286 East 18th Street, Hamilton, ON

$979,000
MLS#:X9378134
5 beds
4 baths
1500-2000 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Inch Park. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $979,000 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.

  • 5 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 42 x 113.5 ft lot
  • Features a separate entrance, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Water Heater, In-Law Suite, Guest Accommodations
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This fully renovated custom home features brand-new electrical and plumbing throughout, ensuring modern functionality and peace of mind. The home includes a spacious in-law unit, perfect for multi-generational living or additional rental income. The massive primary bedroom boasts a luxurious ensuite, while the expansive backyard and deck offer endless possibilities for outdoor entertaining. Don't miss the chance to make this home yours today!

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Property Summary

This detached home located at 286 East 18th Street, Hamilton is currently for sale and has been available on SousaSells for 652 days. This property is listed at $979,000 with an estimated mortgage of $3,259* per month. It has 5 beds, 4 bathrooms, and is 1500-2000 square feet. 286 East 18th Street, Hamilton is in the Inch Park neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
4
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 23, 2024
Sold price information is available to members only
Listed Date10/2/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Aluminum Siding
BasementSeparate Entrance, Full
Lot Size42 × 113.5 Feet
CountyHamilton
Annual Tax$3,785.95
Legal DescriptionLT 75, PL 762 ; HAMILTON

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School, Hospital

Interior Features

Water Heater, In-Law Suite, Guest Accommodations

Security Features

Community Features

Location

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286 East 18th 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 286 East 18th Street, Hamilton, ON L9A 4P6

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.

Market Trend
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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$293,700 (30.0%)
* Minimum Canadian down payment required for this price is $72,900.
Amortization Period30 Years
Estimated Monthly Payment$3,259Based on a loan of $685,300 over 30 years.
Purchase Price$979,000
Loan Amount$685,300
Provincial Land Transfer Tax:$16,055
Total Estimated Closing Taxes:$16,055

About Purchasing a Home in Hamilton, ON

For a property listed at $979,000 in Hamilton, the legal minimum down payment is $72,900 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 $16,055 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 $16,055.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$674,245

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

George L Armstrong
Public460 Concession Street, Inch Park, Hamilton, Ontario, L9A 1C3
3.0
Sacred Heart
Public5 Hamilton Avenue, Eastmount, Hamilton, Ontario, L8V 2S3
7.2
Queensdale
Public67 Queensdale Avenue East, Centremount, Hamilton, Ontario, L9A 1K4
6.6
Queen Victoria
Public166 Forest Avenue, Corktown, Hamilton, Ontario, L8N 0A5
2.7
Sts Peter & Paul
Public49 Fennell Avenue East, Balfour, Hamilton, Ontario, L9A 1R5
6.4

Secondary Schools

Cathedral
Public30 Wentworth Street North, Gibson, Hamilton, Ontario, L8L 8H5
4.6

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.