329 MARGARET Avenue, Hamilton, ON

$699,950
MLS#:X9393891
4 beds
1 baths
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on January 16, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Backsplit 4 detached located in the coveted neighborhood of Stoney Creek Industrial. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $699,950 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.

  • 4 Bedrooms and 1 Bathroom
  • Premium 74.79 x 180.89 ft lot size
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this nicely spaced out home for growing family. with 4 bedrooms -2 on main level and 2 on 2nd level over garage. Well desired RARE 74' X 180' lot featuring many mature trees and plenty of front parking. This property has many options Renovate, add on or knock down & build your dream home. Fantastic lower Stoney Creek location near Fruitland Road Exit off Q.E.W. Some updates over years include windows aprx2014, kitchen 2022, gas furnace 2009 and 3 piece bathroom 2024. Please note in ground pool was operating in 2023 and not opened in 2024 season. Buyer to inspect and satisfy themselves with condition. Pool pump new in 2023(in garage) included. Appliances are to sold as is condition.

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Property Summary

This detached home located at 329 MARGARET Avenue, Hamilton is currently for sale and has been available on SousaSells for 644 days. This property is listed at $699,950 with an estimated mortgage of $2,330* per month. It has 4 beds, 1 bathroom, and is unknown square feet. 329 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
4
Bathrooms
1
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 16, 2025
Sold price information is available to members only
Listed Date10/11/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBacksplit 4
ConstructionAluminum Siding
BasementCrawl Space
Lot Size74.79 × 180.89 Feet
CountyHamilton
Annual Tax$4,398
Legal DescriptionPT LT 18, CON 1 SALTFLEET , AS IN CD16314 ; STONEY CREEK CITY OF HAMILTON

Parking & Garage

Parking Spaces6.0
Garage Spaces5
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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329 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 329 MARGARET Avenue, Hamilton, ON L8E 2J3

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$209,985 (30.0%)
* Minimum Canadian down payment required for this price is $44,995.
Amortization Period30 Years
Estimated Monthly Payment$2,330Based on a loan of $489,965 over 30 years.
Purchase Price$699,950
Loan Amount$489,965
Provincial Land Transfer Tax:$10,474
Total Estimated Closing Taxes:$10,474

About Purchasing a Home in Hamilton, ON

For a property listed at $699,950 in Hamilton, the legal minimum down payment is $44,995 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 $10,474 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 $10,474.

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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.