249 WEST 2ND Street, Hamilton, ON
Property no longer active
This property was sold on November 13, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Bonnington. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $624,900 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 50 x 105.75 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Accessory Apartment
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Solid brick detached home with 2 separate self contained living units offering fully vacant possession!!! 4 bed and 2 bath with each unit containing a fully separate entrance and it's own kitchen and laundry set up! Ideal for home buyer looking for an easy house hacking opportunity to pay down majority of living expenses, in law suite to use for the family or an investor that wants a 2 unit positive cashflow rental. Large backyard and ample parking space. Prime location on a quiet street next to Upper James and Fennel with steps to Mohawk College, shopping and quick access to downtown on James St.
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Property Summary
This detached home located at 249 WEST 2ND Street, Hamilton is currently for sale and has been available on SousaSells for 673 days. This property is listed at $624,900 with an estimated mortgage of $2,080* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 249 WEST 2ND Street, Hamilton is in the Bonnington neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Accessory Apartment
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 249 WEST 2ND Street, Hamilton, ON L9C 3G4
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 $624,900 in Hamilton, the legal minimum down payment is $37,490 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 $8,973 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 $8,973.
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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.