413 PALING Avenue, Hamilton, ON

$549,999
MLS#:X9381557
3 beds
2 baths
< 700 sqft
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Homeside. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $549,999 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.

  • 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning < 700 sqft on a premium 25 x 95 ft lot
  • Features a apartment, finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 0.0 total parking spaces available
  • Notable attributes: In-Law Suite
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Stunning renovation in a convenient location. This cute and clean brick bungalow offers a full IN law suite with private side door entry!!! Completely renovated top to bottom with 3 total bedrooms and 2 full bathrooms. Updates include 2 NEW kitchens, 2 New Baths, all new flooring throughout, LED pot lights, new trim and interior doors, new drywall, electrical, plumbing, all new lighting and fixtures. As you step through the front door, you'll be greeted by an inviting open-concept living room that flows seamlessly into the kitchen featuring custom cabinetry with QUARTZ counters, back splash, an under-mount sink, and all-new stainless steel appliances. The main floor also offers an updated 4-piece bathroom and two cozy bedrooms. The lower level is designed for multi-generational living or rental opportunities, featuring a spacious eat-in kitchen and a comfortable living room. An additional bedroom and a 3-piece bathroom complete this versatile space.

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Property Summary

This detached home located at 413 PALING Avenue, Hamilton is currently for sale and has been available on SousaSells for 652 days. This property is listed at $549,999 with an estimated mortgage of $1,831* per month. It has 3 beds, 2 bathrooms, and is < 700 square feet. 413 PALING Avenue, Hamilton is in the Homeside neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
2
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 18, 2024
Sold price information is available to members only
Listed Date10/2/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementApartment, Finished with Walk-Out
Lot Size25 × 95 Feet
CountyHamilton
Annual Tax$1,759.56
Legal DescriptionLT 112, PL 514 ; S/T & T/W CD324800 ; HAMILTON

Parking & Garage

Parking Spaces0.0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

In-Law Suite

Security Features

Community Features

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Location

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413 PALING 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 413 PALING Avenue, Hamilton, ON L8H 5K3

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$165,000 (30.0%)
* Minimum Canadian down payment required for this price is $30,000.
Amortization Period30 Years
Estimated Monthly Payment$1,831Based on a loan of $384,999 over 30 years.
Purchase Price$549,999
Loan Amount$384,999
Provincial Land Transfer Tax:$7,475
Total Estimated Closing Taxes:$7,475

About Purchasing a Home in Hamilton, ON

For a property listed at $549,999 in Hamilton, the legal minimum down payment is $30,000 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 $7,475 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 $7,475.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$533,305

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

W H Ballard
Public801 Dunsmure Road, Homeside, Hamilton, Ontario, L8H 1H9
3.7
Queen Mary
Public1292 Cannon Street East, Crown Point East, Hamilton, Ontario, L8H 1V6
3.9
St John the Baptist
Public115 London Street South, Delta East, Hamilton, Ontario, L8K 2G6
5.8
Viscount Montgomery
Public1525 Lucerne Avenue, Glenview West, Hamilton, Ontario, L8K 1R3
6.6
Holy Name of Jesus
Public181 Belmont Avenue, Crown Point West, Hamilton, Ontario, L8L 7M5
4.0

Secondary Schools

Sir Winston Churchill
Public1715 Main Street East, Normanhurst, Hamilton, Ontario, L8H 1E3
2.4
Bernie Custis
Public1055 King Street East, Stipeley, Hamilton, Ontario, L8M 1C3
2.2
Sherwood
Public25 High Street, Sherwood, Hamilton, Ontario, L8T 3Z4
4.4

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.