279 Main Street, Hamilton, ON

$629,999
MLS#:X8433074
2 beds
3 baths
1100-1500 sqft
Residential Freehold
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Property no longer active

This property was sold on June 27, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2 1/2 Storey att/row/townhouse located in the coveted neighborhood of Kirkendall. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $629,999 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 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 13.58 x 67.41 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 0.0 total parking spaces available
  • Notable attributes: In-Law Suite, Carpet Free, Separate Hydro Meter
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This income-generating Duplex features two updated 1-bedroom units and 2.5 bathrooms, with over $3800/month in gross income and $400+ in monthly cash flow after expenses and mortgage. Enjoy modern amenities like a high-efficiency furnace, tankless water heater, central air, and stainless steel appliances. Both units have private decks, Separate Hydro Meters and the property includes separate laundry facilities. Conveniently located within walking distance to Locke St Shopping District and a 2-minute drive to Highway 403, this property is a fantastic investment opportunity or perfect for a first time home buyer to move in and offset their mortgage with some income!

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Property Summary

This townhouse located at 279 Main Street, Hamilton is currently for sale and has been available on SousaSells for 765 days. This property is listed at $629,999 with an estimated mortgage of $2,097* per month. It has 2 beds, 3 bathrooms, and is 1100-1500 square feet. 279 Main Street, Hamilton is in the Kirkendall neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
3
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 27, 2024
Sold price information is available to members only
Listed Date6/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style2 1/2 Storey
ConstructionStucco (Plaster)
BasementFull, Unfinished
Lot Size13.58 × 67.41 Feet
CountyHamilton
Annual Tax$3,767.4
Legal DescriptionPT LT 1 BLK 1 RANGE 2 JAMES MILLS SURVEY (BTN PEARL ST, JACKSON ST, RAY ST, MAIN ST) AS IN AB226022,

Parking & Garage

Parking Total0.0
Parking Space0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Public Transit, Library, Park, Hospital

Interior Features

In-Law Suite, Carpet Free, Separate Hydro Meter

Security Features

Community Features

Location

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279 Main Street, Hamilton, ON
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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 279 Main Street W, Hamilton, ON L8P 1J7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.

Configure Loan Settings

Interest Rate4.00%
Down Payment$189,000 (30.0%)
* Minimum Canadian down payment required for this price is $38,000.
Amortization Period30 Years
Estimated Monthly Payment$2,097Based on a loan of $440,999 over 30 years.
Purchase Price$629,999
Loan Amount$440,999
Provincial Land Transfer Tax:$9,075
Total Estimated Closing Taxes:$9,075

About Purchasing a Home in Hamilton, ON

For a property listed at $629,999 in Hamilton, the legal minimum down payment is $38,000 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 $9,075 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 $9,075.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Kirkendall, Hamilton.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$915,111

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Hess Street
Public107 Hess Street North, Central, Hamilton, Ontario, L8R 2T1
5.4
Queensdale
Public67 Queensdale Avenue East, Centremount, Hamilton, Ontario, L9A 1K4
6.6
Queen Victoria
Public166 Forest Avenue, Corktown, Hamilton, Ontario, L8N 0A5
2.7
Buchanan Park
Public30 Laurier Avenue, Buchanan, Hamilton, Ontario, L9C 3R9
3.8
Sts Peter & Paul
Public49 Fennell Avenue East, Balfour, Hamilton, Ontario, L9A 1R5
6.4

Secondary Schools

Westdale
Public700 Main Street West, Westdale South, Hamilton, Ontario, L8S 1A5
6.7
Georges-P-Vanier
Public100 Macklin Street North, Westdale North, Hamilton, Ontario, L8S 3S1
7.1
St. Mary’s
Catholic146 Park Street North, Central, Hamilton, Ontario, L8R 2N2
7.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.