42 East 31st Street, Hamilton, ON

$649,900
MLS#:X12985322
4 beds
3 baths
1500-2000 sqft
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Raleigh. Expertly crafted featuring premium vinyl siding and brick veneer construction, this residence presents an exceptional opportunity offered at $649,900 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 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 37.67 x 81.18 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Floor Drain, Guest Accommodations, In-Law Capability
  • Efficient forced air heating via gas

Description

Freshly updated & move-in ready! This 4-bedroom, 3 bath home has two kitchens, recreation room, 2 laundry areas and a separate entrance, offering a versatile layout to accommodate your large family, extended family, or the possibility to generate rental income. The double-wide driveway fits 2 vehicles and leads to a front deck and large enclosed porch. Inside, the foyer opens into a bright open concept living/dining space featuring new " hardwood flooring and high ceilings throughout the main level. The main floor includes 3 bedrooms, all with hardwood, plus a new 4-piece bathroom with porcelain flooring, a soaker tub, and tile surround. The new eat-in kitchen features quartz countertops, ample cabinetry, hardwood flooring, and a quartz breakfast bar. It also provides access to a common area with a separate side entrance, leading to the backyard and upper portion of the home. The separate entrance off the kitchen has stairs that lead to a landing and a cozy upper deck with glass railing overlooking the yard. A few steps up is another landing that works perfectly as a mudroom, before entering the upper unit. The upper level has been updated and includes a newer kitchen with luxury vinyl flooring and granite countertops, plus an updated 4-piece bathroom with luxury vinyl flooring and a glass-entry shower with ceramic tile surround. The original hardwood has been refinished and runs through the spacious bedroom and combined living/dining area, which features vaulted ceilings and recessed lighting. The newly constructed lower level offers a recreation room with recessed lighting and broadloom, a 2-piece bath, and a large laundry/mechanical/storage area. Ideally located near Juravinski Hospital, this property is perfect for investors, extended families, or anyone looking for a flexible layout with income potential to help pay for expenses.

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Key Features

Bedrooms
4
Bathrooms
3
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 20, 2026
Sold price information is available to members only
Listed Date4/10/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionVinyl Siding, Brick Veneer
BasementFull, Finished
Lot Size37.67 × 81.18 Feet
CountyHamilton
Annual Tax$4,524.92
Legal DescriptionPLAN 588 PT LOT 12 LOTR 13 RP 62R8510 PART 1

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Hospital, Public Transit, Other

Interior Features

Floor Drain, Guest Accommodations, In-Law Capability, Water Heater Owned

Security Features

Community Features

Location

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42 East 31st Street, 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 42 East 31st Street, Hamilton, ON L8V 3N7

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.

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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 Rate5.25%
Down Payment$39,990 (6.2%)
* Minimum Canadian down payment required for this price is $39,990.
Amortization Period25 Years
Estimated Monthly Payment$3,635Based on a loan of $609,910 over 25 years.
Purchase Price$649,900
Loan Amount$609,910
Provincial Land Transfer Tax:$9,473
Total Estimated Closing Taxes:$9,473

About Purchasing a Home in Hamilton, ON

For a property listed at $649,900 in Hamilton, the legal minimum down payment is $39,990 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 $9,473 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 $9,473.

Nearby Listings

Distance:

No current listings found in Hamilton.

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City & Neighborhood Guide

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

Verified Local Data
City Population785,184
City Median Age41.6 Yrs
City Ownership69% Owners
Avg Area List Price$553,597

People & Families

Age Distribution

Household Composition

One-person households
27%
Families with children
45%
Couples without children
27%
Other households
1%

Top Ethnic Origins

English21%
Scottish17%
Irish16%
Canadian13%

Local Schools Guide

Elementary Schools

Notre-Dame
Public400 Cumberland Avenue, Blakeley, Hamilton, Ontario, L8M 2A2
3.8
Blessed Sacrament
Public315 East 37th Street, Macassa, Hamilton, Ontario, L8V 4B5
6.5
Sacred Heart
Public5 Hamilton Avenue, Eastmount, Hamilton, Ontario, L8V 2S3
7.2
Highview
Public1040 Queensdale Avenue East, Sunninghill, Hamilton, Ontario, L8T 1J4
4.5
Adelaide Hoodless
Public71 Maplewood Avenue, Blakeley, Hamilton, Ontario, L8M 1W7
6.8

Secondary Schools

Sherwood
Public25 High Street, Sherwood, Hamilton, Ontario, L8T 3Z4
4.4
Bernie Custis
Public1055 King Street East, Stipeley, Hamilton, Ontario, L8M 1C3
2.2
Cathedral
Public30 Wentworth Street North, Gibson, Hamilton, Ontario, L8L 8H5
4.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied69%
Rented31%

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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.