328 Margaret Avenue, Hamilton, ON

$888,888
MLS#:X9265961
2 beds
2 baths
10.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 7, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Stoney Creek Industrial. Expertly crafted featuring premium aluminum siding and stone construction, this residence presents an exceptional opportunity offered at $888,888 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 2 Bathrooms
  • Premium 67 x 180 ft lot size
  • Features a partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Auto Garage Door Remote, Carpet Free, Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

BRING ALL THE TOYS, THERES ROOM HERE! You really need to get inside to see all that this wonderful home has to offer. From the updated kitchen with granite island and countertops, to the large primary bedroom with wall to wall closet/storage space, there's really nothing left to do inside or out. 2 full baths on the main floor and main floor laundry add to the convenience of this layout. Clean and fresh, this spacious home will delight the whole family. The HUGE CUSTOM BUILT GARAGE with rear door has room for all the toys! Room for MULTl vehicles plus extra workspace inside. The large driveway can accommodate 5 vehicles, or the boat, or the trailer! The fully fenced, deep pool sized lot is private and includes a shed and covered patio area. Nicely landscaped. The finished basement adds to the living space. There's room to play inside and out! This quiet street is ideally located close to numerous amenities. Flexible closing avail. See it today!

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Property Summary

This detached home located at 328 Margaret Avenue, Hamilton is currently for sale and has been available on SousaSells for 695 days. This property is listed at $888,888 with an estimated mortgage of $2,959* per month. It has 2 beds, 2 bathrooms, and is unknown square feet. 328 Margaret Avenue, Hamilton is in the Stoney Creek Industrial neighborhood.

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

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 7, 2024
Sold price information is available to members only
Listed Date8/21/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionAluminum Siding, Stone
BasementPartial Basement
Lot Size67 × 180 Feet
CountyHamilton
Annual Tax$4,751
Legal DescriptionPT LT 18, CON 1 SALTFLEET, AS IN CD357608 ; STONEY CREEK CITY OF HAMILTON

Parking & Garage

Parking Total10.0
Parking Space5
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Auto Garage Door Remote, Carpet Free, Sump Pump

Security Features

Community Features

Location

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328 Margaret Avenue, 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 328 Margaret Avenue, Hamilton, ON L8E 2J4

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$266,666 (30.0%)
* Minimum Canadian down payment required for this price is $63,889.
Amortization Period30 Years
Estimated Monthly Payment$2,959Based on a loan of $622,222 over 30 years.
Purchase Price$888,888
Loan Amount$622,222
Provincial Land Transfer Tax:$14,253
Total Estimated Closing Taxes:$14,253

About Purchasing a Home in Hamilton, ON

For a property listed at $888,888 in Hamilton, the legal minimum down payment is $63,889 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 $14,253 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 $14,253.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$2,217,935

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

St Agnes
Public80 Colcrest Street, Riverdale East, Hamilton, Ontario, L8E 3Y8
5.5

Secondary Schools

No secondary schools data loaded.

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.