2.5 Rembe Avenue, Hamilton, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Hamilton Beach. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $389,900 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 46.63 x 105.9 ft lot size
Description
Don't miss this exceptional opportunity to build your dream home in the highly sought-after Hamilton Beach community, surrounded by beautiful new custom homes. Plans and drawings for a proposed 2-storey detach home of approximately 2,890 sqft of living space and a potential to add 1,178 sqft loft giving you over 4,000 sqft of usable space at this property, are available to the purchaser, offering a head start on your building project. Ideally located on the Burlington border, this property provides convenient access to the GTA and is just minutes from the QEW. Enjoy an active waterfront lifestyle with Lake Ontario directly across the street and access to a scenic 12-kilometre waterfront trail stretching from downtown Burlington to Stoney Creek, perfect for strolls, jogging, or cycling while taking in breathtaking shoreline views. An excellent opportunity for builders, investors, or end users looking to create a custom home in a rapidly developing neighbourhood. Option to purchase together with the adjacent lot MLS# X13492496 for added development potential. Contact Listing Agent to discuss further.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2.5 Rembe Avenue, Hamilton, ON L8H 7G6
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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 $389,900 in Hamilton, the legal minimum down payment is $19,495 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 $4,324 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 $4,324.
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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.