70 Gainsborough Road, Hamilton, ON

$689,998
MLS#:X9399799
7 beds
3 baths
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on March 24, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Backsplit 4 semi-detached located in the coveted neighborhood of Riverdale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $689,998 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 3 Bathrooms with 2 functional kitchens
  • Premium 30 x 118 ft lot size
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient carport configuration
  • Notable attributes: Other, Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Fantastic investment opportunity with the rental income of $5800 per month! This stunning 4-level back-split semi-detached home features a legal side entrance to the basement, offering 4+3 bedrooms, 2 kitchens, and 2 laundries. 2.5 baths. The lower level includes3 bedrooms with walk-in closets for added convenience. Since 2017, the owners have made numerous upgrades, including a brand-new main kitchen with quartz countertops, an island, updated cabinets, a ceramic tiled floor, stainless steel appliances, and a stylish marble backsplash. All three bathrooms have been beautifully renovated with mirrors, vanities, ceramic tiles, tubs, and standing showers. Additional enhancements include new interior doors, mirrored closet doors, updated flooring throughout, and ample pot lights to brighten the space. The spacious backyard is perfect for outdoor activities, and the roof was replaced in October 2020. New driveway July 2023. Don't miss out on this incredible property!

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Property Summary

This detached home located at 70 Gainsborough Road, Hamilton is currently for sale and has been available on SousaSells for 638 days. This property is listed at $689,998 with an estimated mortgage of $2,297* per month. It has 7 beds, 3 bathrooms, and is unknown square feet. 70 Gainsborough Road, Hamilton is in the Riverdale neighborhood.

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

Key Features

Bedrooms
7
Bathrooms
3
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 19, 2025
Sold price information is available to members only
Listed Date10/17/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural StyleBacksplit 4
ConstructionBrick
BasementFinished, Separate Entrance
Lot Size30 × 118 Feet
CountyHamilton
Annual Tax$3,830.31
Legal DescriptionPCL 24-3, SEC M24; PT LT 24, PL M24, PART 14, WHR60; S/T LT1344 HAMILTON

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeCarport

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Golf, Park, Public Transit, School, School Bus Route

Interior Features

Other, Central Vacuum

Security Features

Community Features

Location

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70 Gainsborough Road, 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 70 Gainsborough Road, Hamilton, ON L8E 1E1

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$206,999 (30.0%)
* Minimum Canadian down payment required for this price is $44,000.
Amortization Period30 Years
Estimated Monthly Payment$2,297Based on a loan of $482,999 over 30 years.
Purchase Price$689,998
Loan Amount$482,999
Provincial Land Transfer Tax:$10,275
Total Estimated Closing Taxes:$10,275

About Purchasing a Home in Hamilton, ON

For a property listed at $689,998 in Hamilton, the legal minimum down payment is $44,000 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 $10,275 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 $10,275.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$579,139

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 Agnes
Public80 Colcrest Street, Riverdale East, Hamilton, Ontario, L8E 3Y8
5.5
St David
Public33 Cromwell Crescent, Greenford, Hamilton, Ontario, L8G 2E9
5.4
Hillcrest
Public40 Eastwood Street, Mcquesten East, Hamilton, Ontario, L8H 6R7
5.4
Sir Wilfrid Laurier
Public70 Albright Road, Vincent, Hamilton, Ontario, L9H 0A3
3.9

Secondary Schools

Glendale
Public145 Rainbow Drive, Corman, Hamilton, Ontario, L8K 4G1
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.