258 MCNEILLY Road, Hamilton, ON
Property no longer active
This property was sold on December 2, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey vacant land located in the coveted neighborhood of Fruitland. Expertly crafted featuring premium wood and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,200,000 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.
- 3 Bedrooms and 3 Bathrooms
- Generous living space spanning < 700 sqft on a premium 154 x 150 ft lot
- Features a unfinished, crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Heater
- equipped with other central cooling and highly efficient other heating via other
Description
Opportunity is knocking! Calling all investors, developers and savvy buyers! Presenting 258 McNeilly Road in beautiful Stoney Creek. Situated on a huge 156 x 150 foot lot with the possibility of severing into multiple lots and featuring an excellent location close to major transportation routes, amenities and schools and with beautiful views of the escarpment. The value here is in the land, backing on to a major proposed development and offering countless possibilities. Property is serviced by water, gas and sewers. The property is being sold AS IS with no access to the home. Buyer to do own due diligence with regards to future use/severance. Please do not walk the property without a scheduled appointment. Book your showing now before this amazing opportunity is gone.
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Property Summary
This vacant land located at 258 MCNEILLY Road, Hamilton is currently for sale and has been available on SousaSells for 665 days. This property is listed at $1,200,000 with an estimated mortgage of $3,994* per month. It has 3 beds, 3 bathrooms, and is < 700 square feet. 258 MCNEILLY Road, Hamilton is in the Fruitland 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 258 MCNEILLY Road, Hamilton, ON L8E 5H2
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 $1,200,000 in Hamilton, the legal minimum down payment is $240,000 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 $20,475 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 $20,475.
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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.