243 Mill Street, Hamilton, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Dundas. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $649,900 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.
- 2 Bedrooms and 1 Bathroom
- Premium 72 x 120 ft lot size
- 4.0 total parking spaces available
- Notable attributes: Other
- equipped with other central cooling and highly efficient forced air heating via other
Description
Welcome to 243 Mill Street, a charming 3-bedroom bungalow in the heart of Dundas, Ontario. This home is an incredible opportunity for a homebuyer to make it their primary residence or an investor developer for commercial opportunities. This property, zoned R2 as per the City of Hamilton, offers versatile development options, including Duplex Dwelling, Fourplex Dwelling, Lodging House, Residential Care Facility, Retirement Home, Semi-Detached Dwelling, Single Detached Dwelling, Street Townhouse Dwelling, Triplex Dwelling, Community Garden, Day Nursery or Urban Farm (subject to municipal approvals). Nestled on a generous lot, the existing structure provides a foundation for renovation or redevelopment. Walking distance to downtown Dundas, this property offers easy access to charming shops, cafes, restaurants, and public transportation. Close to excellent schools, parks, and recreational facilities, the location ensures a high quality of life for future occupants. Dundas is known for its natural beauty, including nearby conservation areas and hiking trails, and boasts a strong sense of community with local events, farmers' markets, and cultural festivals. The property's prime location and R2 zoning present an excellent opportunity. Do not miss out on this exceptional investment opportunity!
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Property Summary
This detached home located at 243 Mill Street, Hamilton is currently for sale and has been available on SousaSells for 757 days. This property is listed at $649,900 with an estimated mortgage of $2,163* per month. It has 2 beds, 1 bathroom, and is unknown square feet. 243 Mill Street, Hamilton is in the Dundas neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 243 Mill Street, Hamilton, ON L9H 2L6
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 $649,900 in Hamilton, the legal minimum down payment is $39,990 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 $9,473 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 $9,473.
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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.