Welcome to this remarkable Bungalow duplex located in the coveted neighborhood of Macassa. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $784,900 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 legal duplex is perfect for savvy investors or those looking to break into the market, this property offers a spacious three-bedroom main unit and a two-bedroom plus den lower level unit, each with its own hydro meter. This versatile setup provides a unique opportunity for an owner-occupant to live in the upper level while the established lower-level rental income significantly offsets carrying costs. Alternatively, an investor can optimize the entire property at current market rates and generate cash flow from day one. This turnkey legal duplex is situated in a high-demand area, mirroring the success of nearby sales in the area. Ideally located just minutes from parks, schools, and transit, it represents a prime asset for long-term appreciation and reliable cash flow. Whether you are seeking a smart mortgage helper or a high-performing addition to your portfolio, this property is designed to deliver on every front!
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Park, School
In-Law Suite, Separate Hydro Meter
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 313 East 33rd Street, Hamilton, ON L8V 3T9
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 $784,900 in Hamilton, the legal minimum down payment is $53,490 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 $12,173 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 $12,173.
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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.