40 Marion Avenue, Hamilton, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Westdale. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $885,000 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.
- 6 Bedrooms and 2 Bathrooms
- Premium 30 x 100 ft lot size
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this beautiful home in the desirable community of Westdale. This large 6 Bedroom home is a student rental which is fully leased with AAA tenants which brings in excellent income. Steps to Westdale Village and Mcmaster University. This property has a separate entrance and laundry in basement for all the tenants. Lots of potential with this property as both a rental and a future family home. Updated wiring. Come see for yourself how vibrant this community truly is.
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Property Summary
This detached home located at 40 Marion Avenue, Hamilton is currently for sale and has been available on SousaSells for 762 days. This property is listed at $885,000 with an estimated mortgage of $2,946* per month. It has 6 beds, 2 bathrooms, and is unknown square feet. 40 Marion Avenue, Hamilton is in the Westdale 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
Arts Centre, Hospital, Park, Public Transit, School, School Bus Route
Interior Features
None
Security Features
Community Features
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 40 Marion Avenue S, Hamilton, ON L8S 1T4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.
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About Purchasing a Home in Hamilton, ON
For a property listed at $885,000 in Hamilton, the legal minimum down payment is $63,500 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 $14,175 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 $14,175.
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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.