51 Fairview Avenue, Hamilton, ON
Property no longer active
This property was sold on June 14, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Crown Point. Expertly crafted featuring premium brick 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 25 x 100 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
51 Fairview Avenue is a lovely 3+1 bedroom brick bungalow in the Crown Point West neighbourhood. Walk to the shops on Ottawa Street, or walk your dog in beautiful Gage Park. Close to Tim Horton's Field, Centre Mall, schools, and restaurants. The home was renovated in 2019 (2 kitchens, 2 bathrooms, new flooring throughout). Detached single car garage, rear parking and street parking. Fenced yard. Covered front porch. In-law suite with separate entrance. This property is great for investors, first time home owners, extended families, down-sizers, or small families. Current 5.4% Cap Rate and Positive Cash Flow with tenants who are busy professionals, who treat it like their own and take good care of the property. You will be generating passive income from Day 1 - no work to do, no headaches, just income and appreciation. Whether you're a local investor or living elsewhere, you will have valuable peace of mind with these tenants and this property. Contact for current handyman who takes care of maintenance can be provided upon request. Many upgrades have been done within the last 6 years and it has been very well-maintained.
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Property Summary
This detached home located at 51 Fairview Avenue, Hamilton is currently for sale and has been available on SousaSells for 415 days. This property is listed at $519,900 with an estimated mortgage of $1,731* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 51 Fairview Avenue, Hamilton is in the Crown Point neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor, In-Law Capability, Guest Accommodations
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Community Features
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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 51 Fairview Avenue, Hamilton, ON L8L 7B7
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 $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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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.