162 Newlands Avenue, Hamilton, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey duplex located in the coveted neighborhood of Homeside. Expertly crafted featuring premium aluminum siding and brick front construction, this residence presents an exceptional opportunity offered at $609,000 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.
- 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 25.05 x 100.2 ft lot
- Features a apartment, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: Accessory Apartment, Carpet Free, Separate Hydro Meter
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Can be sold separately or with 164 Newlands ave. Welcome to this beautifully renovated 1.5-storey property located at 162 Newlands Ave, Hamilton. This property features two distinct units, making it an excellent investment opportunity or ideal for multi-generational living. Main floor 3 br,1.5 baths separate laundry $2300 plus hydro, basement 2br 1 bath with laundry $1600 plus hydro. Both great tenants and willing to stay. The property has been renovated on both floors with modern finishings and stainless steel appliances. Both units have a dedicated outdoor space. Situated in a desirable neighborhood, this property offers easy access to local amenities, public transportation, and parks, making it an attractive option for renters. Cash flow positive.
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Property Summary
This duplex located at 162 Newlands Avenue, Hamilton is currently for sale and has been available on SousaSells for 607 days. This property is listed at $609,000 with an estimated mortgage of $2,027* per month. It has 5 beds, 3 bathrooms, and is 700-1100 square feet. 162 Newlands Avenue, Hamilton is in the Homeside neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Interior Features
Accessory Apartment, Carpet Free, Separate Hydro Meter
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 162 Newlands Avenue, Hamilton, ON L8H 2T9
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 $609,000 in Hamilton, the legal minimum down payment is $35,900 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 $8,655 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 $8,655.
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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.