63 Mountain Park Avenue, Hamilton, ON

$979,000
MLS#:X12018110
0 beds
0 baths
< 700 sqft
Residential Freehold
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Property Highlights

Welcome to this remarkable vacant land located in the coveted neighborhood of Centremount. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $979,000 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.

  • 0 Bedrooms and 0 Bathrooms
  • Generous living space spanning < 700 sqft on a premium 38.42 x 129.33 ft lot
  • Notable attributes: None

Description

Can't find your dream home? Then build it! Don't miss this rare opportunity to own a lot on one of the most coveted streets in Hamilton. Offering unmatched views of the city and Lake Ontario, enjoy your coffee (or cocktail) taking in absolutely stellar sunsets & rises. This newly severed lot (40.22 x 129.33) is a unique piece of Hamilton history and once belonged to George Webb, owner of the Incline Railway. With a new build potential footprint of 2,358 square feet, your design options are endless. Mountain Park Avenue is just a short walk from the bustling Concession Street providing great dining and shopping options. With easy access to downtown Hamilton and transit routes, this dream lot will put you in the middle of everything without sacrificing privacy and tranquility. Stop dreaming, start building.

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Property Summary

This vacant land located at 63 Mountain Park Avenue, Hamilton is currently for sale and has been available on SousaSells for 490 days. This property is listed at $979,000 with an estimated mortgage of $3,259* per month. It has 0 beds, 0 bathrooms, and is < 700 square feet. 63 Mountain Park Avenue, Hamilton is in the Centremount neighborhood.

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

Key Features

000
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 28, 2025
Sold price information is available to members only
Listed Date3/13/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size38.42 × 129.33 Feet
CountyHamilton
Annual Tax$2,400
Legal DescriptionPART LOT 7 PLAN 384 PART 1 62R22065 SUBJECT TO AN EASEMENT IN GROSS AS IN WE1700975 CITY OF HAMILTON

Heating & Cooling

Features

Property Features

Arts Centre, Clear View, Hospital, Park, Public Transit, School

Interior Features

None

Security Features

Community Features

Location

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63 Mountain Park 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 63 Mountain Park Avenue, Hamilton, ON L9A 1A1

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.

Market Trend
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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$293,700 (30.0%)
* Minimum Canadian down payment required for this price is $72,900.
Amortization Period30 Years
Estimated Monthly Payment$3,259Based on a loan of $685,300 over 30 years.
Purchase Price$979,000
Loan Amount$685,300
Provincial Land Transfer Tax:$16,055
Total Estimated Closing Taxes:$16,055

About Purchasing a Home in Hamilton, ON

For a property listed at $979,000 in Hamilton, the legal minimum down payment is $72,900 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 $16,055 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 $16,055.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$768,371

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

Queensdale
Public67 Queensdale Avenue East, Centremount, Hamilton, Ontario, L9A 1K4
6.6
Sts Peter & Paul
Public49 Fennell Avenue East, Balfour, Hamilton, Ontario, L9A 1R5
6.4
Queen Victoria
Public166 Forest Avenue, Corktown, Hamilton, Ontario, L8N 0A5
2.7
George L Armstrong
Public460 Concession Street, Inch Park, Hamilton, Ontario, L9A 1C3
3.0
Norwood Park
PublicBalfour, Hamilton, Ontario
8.4

Secondary Schools

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.