246 Federal Street, Hamilton, ON
Property no longer active
This property was sold on July 25, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Stoney Creek. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $875,000 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.
- 4 Bedrooms and 2 Bathrooms
- Premium 55 x 10 ft lot size
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Central Lower Stoney Creek raised ranch with updates throughout including a modern kitchen and tiled bathrooms. This 3+1 bedroom 2 Bathroom home is perfect for the growing family. Or you can utilize the layout, which is optimal for a in-law suite, with a few minor touches. Upstairs you will find open layout for the living room and dining room with a defined kitchen space. The kitchen boast a complete make over featuring quartz counter tops under mount sink and a gas stove. Down a short hall the upstairs is completed with three generous bedrooms and a full 4 piece bath. Downstairs you will find a large bedroom at the front a 3 piece bath, laundry and a large L shaped rec room. Additional storage is found under the stairs. The single car garage, has 2 doors one front and one back leading onto a concrete patio. The concrete pad overlooks a private fully fenced yard. Parking for 4 vehicles in the driveway plus the garage. The neighbour is close to parks schools shopping and less than 5km from both Toronto and Niagara QEW access. Book your showing today.
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Property Summary
This detached home located at 246 Federal Street, Hamilton is currently for sale and has been available on SousaSells for 736 days. This property is listed at $875,000 with an estimated mortgage of $2,913* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 246 Federal Street, Hamilton is in the Stoney Creek 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 246 Federal Street, Hamilton, ON L8E 1P5
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 $875,000 in Hamilton, the legal minimum down payment is $62,500 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 $13,975 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 $13,975.
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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.