20 East 18th Street, Hamilton, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Inch Park. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $599,800 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 700-1100 sqft on a premium 40 x 107.5 ft lot
- Features a full, finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: In-Law Suite, Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
VALUE-ADD OPPORTUNITY IN DESIRABLE INCH PARK. Cozy 3+2 bedroom bungalow offering approx. 1,074 sq ft on the main level plus a full basement w/ separate side entrance and kitchenette, currently rented to a month-to-month tenant who is willing to stay or vacate if required for family use. The main floor requires updating (flooring repairs, kitchen refresh, bath repair), making this an ideal flip, BRRR, or live-upstairs and rent-downstairs opportunity. Large eat-in kitchen, living and dining area, & access to a 3-season enclosed sunroom overlooking the fully fenced yard. The backyard features a patio w/ gazebo and a generous-sized storage shed. Dedicated laundry on both the main floor and in the basement adds flexibility for multi-generational living or rental arrangements. Located in sought-after Inch Park on the Hamilton Mountain, close to Concession Street amenities, Juravinski Hospital, schools, parks, public transit, and mountain access. Enjoy nearby walking trails & convenient access to the escarpment stairs; perfect for outdoor enthusiasts. Basement currently provides income support in a high-demand rental area. Invest in location. Add value. Build equity over time. Ideal for: Investors seeking income potential, First-time buyers willing to add sweat equity, Renovators/flippers looking for value-add opportunity. A rare chance to secure an income-producing property in a strong Hamilton Mountain location.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Library, Park, Public Transit, Rec./Commun.Centre, School
Interior Features
In-Law Suite, Water Heater
Security Features
Community Features
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 20 East 18th Street, Hamilton, ON L9A 4N7
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 $599,800 in Hamilton, the legal minimum down payment is $34,980 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 $8,471 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 $8,471.
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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.