Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Blakeley. Expertly crafted featuring premium vinyl siding and stone construction, this residence presents an exceptional opportunity offered at $499,000 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.
Just a short walk to Gage Park and the vibrant Ottawa Street shopping district, this charming 1-storey home is the perfect starter or downsizer. Featuring 2 bedrooms, including one with a large dormer den-ideal for storage, a spacious walk-in closet, or a teen retreat-this home offers flexibility to suit your needs. The main floor includes a generous 4-piece bath, updated eat-in kitchen with gas stove and fridge included, separate dining room, bright living room, and a main-floor office or potential third bedroom. The full basement is clean and unfinished, offering excellent storage or future potential. Enjoy morning coffee on the welcoming front porch or relax in the enclosed rear porch overlooking a private, fully fenced backyard complete with a perennial pollinator garden. A rare bonus: 3-car asphalt parking pad accessed from the rear lane. Impeccably clean, freshly painted in areas, and truly move-in ready. Room sizes approximate
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Data-driven valuation for 261 Prospect Street S, Hamilton, ON L8M 2Z8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.
About Purchasing a Home in Hamilton, ON
For a property listed at $499,000 in Hamilton, the legal minimum down payment is $24,950 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 $6,455 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 $6,455.
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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.