Welcome to this remarkable 2 1/2 Storey duplex located in the coveted neighborhood of Gibson. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $550,000 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.
Great Location, Legal Duplex with 2 large units. Unit 1: Separate side entrance ,Main floor, 1 Bedroom,1 Common room,updated Kithcen,combined Living/Dining,1 new 3pc Bath,Laundry.A Partially Large Finished Basement(could be a Unit 3). Unit 2:front door entry,large foyer,2 Bedrooms,1 Den,Kitchen,Laundry,living/Dining,3Pc Bathroom With A Finished Attic Space As Well As A Private Deck. A Large Workshop / Shed On The Property For Additional Storage. Hydro 100 amps each unit and Separate Meters.Private driveway,fenced yard with potential for more parking. Great For 1st Time Home Buyer Or Excellent Investor In The Heart Of city investment or to live in with rental income,Close to Tim Horton/s Field,Gage Park,Public Transit,School and More.
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Carpet Free
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 107 Spadina Avenue E, Hamilton, ON L8M 2X4
Based on 0 recent similar sales in the pocket.
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 $550,000 in Hamilton, the legal minimum down payment is $30,000 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 $7,475 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 $7,475.
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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.