169 Delaware Avenue, Hamilton, ON
Property no longer active
This property was sold on October 4, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 3-Storey fourplex located in the coveted neighborhood of St. Clair. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $1,450,000 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.
- 7 Bedrooms and 6 Bathrooms with 4 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 80 x 95 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- equipped with window unit(s) central cooling and highly efficient radiant heating via gas
Description
Welcome to 169 Delaware Ave, a stunning century home in the coveted St. Claire neighbourhood of Hamilton, Ontario. This beautiful property boasts many original features such as original hardwood floors, intricate crown molding, and grand windows that showcase the charm of these homes. This property has been updated with many modern amenities. 3 of the units have been renovated to include upgraded appliances, newer kitchens and bathrooms, ensuring a comfortable and stylish living space for tenants. With its prime location in one of Hamilton's most desirable neighbourhoods, this property presents a lucrative investment opportunity with upside on the income potential. The potential for strong rental income combined with the timeless appeal of a historic home makes this property a rare find in today's market. Updates include: Electrical, some plumbing, flat top roof (2021), Boiler (2023), Water heater (2019). Don't miss this opportunity!
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Property Summary
This fourplex located at 169 Delaware Avenue, Hamilton is currently for sale and has been available on SousaSells for 709 days. This property is listed at $1,450,000 with an estimated mortgage of $4,827* per month. It has 7 beds, 6 bathrooms, and is 3500-5000 square feet. 169 Delaware Avenue, Hamilton is in the St. Clair neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 169 Delaware Avenue, Hamilton, ON L8M 1V7
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 $1,450,000 in Hamilton, the legal minimum down payment is $290,000 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 $25,475 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 $25,475.
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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.