251 King Street, Hamilton, ON
Property Highlights
Welcome to this remarkable Bungalow other located in the coveted neighborhood of Stoney Creek. Expertly crafted featuring premium aluminum siding and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,275,000 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.
- 6 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 78.6 x 223.89 ft lot
- Features a separate entrance, apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 15.0 total parking spaces available
- Notable attributes: In-Law Suite, Guest Accommodations, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rare Investment & Development Opportunity! This legal, turnkey triplex sits on a massive 79ft x 224ft lot in prime Stoney Creek. Offering incredible versatility, this property features three fully self-contained, permitted units-ideal for a pure investor, land-banker, or owner-occupant seeking a massive mortgage helper. Main Bungalow: Features a spacious 4-bed, 2-bath upper level and a newly renovated 2-bed lower-level apartment with a private entrance and modern finishes. Coach House: A detached, fully renovated 2-bedroom residence with its own separate address, parking, and yard/patio for ultimate privacy. Located in the heart of Stoney Creek with easy access to shopping, schools, buses, and the QEW. Live in one unit and let the rent fund the investment. All units are legal and permitted. A must-see!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Library, Place Of Worship, Park, Public Transit, School
Interior Features
In-Law Suite, Guest Accommodations, Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter
Security Features
Community Features
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 251 King Street E, Hamilton, ON L8G 1L9
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 $1,275,000 in Hamilton, the legal minimum down payment is $255,000 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 $21,975 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 $21,975.
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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.