Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Gibson. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $675,000 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.
Rare turn-key fire-retrofitted, legally established non-conforming two-family dwelling with three separate units. The upper unit is currently vacant allowing buyer to set new rent. This property boasts long-term, clean, and respectful tenants, making it an excellent investment opportunity. Recent updates include newer electrical with ESA certificate & inspection & newer plumbing throughout the building, premium energy efficient easy-clean tilt-in windows, new shingles in 2016. The modern kitchens and bathrooms have been tastefully updated, featuring some ceramic flooring for added elegance in these essential spaces. The spacious basement apartment has been refurbished, offering a fresh and inviting living area. Outside, you'll find a fully fenced yard with the rear fence easily reopened for double driveway access through the alley, enhancing parking options and ease of entry. Additionally, the attic space is unfinished and ready for your personal touch, providing the potential for further expansion or customization. With its prime location, established tenants, and numerous updates, this property is a fantastic opportunity for both seasoned investors, multi generational families &first-time buyers alike.
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This detached home located at 24 CARRICK Avenue, Hamilton is currently for sale and has been available on SousaSells for 406 days. This property is listed at $675,000 with an estimated mortgage of $2,247* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 24 CARRICK Avenue, Hamilton is in the Gibson neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Fenced Yard, Level, Park, Public Transit, Rec./Commun.Centre, School
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Data-driven valuation for 24 CARRICK Avenue, Hamilton, ON L8M 2W1
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 $675,000 in Hamilton, the legal minimum down payment is $42,500 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 $9,975 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 $9,975.
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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.