61 GLENMOUNT Avenue, Hamilton, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Ainslie Wood. Expertly crafted featuring premium aluminum siding and metal/steel siding construction, this residence presents an exceptional opportunity offered at $719,900 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 3 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 40 x 100 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Attention investors! Welcome to 61 Glenmount Avenue, an incredible opportunity in the heart of Hamilton. This spacious 3+2 bedroom, 2-bathroom home is perfectly suited for student housing or as an income-generating investment. Offering a functional layout with generous living space, the finished lower level features two additional bedrooms and a second bathroom, providing excellent flexibility to maximize rental income.An added bonus is the coin-operated laundry, creating an additional revenue stream for investors. Ideally located close to schools, universities, public transit, shopping, restaurants, parks, and major highway access, this property is in a prime location that tenants will love. Whether you're looking to expand your investment portfolio or secure a property with exceptional cash-flow potential, this is an opportunity you won't want to miss!
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Property Summary
This detached home located at 61 GLENMOUNT Avenue, Hamilton is currently for sale and has been available on SousaSells for 3 days. This property is listed at $719,900 with an estimated mortgage of $2,396* per month. It has 4 beds, 3 bathrooms, and is 1100-1500 square feet. 61 GLENMOUNT Avenue, Hamilton is in the Ainslie Wood neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 61 GLENMOUNT Avenue, Hamilton, ON L8S 2L3
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 $719,900 in Hamilton, the legal minimum down payment is $46,990 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 $10,873 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 $10,873.
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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.