486 East 38th Street, Hamilton, ON

$799,900
MLS#:X12888136
5 beds
2 baths
1100-1500 sqft
22.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Macassa. Expertly crafted featuring premium board & batten 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.

  • 5 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 51.11 x 215.45 ft lot
  • Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 22.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, In-Law Capability, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

It's almost impossible to imagine that this 1.5 storey home is just seconds to Mohawk Rd, highways and amenities. Positioned on a 215 ft deep lot this reimagined family space is private, turn key, and one of a kind for the area. Updated since 2017, this property features a newer roof, furnace, AC, owned water heater, plumbing, wiring, siding, deck, all upgraded lighting, two new bathrooms, and a massive chef's kitchen. The open concept main floor is airy and inviting with Cathedral ceilings and skylights, adding to the drama of the glass rail loft. With over 30 linear feet of cabinetry, Brazilian stone counters, smudge proof Samsung appliances, and a double basin sink, this kitchen is made for families and includes a breakfast bar, bright windows, and recessed lighting. Also on the main floor find two generous bedrooms, and an exceptional five piece bath, fully renovated to include a standalone soaker tub, double sinks, standup shower with rain showerhead, and loads of storage, don't overlook the super deep linen closet! The fully finished basement was renovated in 2025 to accommodate two additional large bedrooms with windows and closets, along with a fresh three-piece bath. Interior waterproofing, loads of storage, easy access to systems, and a roughin to accommodate in-laws or a basement bar! There's more if you can believe it, upstairs find a fantastic loft, which has been used for a bedroom and office, with access to an attic over the garage just waiting for your imagination. Attached garage features indoor entry to the main home, plus an additional detached garage with a full garage door, plus a utility shed. This exceptionally mature lot has no neighbours in sight, fruit trees, a farmers garden, an above grade pool, parking for 20+ vehicles. The lot size may present interesting rezoning opportunities for the right buyer!

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Key Features

Bedrooms
5
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusExtension
Listed Date3/16/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionBoard & Batten
BasementSeparate Entrance, Finished
Lot Size51.11 × 215.45 Feet
CountyHamilton
Annual Tax$4,540
Legal DescriptionLT 123 & PT LTS 131 & 132, PL 808 , AS IN CD145171 ; HAMILTON

Parking & Garage

Parking Spaces22.0
Garage Spaces20
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Place Of Worship, Public Transit, School

Interior Features

Auto Garage Door Remote, In-Law Capability, Water Heater Owned

Security Features

Community Features

Location

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486 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 486 East 38th Street, Hamilton, ON L8V 4G8

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$54,990 (6.9%)
* Minimum Canadian down payment required for this price is $54,990.
Amortization Period25 Years
Estimated Monthly Payment$4,439Based on a loan of $744,910 over 25 years.
Purchase Price$799,900
Loan Amount$744,910
Provincial Land Transfer Tax:$12,473
Total Estimated Closing Taxes:$12,473

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.

Nearby Listings

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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 Macassa, Hamilton.

Verified Local Data
City Population785,184
City Median Age41.6 Yrs
City Ownership69% Owners
Avg Area List Price$721,737

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

Franklin
Public500 Franklin Road, Burkholme, Hamilton, Ontario, L8V 2A4
4.3
Blessed Sacrament
Public315 East 37th Street, Macassa, Hamilton, Ontario, L8V 4B5
6.5
Lawfield
Public45 Berko Avenue, Lawfield, Hamilton, Ontario, L8V 2R3
5.9
Our Lady of Lourdes
Public420 Mohawk Road East, Thorner, Hamilton, Ontario, L8V 2H7
7.3
Highview
Public1040 Queensdale Avenue East, Sunninghill, Hamilton, Ontario, L8T 1J4
4.5

Secondary Schools

Mère-Teresa
Public50 Lisgar Court, Lisgar, Hamilton, Ontario, L8T 4Y4
4.2
Sherwood
Public25 High Street, Sherwood, Hamilton, Ontario, L8T 3Z4
4.4

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.