to own a versatile property with outstanding living space and added value. Conveniently located close to the LINC/Red Hill, schools, parks, shopping, public transit, and everyday amenities. Don't miss your chance to make this exceptional home yours! (id:66096)

Property Details

MLS®: X14127676
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 4 above · 2 below
Bathrooms: 5
Half Baths: 1
Parking: 5
Interior Size: 2,250 ft²
Lot Size: 47 × 134 ft (6,299 sq ft)
Frontage: 46 ft
Storeys: 2
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $7,618.07/yr

Rooms

Main level

Family room: 3.94 x 4.09 meters
Living room: 3.95 x 4.09 meters
Kitchen: 5.72 x 3.92 meters
Office: 3 x 3.05 meters

Second level

Primary Bedroom: 4 x 4.71 meters
Bedroom 2: 4.48 x 3.45 meters
Bedroom 3: 3.85 x 3.18 meters
Bedroom 4: 5 x 3.02 meters

Basement

Bedroom: 2.76 x 6.52 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings, Water Heater
Flooring: Hardwood, Porcelain Tile
Foundation: Concrete
Exterior: Brick, Vinyl siding
Lot Features: In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Hamilton (Stoney Creek Mountain) listings, avg age

61d

Price / ft²

$500

List price

$1.12M

Haho

This 6-bed single family in Hamilton (Stoney Creek Mountain) has been listed for 6 days, which is 55 days fresher than the city average of 61. Act while there is still low competition.

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Listed by SPECTRUM REALTY SERVICES INC. · MUHAMMAD MATEEN AKHTAR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L8J)

This home lists at $1,124,999, about 9.9× the local median household income of $114,000.

Carrying it typically needs a household income of about $219,752 (20% down, 25-yr amortization, stress-tested) — roughly 93% above the area median.

Median household income: $114,000
Population: 29,146
Median age: 36.8
Owner / renter: 83% / 17%
Avg. household size: 3.1

Source: Statistics Canada, 2021 Census (FSA L8J)

$1,124,999· $500/ft²

For sale

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Full Cost Breakdown

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Down Payment7.78% · $87,499.90

Min 7.78%50%

Mortgage payment$5,752/mo

↳ CMHC premium ($41,500 capitalized)

Property tax (est.)$635/mo

Total monthly$6,387

Cash Needed to Close

Down payment (7.78%)$87,500

Land transfer tax$18,975

Est. closing costs$5,875

Total cash needed$112,350

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