71 Aikman Avenue, Hamilton, ON
Property Highlights
Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Gibson. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $650,000 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.
- 5 Bedrooms and 2 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 28.5 x 100 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 71 Aikman Avenue, a charming home that has been lovingly owned and enjoyed by the same family for nearly 20 years. Offering a warm and inviting atmosphere, this home blends character, comfort, and convenience in a desirable Hamilton location. The updated kitchen serves as the heart of the home and features beautiful granite countertops installed in 2020. Perfectly situated beside the rear entrance, it offers easy access to the backyard, making outdoor entertaining and everyday living a breeze. Gather with family and friends in the formal dining room or unwind in the private backyard, an ideal space for relaxing, gardening, or enjoying summer evenings. A unique loft area adds valuable flexibility and can be used as a home office, creative studio, reading nook, or additional living space. Equipped with its own mini-split system providing both heating and cooling, this versatile area can be enjoyed comfortably throughout the year.Important updates include windows replaced in 2017, a roof completed in 2017, and granite kitchen countertops installed in 2020, offering added value and peace of mind. Parking is conveniently available on both sides of the street for residents and guests alike.
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Pricing & Value Insights
Data-driven valuation for 71 Aikman Avenue, Hamilton, ON L8M 1P8
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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 $650,000 in Hamilton, the legal minimum down payment is $40,000 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 $9,475 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 $9,475.
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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.