256 Fairfield Avenue, Hamilton, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Homeside. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $299,900 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 25 x 124 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: None
- Efficient forced air heating via gas
Description
Opportunity knocks! This two-bedroom bungalow is ready for a makeover. Ideal for investors, contractors or anyone looking to roll up their sleeves and build some equity. Stairs to the attic offers the potential for additional living space. The laneway allows for the possibility of rear parking. Updated furnace and water heater. Tucked into an East Hamilton location close to The Centre on Barton, Ottawa Street shops, public transit, schools, and parks.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 256 Fairfield Avenue, Hamilton, ON L8H 5H6
Based on 0 recent similar sales in the pocket.
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 $299,900 in Hamilton, the legal minimum down payment is $14,995 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 $2,974 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 $2,974.
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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.