194 East 12th Street, Hamilton, ON
Property no longer active
This property was sold on September 20, 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 Inch Park. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $749,900 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 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 43 x 102 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Water Heater, Accessory Apartment, In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Attention investors, first-time homebuyers, or families seeking versatile living options! This turn-key LEGAL DUPLEX on the Hamilton Mountain features a spacious 3-bedroom, 1-bathroom unit upstairs, and an inviting 2-bedroom, 1- bathroom unit downstairs. Newly converted to a legal duplex in Oct 2019, which included a new furnace, AC, windows, kitchens with granite counters, and appliances (including dishwashers)! Great layout, with both units having above-ground living space. Both units have private laundry. There are 2 electrical panels for ease of splitting utility costs. The large back yard has potential for a garden-suite in the future! Benefits of a legal duplex include reduced noise transfer & increased safety and fire controls. Great location, close to parks, schools, and all the conveniences of Upper James. Main Floor Tenant Pays $2,255/month plus utilities and the basement unit is vacant. Don't miss out on this great opportunity!
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Property Summary
This detached home located at 194 East 12th Street, Hamilton is currently for sale and has been available on SousaSells for 737 days. This property is listed at $749,900 with an estimated mortgage of $2,496* per month. It has 5 beds, 2 bathrooms, and is 1100-1500 square feet. 194 East 12th Street, Hamilton is in the Inch Park neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Water Heater, Accessory Apartment, In-Law Suite
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Location
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 194 East 12th Street, Hamilton, ON L9A 3X6
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 $749,900 in Hamilton, the legal minimum down payment is $49,990 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 $11,473 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 $11,473.
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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.