Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Parkview. Expertly crafted featuring premium metal/steel siding construction, this residence presents an exceptional opportunity offered at $549,900 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.
The perfect home for young families, downsizers, or empty nesters! Welcome to 7 Lampton Place. This move-in-ready bungalow has 2 bedrooms and a full bathroom on the main floor, plus an additional bedroom in the fully renovated basement. The lower level also features a spacious combination bathroom and laundry room, providing added convenience and functionality.Numerous updates have been completed in recent years, including a beautifully renovated kitchen featuring ample cabinetry, granite countertops, a breakfast bar, and stainless steel appliances. The 4-piece main bathroom has been refreshed with updated fixtures, while exterior improvements include a resurfaced front porch and fresh exterior paint. Additional updates include a 100-amp electrical panel, updated water line, and much more. The basement renovation, completed in 2017, adds valuable living space and versatility to the home. With nothing left to do but move in and enjoy, this is an opportunity you won't want to miss! Don't miss your chance to make this charming bungalow your next home.
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Data-driven valuation for 7 Lampton Place, Hamilton, ON L8H 6J7
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Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.
About Purchasing a Home in Hamilton, ON
For a property listed at $549,900 in Hamilton, the legal minimum down payment is $29,990 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 $7,473 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 $7,473.
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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.