388 Wilson Street, Hamilton, ON
Property Highlights
Welcome to this remarkable 3-Storey triplex located in the coveted neighborhood of Landsdale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $710,000 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 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 48.1 x 40.09 ft lot
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Carpet Free, Separate Hydro Meter
- Efficient radiant heating via gas
Description
Great 3 unit investment property with parking available on bus route close to down town. Recent upgrades include: New furnace 2024 New steel roof 2019 Exterior waterproofing 2019 200A 3 meters 2017 1" Copper water supply line 2015. Current and projected rents P&L available. Main floor Occupied 2 bed 1 bath, Spacious freshly painted 2nd floor 2 bedroom 1 bath unit vacant ready for owner occupancy or new tenant of your choosing. 3rd floor 1 bed 1 bath. Basement: Coin op laundry, storage, 4 pc bath and kitchenette. 3rd and 2nd floor units are accessible by both interior staircase and fire escape stairs on exterior.
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Property Summary
This triplex located at 388 Wilson Street, Hamilton is currently for sale and has been available on SousaSells for 483 days. This property is listed at $710,000 with an estimated mortgage of $2,363* per month. It has 5 beds, 4 bathrooms, and is 1500-2000 square feet. 388 Wilson Street, Hamilton is in the Landsdale neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Public Transit, Hospital, Place Of Worship, School
Interior Features
Carpet Free, Separate Hydro Meter
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
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Location
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 388 Wilson Street, Hamilton, ON L8L 1S9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Hamilton, ON
For a property listed at $710,000 in Hamilton, the legal minimum down payment is $46,000 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 $10,675 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 $10,675.
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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.