801 Main Street, Hamilton, ON

$879,900
MLS#:X9358770
5 beds
4 baths
2000-2500 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2 1/2 Storey"] detached located in the coveted neighborhood of Stipley. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $879,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 4 Bathrooms with 4 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 29.33 x 98 ft lot
  • Features a ["separate entrance", "apartment"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Separate Hydro Meter
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

Welcome to the money maker on Main, 801 Main St E, this exceptional four-unit property close to downtown Hamilton and in the heart of Gibson neighbourhood with a very short walk to Gage Park. Total GROSS INCOME OF $72,000, you don't want to miss the chance to add this property to your portfolio. Interest rates coming down will only improve the already great cash flow on this one. All units contain updated kitchens with quartz countertops. Bathrooms are updated as well. Unit 1 is a 1 bed 1 bath with its own in-suite laundry. Unit 2 is a spacious 2-bed 1-bath layout with an outdoor patio space and its own in-suite laundry. Unit 3 is a good-sized bachelor unit with a great patio space for entertaining. Unit 4 is located in the basement and is a 1 bed 1 bath. Unit 3 & 4 share laundry. Plumbing and wiring have been recently updated. The property contains 4 SEPARATE HYDRO METERS. Don't miss the opportunity to secure a high cash flow property in a thriving area that is walking distance to two proposed LRT stops!

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Key Features

Bedrooms
5
Bathrooms
4
Kitchens
4
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 17, 2024
Sold price information is available to members only
Listed Date9/19/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size29.33 × 98 Feet
CountyHamilton
Annual Tax$5,169
Legal DescriptionPT LT 54, PL 304, AS IN VM184458; S/T & T/W VM184458 CITY OF HAMILTON

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Community Features

Location

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801 Main Street, Hamilton, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 801 Main Street E, Hamilton, ON L8M 1L5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$703,920
Monthly Mortgage$4,090
Property Tax (Est.)$431
Utilities & Maint.$350
Total Monthly Cost$4,871

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Hamilton.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Stipley, Hamilton.

Verified Local Data
City Population785,184
City Median Age41.6 Yrs
City Ownership69% Owners
Avg Area List Price$601,915

People & Families

Age Distribution

Household Composition

One-person households
27%
Families with children
45%
Couples without children
27%
Other households
1%

Top Ethnic Origins

English21%
Scottish17%
Irish16%
Canadian13%

Local Schools Guide

Elementary Schools

Prince of Wales
Public77 Melrose Avenue North, Stipeley, Hamilton, Ontario, L8L 6X4
3.9
St Ann's
PublicSherman Avenue North, Stipeley, Hamilton, Ontario, L8L 0B8
5.6
Adelaide Hoodless
Public71 Maplewood Avenue, Blakeley, Hamilton, Ontario, L8M 1W7
6.8
Holy Name of Jesus
Public181 Belmont Avenue, Crown Point West, Hamilton, Ontario, L8L 7M5
4.0
Cathy Wever
Public160 Wentworth Street North, Gibson, Hamilton, Ontario, L8L 5V7
2.1

Secondary Schools

Bernie Custis
Public1055 King Street East, Stipeley, Hamilton, Ontario, L8M 1C3
2.2
Cathedral
Public30 Wentworth Street North, Gibson, Hamilton, Ontario, L8L 8H5
4.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied69%
Rented31%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.