242 West 18th Street, Hamilton, ON

$834,900
MLS#:X10412241
4 beds
2 baths
700-1100 sqft
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Buchanan. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $834,900 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.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 41.67 x 100 ft lot
  • Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Separate Hydro Meter
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

LEGAL DUPLEX..Beautiful raised bungalow located on a quiet street in the desirable West Mountain area, just minutes away from the escarpment, parks, schools, shopping, and highway access. Main Floor: This spacious 2-bedroom + den (or dining room), 1-bathroom floor plan offers an open concept living space. The original hardwood floors have been beautifully maintained throughout the main level. The large living room/dining room area features a picturesque window that lets in plenty of natural light. The updated eat-in kitchen boasts stainless steel appliances, marble counters, and a large built-in eating area overlooking the living room. The 4-piece bath has been recently renovated. Lower Level: Newly renovated open-concept 2-bedroom, 1-bathroom unit with high-end finishes, currently leased at top of the rental market. ***Rental income helps qualify for your mortgage payments*** Upgraded Electrical Service 200A separately metered units, Above code sound dampening Sono pans in basement. Property has been virtually enhanced and staged

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Property Summary

This detached home located at 242 West 18th Street, Hamilton is currently for sale and has been available on SousaSells for 617 days. This property is listed at $834,900 with an estimated mortgage of $2,779* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 242 West 18th Street, Hamilton is in the Buchanan neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 20, 2025
Sold price information is available to members only
Listed Date11/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementSeparate Entrance, Finished
Lot Size41.67 × 100 Feet
CountyHamilton
Annual Tax$5,066
Legal DescriptionPT LTS 97 & 99, PL 581, AS IN HL54161; LT 98, PL 581; HAMILTON

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

School, Public Transit, Park

Interior Features

Separate Hydro Meter

Security Features

Community Features

Location

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242 West 18th 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 242 West 18th Street, Hamilton, ON L9C 4G9

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$250,470 (30.0%)
* Minimum Canadian down payment required for this price is $58,490.
Amortization Period30 Years
Estimated Monthly Payment$2,779Based on a loan of $584,430 over 30 years.
Purchase Price$834,900
Loan Amount$584,430
Provincial Land Transfer Tax:$13,173
Total Estimated Closing Taxes:$13,173

About Purchasing a Home in Hamilton, ON

For a property listed at $834,900 in Hamilton, the legal minimum down payment is $58,490 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 $13,173 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 $13,173.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$801,240

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

Monseigneur-de-Laval
Public135 Bendamere Avenue, Buchanan, Hamilton, Ontario, L9C 1N4
4.9
Buchanan Park
Public30 Laurier Avenue, Buchanan, Hamilton, Ontario, L9C 3R9
3.8
Annunciation of Our Lord
Public250 Limeridge Road West, Rolston, Hamilton, Ontario, L9C 2V2
6.2
Chedoke
PublicWest 27th Street, Westcliffe East, Hamilton, Ontario, L9C 4Z5
4.5
Norwood Park
PublicBalfour, Hamilton, Ontario
8.4

Secondary Schools

Westmount
Public39 Montcalm Drive, Rolston, Hamilton, Ontario, L9C 4B1
7.3
Sir Allan MacNab
Public145 Magnolia Drive, Fessenden, Hamilton, Ontario, L9C 5P4
3.8

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.