55 Balmoral Avenue, Hamilton, ON

$749,900
MLS#:X11912936
3 beds
3 baths
1500-2000 sqft
1.0 parking
Residential Freehold
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Property no longer active

This property was sold on January 21, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2 1/2 Storey 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 $749,900 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.

  • 3 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 30 x 103 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This modern brick home offers a blend of character and convenience in one of the citys most vibrant neighbourhoods. Just steps from Gage Park and Ottawa Street Norths eclectic shops and cafes, its perfect for investors, first-time buyers planning to rent out a basement unit, or condo owners ready to move up. The inviting east-facing covered porch welcomes you to this light-filled home. Inside, the main floor boasts an open-concept living room flowing into a modern eat-in kitchen with stylish finishes that preserve the homes original charm. A formal dining room and convenient powder room round out the main level, making it ideal for entertaining. Upstairs, youll find a full bathroom, two cozy bedrooms, and a spacious primary bedroom. The loft offers a versatile bonus space with the first of two laundry areas. The fully finished basement, with a separate entrance, provides endless possibilities. Equipped with a kitchen, full bathroom, ample storage, and a second laundry area, its perfect for an in-law suite, rental income, or an entertainment space. Step outside to a private, fenced yard thats a true low-maintenance oasis. Relax on the west-facing deck surrounded by mature trees while kids or pets enjoy the professionally installed artificial grass with a 20-year warranty. Recent updates include a new roof, gutters, fascia, and AC system in 2021, offering peace of mind and long-term value. Nestled in the "mid-city mellow" neighbourhood, known for its relaxed urban vibe and diverse mix of families, young professionals, and creatives, this home is ready for its next chapter.

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Property Summary

This detached home located at 55 Balmoral Avenue, Hamilton is currently for sale and has been available on SousaSells for 556 days. This property is listed at $749,900 with an estimated mortgage of $2,496* per month. It has 3 beds, 3 bathrooms, and is 1500-2000 square feet. 55 Balmoral 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

Bedrooms
3
Bathrooms
3
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 21, 2025
Sold price information is available to members only
Listed Date1/8/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2 1/2 Storey
ConstructionBrick, Vinyl Siding
BasementFinished, Full
Lot Size30 × 103 Feet
CountyHamilton
Annual Tax$3,939.68
Legal DescriptionLT 188, PL 600; HAMILTON

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School

Interior Features

None

Security Features

Community Features

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Location

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55 Balmoral 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 55 Balmoral Avenue N, Hamilton, ON L8L 7R5

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$224,970 (30.0%)
* Minimum Canadian down payment required for this price is $49,990.
Amortization Period30 Years
Estimated Monthly Payment$2,496Based on a loan of $524,930 over 30 years.
Purchase Price$749,900
Loan Amount$524,930
Provincial Land Transfer Tax:$11,473
Total Estimated Closing Taxes:$11,473

About Purchasing a Home in Hamilton, ON

For a property listed at $749,900 in Hamilton, the legal minimum down payment is $49,990 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 $11,473 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 $11,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Crown Point, Hamilton.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$552,845

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

Holy Name of Jesus
Public181 Belmont Avenue, Crown Point West, Hamilton, Ontario, L8L 7M5
4.0
Queen Mary
Public1292 Cannon Street East, Crown Point East, Hamilton, Ontario, L8H 1V6
3.9
St John the Baptist
Public115 London Street South, Delta East, Hamilton, Ontario, L8K 2G6
5.8
Prince of Wales
Public77 Melrose Avenue North, Stipeley, Hamilton, Ontario, L8L 6X4
3.9
W H Ballard
Public801 Dunsmure Road, Homeside, Hamilton, Ontario, L8H 1H9
3.7

Secondary Schools

Bernie Custis
Public1055 King Street East, Stipeley, Hamilton, Ontario, L8M 1C3
2.2
Sir Winston Churchill
Public1715 Main Street East, Normanhurst, Hamilton, Ontario, L8H 1E3
2.4
Sherwood
Public25 High Street, Sherwood, Hamilton, Ontario, L8T 3Z4
4.4
Cathedral
Public30 Wentworth Street North, Gibson, Hamilton, Ontario, L8L 8H5
4.6

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.