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.
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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Hospital, Public Transit, Other
Floor Drain, Guest Accommodations, In-Law Capability, Water Heater Owned
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 42 East 31st Street, Hamilton, ON L8V 3N7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.
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.
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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.