262 East 27th Street, Hamilton, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Eastmount. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $249,999 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 39.5 x 108 ft lot
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Opportunity on Hamilton Mountain! Situated on a generous 108 x 39.50 ft lot, this 1 storey home at 262 East 27th Street offers excellent potential for the right buyer. Ideal for a handyman, contractor, investor, or first-time buyer with the resources to renovate, this property requires extensive repairs and updates throughout. The home is in significant need of renovation and restoration and is being sold in as-is, where-is condition. The seller makes no representations or warranties regarding the condition of the property. With the right vision and investment, this property presents an opportunity to renovate, rebuild, or add value in a well-established Hamilton Mountain neighbourhood close to schools, parks, transit, and amenities.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 262 East 27th Street, Hamilton, ON L8V 3G6
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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 $249,999 in Hamilton, the legal minimum down payment is $12,500 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 $2,225 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 $2,225.
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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.