Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Inch Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $549,000 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.
Situated mere steps from Sam Lawrence Park and Inch Park, this charming brick bungalow boasts two plus one bedrooms and two bathrooms. The finished basement features a bedroom, bathroom, recreation room, cold room, storage space, and in-law suite capability. Additional amenities include main floor laundry and basement laundry facilities. Some updates comprise windows, shingles, kitchen, electrical system, bathroom, furnace, and air conditioning, among others. The property offers a private fenced backyard, detached garage, and ample private parking. Having been meticulously maintained by its current owner for 26 years, this home is move-in ready and conveniently located near the Concession Street shopping district, mountain brow trails, Juravinski Hospital, downtown access, schools, churches, and public transit. Ideal for first-time buyers, retirees, or young professionals.
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Hospital, Library, Park, Place Of Worship, Public Transit, School
In-Law Capability, Primary Bedroom - Main Floor, Storage, Water Heater
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 50 EAST 12TH Street, Hamilton, ON L9A 3X1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.
About Purchasing a Home in Hamilton, ON
For a property listed at $549,000 in Hamilton, the legal minimum down payment is $29,900 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 $7,455 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 $7,455.
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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.