43 Sterling Street, Hamilton, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Westdale. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $799,900 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.
- 7 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 34.58 x 85 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rare opportunity to secure a high-demand student rental property just steps to McMaster University. 43 Sterling St. offers 7 spacious bedrooms across three levels, 2 full bathrooms, and common areas designed for optimal tenant appeal and income generation.The main level includes a large living/dining space, kitchen, 2 spacious bedrooms, and a full 4pc bath. The second level features 2 more bedrooms and another full bath, while the lower level provides 3 additional bedrooms and laundry-ideal for maximizing occupancy and rental yield. Set in the vibrant Westdale neighbourhood, students are steps from grocery stores, restaurants, coffee shops, parks, trails, and transit routes. With easy access to Highway 403, commuting across Hamilton and beyond is effortless. Parking for 3 cars plus a detached garage adds further convenience. Opportunities this close to campus are limited-whether you're an investor seeking consistent returns or a parent investing in off-campus living, this is a strategic acquisition in a proven rental market.
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Pricing & Value Insights
Data-driven valuation for 43 Sterling Street, Hamilton, ON L8S 4H6
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About Purchasing a Home in Hamilton, ON
For a property listed at $799,900 in Hamilton, the legal minimum down payment is $54,990 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 $12,473 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 $12,473.
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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.