171 Balmoral Avenue, Hamilton, ON
Property Highlights
Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Crown Point. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $589,000 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 20.67 x 107 ft lot
- Features a partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient other configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Discover this amazing legal duplex, ideally located close to amenities, offering an excellent investment opportunity. The property features two separate apartments, each with its own entrance, shared laundry facilities, and separate meters. Apartment 1, situated on the main floor, includes a cozy layout with one bedroom, 3pc bath, kitchen, and a living room, perfect for singles or couples seeking comfort and convenience. Apartment 2 is located on the second floor, featuring one bedroom, a 4 pc bath, a large living room, with two additional bedrooms on the upper level, making it ideal for small families or individuals needing extra space. With its prime location and versatile living arrangements, this legal duplex (certificate in supplements) is a fantastic opportunity for investors looking to maximize returns and future growth potential.
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Property Summary
This detached home located at 171 Balmoral Avenue, Hamilton is currently for sale and has been available on SousaSells for 624 days. This property is listed at $589,000 with an estimated mortgage of $1,961* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 171 Balmoral Avenue, Hamilton is in the Crown Point 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 171 Balmoral Avenue N, Hamilton, ON L8L 7R9
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 $589,000 in Hamilton, the legal minimum down payment is $33,900 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 $8,255 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 $8,255.
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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.