214 Wentworth Street, Hamilton, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of Stinson. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,625,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 59.5 x 102.5 ft lot size
- Convenient covered garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
An outstanding opportunity to own a well-maintained 13-unit apartment building in Hamilton. Featuring 12 one-bedroom units and 1 bachelor unit, this property offers strong income potential with individual hydro metering, coin-operated laundry, and a mix of parking options including a garage and ample surface parking. Every unit enjoys its own private balcony, while approximately half of the units have been recently renovated, offering excellent upside and tenant appeal. Conveniently located close to downtown, public transit, parks, shopping, schools, and major highway access, this is a turnkey addition to any growing real estate portfolio.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 214 Wentworth Street S, Hamilton, ON L8N 2Z4
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Hamilton, ON
For a property listed at $2,625,000 in Hamilton, the legal minimum down payment is $525,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $52,100 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $52,100.
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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.