68 Arkledun Avenue, Hamilton, ON
Property Highlights
Welcome to this remarkable 2 1/2 Storey multiplex located in the coveted neighborhood of Corktown. Expertly crafted featuring premium stone and other construction, this residence presents an exceptional opportunity offered at $1,100,000 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.
- 7 Bedrooms and 6 Bathrooms with 6 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 67 x 145 ft lot
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Accessory Apartment, In-Law Capability, Storage
- Efficient radiant heating via gas
Description
Opportunity is knocking! This large 6 unit character building is turn key and ready for any investor. Located in one of Hamilton's most desirable neighborhoods its set to impress. Located at the foot of the escarpment just steps from St Joseph's hospital, Downtown and trendy Locke Street with beautiful escapement views overlooking downtown. Close to St. Joseph's hospital makes for easy renting. Approximately 85k in rent with a vacant unit to increase your NOI! Exceptionally well maintained, renovated with A++ tenants and stunning views of the Hamilton city skyline and waterfront.
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Accessory Apartment, In-Law Capability, Storage
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Pricing & Value Insights
Data-driven valuation for 68 Arkledun Avenue, Hamilton, ON L8N 2H8
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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 $1,100,000 in Hamilton, the legal minimum down payment is $220,000 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 $18,475 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 $18,475.
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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.