5 Rowanwood Street, Hamilton, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Crown Point. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $499,999 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 25 x 116.24 ft lot
- Features a separate entrance, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: Carpet Free, Water Heater
- Efficient forced air heating via gas
Description
Dreaming of homeownership but looking for ways to make your mortgage more affordable? Welcome to 5 Rowanwood St. This is your opportunity to purchase a home with room to grow, build equity, and create future income potential. Step inside to discover a open-concept main floor featuring a bright living area, convenient main floor laundry, a powder room, and a functional layout designed for everyday living. Upstairs offers three bedrooms, including an oversized primary bedroom, with the flexibility to suit your lifestyle and future needs. The unfinished basement features a separate entrance, providing an incredible opportunity for the next owner to finish the space and create additional living space, a private suite for family, or explore future rental possibilities. Outside, enjoy a private backyard ready to be transformed into your own outdoor retreat. Located just a 2-minute walk to public transit, this home is also close to schools, parks, shopping, and commuter routes, including the upcoming Confederation GO Station, making it an excellent location for commuters and long-term growth. Whether you're a first-time buyer looking to offset your future housing costs, a buyer wanting space for extended family, or someone looking to build equity through thoughtful improvements, this property offers incredible potential to make it your own. Opportunities like this don't come around often. Photos were taken prior to tenancy and have been virtually staged to show the full potential of this home.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Park, Place Of Worship, Public Transit, School, School Bus Route
Interior Features
Carpet Free, Water Heater
Security Features
Community Features
Location
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 5 Rowanwood Street, Hamilton, ON L8L 7H1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Hamilton, ON
For a property listed at $499,999 in Hamilton, the legal minimum down payment is $25,000 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 $6,475 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 $6,475.
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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.