49 Cheryl Avenue, Hamilton, ON

$739,900
MLS#:X11958691
5 beds
2 baths
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Macassa. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $739,900 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 with 2 functional kitchens
  • Premium 40.5 x 99 ft lot size
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this charming all-brick detached bungalow in the Macassa neighbourhood of Hamilton. Offering a self-contained in-law suite with a separate entrance, this home is perfect for multi-generational living or rental income. The main floor features an updated kitchen with a dishwasher, hardwood floors, and large windows. It includes 3 bedrooms and 1 bathroom. The lower unit has 2 bedrooms + a den, an open-concept kitchen and living space, and 1 bathroom. Shared laundry is in the basement foyer, and the fully fenced backyard includes a shed. Conveniently located near the Linc, highways, shopping, and public transit, this home is ideal for commuters and families alike. Recent updates include kitchens, windows, furnace, A/C, and roof. Don't miss this fantastic opportunity in a prime location!

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Property Summary

This detached home located at 49 Cheryl Avenue, Hamilton is currently for sale and has been available on SousaSells for 526 days. This property is listed at $739,900 with an estimated mortgage of $2,463* per month. It has 5 beds, 2 bathrooms, and is unknown square feet. 49 Cheryl Avenue, Hamilton is in the Macassa neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
2
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 20, 2025
Sold price information is available to members only
Listed Date2/5/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFinished with Walk-Out
Lot Size40.5 × 99 Feet
CountyHamilton
Annual Tax$4,300
Legal DescriptionPT LT 31, 32 & 35, PL 985 , AS IN HL116819 CITY OF HAMILTON

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, Public Transit, School

Interior Features

Water Heater Owned

Security Features

Community Features

Location

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49 Cheryl 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 49 Cheryl Avenue, Hamilton, ON L8V 1Y4

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$221,970 (30.0%)
* Minimum Canadian down payment required for this price is $48,990.
Amortization Period30 Years
Estimated Monthly Payment$2,463Based on a loan of $517,930 over 30 years.
Purchase Price$739,900
Loan Amount$517,930
Provincial Land Transfer Tax:$11,273
Total Estimated Closing Taxes:$11,273

About Purchasing a Home in Hamilton, ON

For a property listed at $739,900 in Hamilton, the legal minimum down payment is $48,990 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 $11,273 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 $11,273.

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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 Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$745,582

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

Franklin
Public500 Franklin Road, Burkholme, Hamilton, Ontario, L8V 2A4
4.3
Blessed Sacrament
Public315 East 37th Street, Macassa, Hamilton, Ontario, L8V 4B5
6.5
Our Lady of Lourdes
Public420 Mohawk Road East, Thorner, Hamilton, Ontario, L8V 2H7
7.3
Lawfield
Public45 Berko Avenue, Lawfield, Hamilton, Ontario, L8V 2R3
5.9
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-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.