225 East 38th Street, Hamilton, ON

$669,000
MLS#:X11982175
2 beds
2 baths
1100-1500 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Raleigh. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $669,000 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 42.09 x 95.71 ft lot
  • Features a partially finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available
  • Notable attributes: Storage, Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this stunningly renovated and impeccably maintained 1.5-storey detached home in the sought-after Raleigh Community. Income potential with separate entrance, and perfect layout for a 'mortgage helper'. Offering 2 spacious bedrooms and 2 full bathrooms, with SEPARATE ENTRANCE for income potential! This home perfectly combines modern upgrades with timeless charm.Step inside to a bright, inviting space featuring contemporary finishes throughout. The updated (2022) kitchen boasts stylish white cabinetry, quartz countertops, stainless steel appliances, and pot lights. The open-concept living and dining area is enhanced by updated vinyl flooring, crown moulding, pot lights, and a large window allowing for abundant natural light. A 4-piece bathroom completes the main floor. Upstairs, the primary bedroom features vinyl flooring and a large window overlooking the backyard, while the second bedroom is ideal for a growing family or a home office. The partially finished basement offers additional living space with a 3-piece bathroom perfect for a rec room, play area, or guest suite complete with a separate side entrance. Step outside to a private backyard oasis, boasting new expansive deck ideal for summer BBQs and relaxation. The side driveway offers ample parking for five vehicles. Nestled in a family-friendly neighbourhood close to schools, parks, shopping, and with quick highway access, this turn-key home is a fantastic opportunity whether you're a first-time buyer or an investor looking to expand your portfolio!

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Property Summary

This detached home located at 225 East 38th Street, Hamilton is currently for sale and has been available on SousaSells for 509 days. This property is listed at $669,000 with an estimated mortgage of $2,227* per month. It has 2 beds, 2 bathrooms, and is 1100-1500 square feet. 225 East 38th Street, Hamilton is in the Raleigh neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 7, 2025
Sold price information is available to members only
Listed Date2/21/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionAluminum Siding, Brick
BasementPartially Finished, Separate Entrance
Lot Size42.09 × 95.71 Feet
CountyHamilton
Annual Tax$4,316.52
Legal DescriptionLT 11, PL 817 ; HAMILTON

Parking & Garage

Parking Spaces5.0
Garage Spaces5
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Park, Place Of Worship, Public Transit, School, Library

Interior Features

Storage, Carpet Free

Security Features

Community Features

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Location

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225 East 38th Street, Hamilton, ON
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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 225 East 38th Street, Hamilton, ON L8V 4G1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.

Configure Loan Settings

Interest Rate4.00%
Down Payment$200,700 (30.0%)
* Minimum Canadian down payment required for this price is $41,900.
Amortization Period30 Years
Estimated Monthly Payment$2,227Based on a loan of $468,300 over 30 years.
Purchase Price$669,000
Loan Amount$468,300
Provincial Land Transfer Tax:$9,855
Total Estimated Closing Taxes:$9,855

About Purchasing a Home in Hamilton, ON

For a property listed at $669,000 in Hamilton, the legal minimum down payment is $41,900 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 $9,855 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 $9,855.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Raleigh, Hamilton.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$586,697

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Blessed Sacrament
Public315 East 37th Street, Macassa, Hamilton, Ontario, L8V 4B5
6.5
Notre-Dame
Public400 Cumberland Avenue, Blakeley, Hamilton, Ontario, L8M 2A2
3.8
Sacred Heart
Public5 Hamilton Avenue, Eastmount, Hamilton, Ontario, L8V 2S3
7.2
Highview
Public1040 Queensdale Avenue East, Sunninghill, Hamilton, Ontario, L8T 1J4
4.5
Adelaide Hoodless
Public71 Maplewood Avenue, Blakeley, Hamilton, Ontario, L8M 1W7
6.8

Secondary Schools

Sherwood
Public25 High Street, Sherwood, Hamilton, Ontario, L8T 3Z4
4.4
Bernie Custis
Public1055 King Street East, Stipeley, Hamilton, Ontario, L8M 1C3
2.2
Cathedral
Public30 Wentworth Street North, Gibson, Hamilton, Ontario, L8L 8H5
4.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.