42 Martimas Avenue, Hamilton, ON

$394,000
MLS#:X12401884
2 beds
1 baths
700-1100 sqft
2.0 parking
Residential Freehold
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Property no longer active

This property was sold on September 16, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Industrial Sector. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $394,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 37.5 x 114 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Carpet Free, Water Heater, Water Meter
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Opportunity and imagination is all that is required. Solid Brick home built in 1925 bungalow 34 x 22 outside measurements Dry unfinished basement with decent ceiling height. Attic with opportunity to add dormers to utilize the space more effectively (Primary bedroom?)or a 2nd level? Large single garage that opens to a back alley once the fence is removed. Private drive at front of house that can park at least two cars Good sized lot for backyard play. Home is clean, well taken care off. Good windows, decent roof, solid furnace and AC. Imagination for an adventurer to take on. Liveable as is but POTENTIAL abounds24 hour Irrevocable as owner in another part of Canada. Vacant and ready for its next chapter!

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Property Summary

This detached home located at 42 Martimas Avenue, Hamilton is currently for sale and has been available on SousaSells for 310 days. This property is listed at $394,000 with an estimated mortgage of $1,311* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 42 Martimas Avenue, Hamilton is in the Industrial Sector neighborhood.

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

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 16, 2025
Sold price information is available to members only
Listed Date9/12/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFull, Unfinished
Lot Size37.5 × 114 Feet
CountyHamilton
Annual Tax$2,485
Legal DescriptionLT 325, PL 505 ; PT LT 326, PL 505, AS IN NS52549 ; HAMILTON

Parking & Garage

Parking Total2.0
Parking Space2
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Level

Interior Features

Carpet Free, Water Heater, Water Meter, Workbench

Security Features

Community Features

Location

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42 Martimas 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 42 Martimas Avenue, Hamilton, ON L8H 3N2

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$118,200 (30.0%)
* Minimum Canadian down payment required for this price is $19,700.
Amortization Period30 Years
Estimated Monthly Payment$1,311Based on a loan of $275,800 over 30 years.
Purchase Price$394,000
Loan Amount$275,800
Provincial Land Transfer Tax:$4,385
Total Estimated Closing Taxes:$4,385

About Purchasing a Home in Hamilton, ON

For a property listed at $394,000 in Hamilton, the legal minimum down payment is $19,700 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 $4,385 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 $4,385.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$562,366

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

St Ann's
PublicSherman Avenue North, Stipeley, Hamilton, Ontario, L8L 0B8
5.6
Prince of Wales
Public77 Melrose Avenue North, Stipeley, Hamilton, Ontario, L8L 6X4
3.9
Cathy Wever
Public160 Wentworth Street North, Gibson, Hamilton, Ontario, L8L 5V7
2.1
Holy Name of Jesus
Public181 Belmont Avenue, Crown Point West, Hamilton, Ontario, L8L 7M5
4.0
Adelaide Hoodless
Public71 Maplewood Avenue, Blakeley, Hamilton, Ontario, L8M 1W7
6.8

Secondary Schools

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-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.