This property was sold on June 27, 2024. This listing is for reference purposes only. to view the sold price.
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.
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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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.Public Transit, Library, Park, Hospital
In-Law Suite, Carpet Free, Separate Hydro Meter
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 279 Main Street W, Hamilton, ON L8P 1J7
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 $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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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.