245 West 16th Street, Hamilton, ON
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 $679,999 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 50 x 120 ft lot
- Features a separate entrance, development potential basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available
- Notable attributes: In-Law Capability, Primary Bedroom - Main Floor, Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome Home to this All-Brick West Mountain BUNGALOW...on the LARGEST LOT ON THE STREET! Located in the sought after Buchanan Neighbourhood, on a gorgeous tree-lined street, this solid, well cared for home is situated on a 50 x 120 foot lot, and offers great value for both First Time Home Buyers and Downsizers. Featuring 3 BR w/ Original Hardwood, 2 FULL BTH, Separate Entrance for In-Law Capability, a Huge Lower Level Rec Room with Pot Lights, and a Long Paved Driveway with Parking for 8. There's new LED Lighting throughout, and the major components have been updated by the current Owner (since 2012), including Roof, Furnace, A/C, 3/4" Copper Water Line, Gutters and Downspouts, Driveway, New Exterior and Interior (Series 800) Doors, Attic and Wall Insulation, and a Renovated Yard with Patio, Two Sheds and Privacy Cedars. Surrounded by Parks, Schools and terrific Amenities, with Convenient Highway Access just minutes away, this is as Family Friendly as it gets...it could also provide a creative Investor with exceptional returns. OH this weekend Saturday AND Sunday from Noon to 4 pm.
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Property Summary
This detached home located at 245 West 16th Street, Hamilton is currently for sale and has been available on SousaSells for 420 days. This property is listed at $679,999 with an estimated mortgage of $2,263* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 245 West 16th Street, Hamilton is in the Buchanan neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Park, Public Transit, Rec./Commun.Centre, School, Place Of Worship
Interior Features
In-Law Capability, Primary Bedroom - Main Floor, Storage, Upgraded Insulation
Security Features
Community Features
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Location
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 245 West 16th Street, Hamilton, ON L9C 4C7
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 $679,999 in Hamilton, the legal minimum down payment is $43,000 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 $10,075 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 $10,075.
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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.