148 Balsam Avenue, Hamilton, ON
Property no longer active
This property was sold on August 19, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Gibson. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $560,000 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.
- 3 Bedrooms and 2 Bathrooms
- Premium 25 x 83.5 ft lot size
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this charming 3-Bedroom, 2-Bathroom home nestled in the heart of Hamilton at 148 Balsam Ave N. This home beautifully blends character with modern living; Original hardwood and trim throughout, updated kitchen with ample cupboard space and SS appliances, quartz countertops (2019), and a finished basement complete with a kitchenette (2020) and new flooring (2020).With a detached 1-car garage and private parking space, this property is situated on a premium corner lot just steps away from Tim Hortons Field, Schools, Parks, Bernie Morelli Rec Centre, Grocery Stores and plenty of other amenities.Additional upgrades include: New breaker panel and garage hydro (2019); garage roof, washing machine and plumbing, basement shower (2020); Front storm door and awning (2021). Don't miss your chance to own this beautiful home in a sought-after neighbourhood!
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Property Summary
This detached home located at 148 Balsam Avenue, Hamilton is currently for sale and has been available on SousaSells for 715 days. This property is listed at $560,000 with an estimated mortgage of $1,864* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 148 Balsam Avenue, Hamilton is in the Gibson neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 148 Balsam Avenue N, Hamilton, ON L8L 6Y5
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 $560,000 in Hamilton, the legal minimum down payment is $31,000 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 $7,675 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 $7,675.
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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.