142 Lottridge Street, Hamilton, ON
Property Highlights
Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Stipley. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $200,000 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.
- 6 Bedrooms and 1 Bathroom
- Generous living space spanning 1500-2000 sqft on a premium 25 x 89 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: Carpet Free
- Efficient other heating via other
Description
Attention Investors, Renovators & Large Families! Exceptional opportunity to transform this spacious 6 bedroom home into a high performing investment or stunning multi generational residence. The structure is solid with strong bones, offering the perfect canvas for a complete interior renovation. Featuring 6 generously sized bedrooms and 1 washroom, this property offers tremendous layout flexibility and income potential once updated. Ideal for investors seeking strong rental returns or buyers looking to customize a large home to their exact vision. Located in an established neighbourhood with solid resale potential. With the right renovation, this property can deliver significant upside. Property being sold in as is condition. Bring your contractor and unlock the full potential.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 142 Lottridge Street, Hamilton, ON L8L 6V4
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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 $200,000 in Hamilton, the legal minimum down payment is $10,000 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 $1,725 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 $1,725.
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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.