98 East 37th Street, Hamilton, ON

$849,999
MLS#:X12099271
5 beds
3 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["1 1/2 Storey"] detached located in the coveted neighborhood of Raleigh. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $849,999 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 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 42 x 111 ft lot
  • Features a ["apartment", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: In-Law Suite, Separate Hydro Meter
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to this exceptional LEGAL DUPLEX, completely reimagined with $200,000 IN TOP-TO-BOTTOM UPGRADES! No detail was overlooked in this PROFESSIONALLY DESIGNED transformation, featuring BRAND-NEW PLUMBING, ELECTRICAL, HVAC, AND EXTERIOR UPDATES for modern efficiency and style. This TURNKEY INVESTMENT OPPORTUNITY boasts an UPGRADED 200-AMP ELECTRICAL SERVICE WITH TWO SEPARATE METERS, ensuring easy tenant utility management. The FULLY FINISHED BASEMENT presents a LUCRATIVE RENTAL POTENTIAL OF $2,000 PER MONTH, making this property an ideal choice for both investors and end users seeking additional income. Adding even more value, the property includes a DOUBLE DETACHED GARAGE, which can be converted into a LEGAL GARDEN SUITE, creating a THIRD INCOME-GENERATING UNIT making it into a Triplex. Every inch of this home showcases HIGH-END, HANDPICKED FINISHES BY A PROFESSIONAL DESIGNER, blending contemporary aesthetics with practical living spaces. Dont miss this RARE OPPORTUNITY to own a FULLY RENOVATED, CASH-FLOWING PROPERTY WITH FUTURE DEVELOPMENT POTENTIAL IN A PRIME LOCATION!

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 30, 2025
Sold price information is available to members only
Listed Date4/23/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Vinyl Siding
Lot Size42 × 111 Feet
CountyHamilton
Annual Tax$3,300
Legal DescriptionLT 22, PL 530, AS IN CD65537 ; PT LT 21, PL 530 ; HAMILTON

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Library, Park, School

Community Features

Location

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98 East 37th 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 98 East 37th Street, Hamilton, ON L8V 4A9

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$679,999.2
Monthly Mortgage$3,951
Property Tax (Est.)$275
Utilities & Maint.$350
Total Monthly Cost$4,576

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 Raleigh, Hamilton.

Verified Local Data
City Population785,184
City Median Age41.6 Yrs
City Ownership69% Owners
Avg Area List Price$581,090

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

Blessed Sacrament
Public315 East 37th Street, Macassa, Hamilton, Ontario, L8V 4B5
6.5
Notre-Dame
Public400 Cumberland Avenue, Blakeley, Hamilton, Ontario, L8M 2A2
3.8
Highview
Public1040 Queensdale Avenue East, Sunninghill, Hamilton, Ontario, L8T 1J4
4.5
Sacred Heart
Public5 Hamilton Avenue, Eastmount, Hamilton, Ontario, L8V 2S3
7.2
Franklin
Public500 Franklin Road, Burkholme, Hamilton, Ontario, L8V 2A4
4.3

Secondary Schools

Sherwood
Public25 High Street, Sherwood, Hamilton, Ontario, L8T 3Z4
4.4
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.