61 Chestnut Avenue, Hamilton, ON

$494,900
MLS#:X12343980
3 beds
2 baths
700-1100 sqft
1.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 7, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Gibson. Expertly crafted featuring premium metal/steel siding construction, this residence presents an exceptional opportunity offered at $494,900 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 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 17 x 97 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

A Perfect First Home for Your Family! Why settle for a condo when you can have a charming, fully detached 3-bedroom, 1.5-bath home in Hamiltons welcoming Gibson/Stipley neighborhood? Thoughtfully updated inside and out, this move-in-ready home is perfect for first-time buyers and growing families. A handy rear PARKING spot (2025) makes for easy access after grocery shopping! Step into a bright, open concept home with modern flooring, pot lighting, a kitchen breakfast bar, and custom bedroom closet! Major upgrades include a new furnace and hot water tank (all owned, 2024) which means less worry and more time to enjoy your new home. Outside, the backyard is designed for making memories, featuring a large deck, pergola, planter boxes, potting shed, and a gas line for summer BBQs. Love to explore? Youre just minutes from Bernie Morelli Rec Centre, Hamilton Stadium (perfect for tailgate parties), Gage Park, Playhouse Cinema, and some of Hamiltons best local spots like MaiPai, Vintage Coffee Roasters, and Pinch Bakery and Plant Shop. This home also has a full unfinished basement with built-in shelves for ample storage. Dont miss this rare chance to own a cozy, character-filled home in a vibrant, family-friendly neighborhood all at an affordable price!

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Property Summary

This detached home located at 61 Chestnut Avenue, Hamilton is currently for sale and has been available on SousaSells for 338 days. This property is listed at $494,900 with an estimated mortgage of $1,647* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 61 Chestnut Avenue, Hamilton is in the Gibson neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 27, 2025
Sold price information is available to members only
Listed Date8/14/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionMetal/Steel Siding
BasementFull, Unfinished
Lot Size17 × 97 Feet
CountyHamilton
Annual Tax$2,597.84
Legal DescriptionLT 9, REGISTRAR'S COMPILED PLAN 1493 ; S/T & T/W CD140001 ; HAMILTON

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Hospital, Public Transit, School

Interior Features

Carpet Free

Security Features

Community Features

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Location

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61 Chestnut 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 61 Chestnut Avenue, Hamilton, ON L8L 6K8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.

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Interest Rate4.00%
Down Payment$148,470 (30.0%)
* Minimum Canadian down payment required for this price is $24,745.
Amortization Period30 Years
Estimated Monthly Payment$1,647Based on a loan of $346,430 over 30 years.
Purchase Price$494,900
Loan Amount$346,430
Provincial Land Transfer Tax:$6,373
Total Estimated Closing Taxes:$6,373

About Purchasing a Home in Hamilton, ON

For a property listed at $494,900 in Hamilton, the legal minimum down payment is $24,745 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 $6,373 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 $6,373.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$611,137

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

St Ann's
PublicSherman Avenue North, Stipeley, Hamilton, Ontario, L8L 0B8
5.6
Prince of Wales
Public77 Melrose Avenue North, Stipeley, Hamilton, Ontario, L8L 6X4
3.9
Cathy Wever
Public160 Wentworth Street North, Gibson, Hamilton, Ontario, L8L 5V7
2.1
Adelaide Hoodless
Public71 Maplewood Avenue, Blakeley, Hamilton, Ontario, L8M 1W7
6.8
Notre-Dame
Public400 Cumberland Avenue, Blakeley, Hamilton, Ontario, L8M 2A2
3.8

Secondary Schools

Cathedral
Public30 Wentworth Street North, Gibson, Hamilton, Ontario, L8L 8H5
4.6
Bernie Custis
Public1055 King Street East, Stipeley, Hamilton, Ontario, L8M 1C3
2.2

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.