This property was sold on January 24, 2025. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Stoney Creek. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $549,900 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.
Welcome to 214 Margaret Ave, a charming 2-bedroom bungalow nestled on an oversized 50 x 204 ft lot in the highly sought-after Stoney Creek neighbourhood. This property is perfect for first-time homebuyers, down-sizers, or anyone seeking a property with incredible potential. The main floor offers a functional layout featuring a bright eat-in kitchen, a spacious living area, two cozy bedrooms, and a 4-piece bathroom. The partially finished basement provides additional space that can be tailored to your needs - whether its a recreation room, office, or extra storage. One of the standout features of this property is the impressive outdoor space. The deep lot offers endless possibilities for outdoor living, gardening, or future expansion. The double-wide asphalt driveway provides ample parking for up to 10 vehicles, making it ideal for families with multiple vehicles, hobbyists, or hosting guests. While this home is in need of some minor TLC, its an excellent opportunity to customize and create your dream living space. The unbeatable location in Stoney Creek offers easy access to schools, parks, shopping, and public transit, ensuring all your daily conveniences are close at hand. Don't miss your chance to own this unique property with so much potential in one of Stoney Creek's most desirable neighbourhoods!
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This detached home located at 214 Margaret Avenue, Hamilton is currently for sale and has been available on SousaSells for 549 days. This property is listed at $549,900 with an estimated mortgage of $1,830* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 214 Margaret Avenue, Hamilton is in the Stoney Creek neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Fenced Yard, Level, Park, Place Of Worship, Rec./Commun.Centre, School
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Data-driven valuation for 214 Margaret Avenue, Hamilton, ON L8E 2H8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.
About Purchasing a Home in Hamilton, ON
For a property listed at $549,900 in Hamilton, the legal minimum down payment is $29,990 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 $7,473 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 $7,473.
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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.