16 BURNS Place, Hamilton, ON
Property no longer active
This property was sold on September 27, 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 Raleigh. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $679,000 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 43.29 x 93.58 ft lot
- Features a finished, apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to your new home that offers unlimited potential. This beautiful home is situated in a quiet cul-de-sac which offers a safe place to play without traffic. On the main floor there is a bright living room, formal dining room, a 4-piece bath & an eat-in kitchen with additional laundry hook up. The 2nd floor has 2 bedrooms & plumbing to allow for a future bathroom. The home boasts a newly renovated 2-bed basement in-law suite featuring a separate entrance, a kitchen and a 3-piece bath. Ideal for a student rental, this property is only a 5-minute walk to the bus stop on Fennel Ave E to get to Mohawk College. Outside, the property has an extra-long driveway with parking for 4 & a pool-sized backyard. Other features include; complete plumbing/drainage updates, many newer windows; a 200 amp electrical panel with EV drivers in mind. This home is in a convenient location, easy access to multiple grocery stores, Dollarama, Tim Hortons & more. RSA.
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Property Summary
This detached home located at 16 BURNS Place, Hamilton is currently for sale and has been available on SousaSells for 686 days. This property is listed at $679,000 with an estimated mortgage of $2,260* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 16 BURNS Place, Hamilton is in the Raleigh 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 16 BURNS Place, Hamilton, ON L8V 1N7
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 $679,000 in Hamilton, the legal minimum down payment is $42,900 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 $10,055 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 $10,055.
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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.