46 East 38th Street, Hamilton, ON

$519,900
MLS#:X12154347
2 beds
2 baths
700-1100 sqft
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Raleigh. Expertly crafted featuring premium stone and vinyl siding construction, this residence presents an exceptional opportunity offered at $519,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 40 x 100 ft lot
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Central Vacuum, Workbench
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Nestled in the desirable Raleigh neighbourhood on Hamilton Mountain, this charming 2-bedroom, 2-bathroom bungalow blends timeless character with modern updates. Built in 1948 and meticulously maintained by its current owner, this home exudes pride of ownership inside and out. A welcoming stone façade and updated front steps, porch, and handrails set the tone as you arrive. The spacious foyer opens into a formal living room featuring rich hardwood flooring, crown moulding, and a large bay window that floods the space with natural light. The eat-in kitchen impresses with stylish two-tone cabinetry - crisp white uppers, bold dark lowers - and a cozy dinette area for casual meals. The main level includes a generous primary bedroom and a second bedroom with sliding doors offering direct access to a beautifully landscaped rear yard. An updated 4-piece bathroom with a shower/tub combo completes the level. Bonus side door access leads to the partially finished lower level, where you'll find a luxurious 3-piece bathroom with oversized glass shower, laundry facilities, and several unspoiled areas ready for customization. Step outside to enjoy a thoughtfully designed backyard oasis featuring a multi-tier deck with privacy wall and pergola, two exterior sheds, and well-maintained grounds - ideal for relaxing or entertaining. Notable updates include windows and exterior doors (20052019) and an updated furnace and central air system (2022). Driveway parking for 2+ vehicles adds further convenience. Located in a family-friendly community, Raleigh offers easy access to parks, schools, shopping, public transit, the Juravinski Hospital, and the vibrant Concession Street strip. Enjoy the best of both worlds - quiet residential living with urban amenities just minutes away.

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Property Summary

This detached home located at 46 East 38th Street, Hamilton is currently for sale and has been available on SousaSells for 426 days. This property is listed at $519,900 with an estimated mortgage of $1,731* per month. It has 2 beds, 2 bathrooms, and is 700-1100 square feet. 46 East 38th Street, Hamilton is in the Raleigh neighborhood.

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

Key Features

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

Additional Details

StatusSold
Sold DateMay 20, 2025
Sold price information is available to members only
Listed Date5/16/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionStone, Vinyl Siding
BasementFull, Partially Finished
Lot Size40 × 100 Feet
CountyHamilton
Annual Tax$3,593.12
Legal DescriptionLT 55 & PT LT 56, PL 530 , AS IN CD163465 ; HAMILTON

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Library, Hospital, Place Of Worship, Park, Public Transit, School

Interior Features

Central Vacuum, Workbench

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

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Location

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46 East 38th 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 46 East 38th Street, Hamilton, ON L8V 4E5

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$155,970 (30.0%)
* Minimum Canadian down payment required for this price is $26,990.
Amortization Period30 Years
Estimated Monthly Payment$1,731Based on a loan of $363,930 over 30 years.
Purchase Price$519,900
Loan Amount$363,930
Provincial Land Transfer Tax:$6,873
Total Estimated Closing Taxes:$6,873

About Purchasing a Home in Hamilton, ON

For a property listed at $519,900 in Hamilton, the legal minimum down payment is $26,990 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 $6,873 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 $6,873.

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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 Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$586,697

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

Blessed Sacrament
Public315 East 37th Street, Macassa, Hamilton, Ontario, L8V 4B5
6.5
Notre-Dame
Public400 Cumberland Avenue, Blakeley, Hamilton, Ontario, L8M 2A2
3.8
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-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.