72 Magill Street, Hamilton, ON

$850,000
MLS#:X8424370
4 beds
3 baths
1100-1500 sqft
1.0 parking
Residential Freehold
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Property no longer active

This property was sold on July 10, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Strathcona. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $850,000 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.

  • 4 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 24 x 111 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Upgraded Insulation, Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 72 Magill Street this newly rebuilt gem is practically a brand-new home with meticulous upgrades from top to bottom in West Hamilton. The main floor features a massive open-concept living room, dining area, and kitchen with all-new stainless steel appliances, plus a laundry and powder room. Enjoy the luxury primary bedroom with a spa-like ensuite. The upper level offers three spacious bedrooms and two modern 3-piece bath. The full basement, with a separate entrance, is fully roughed-in for a 3-piecebath, kitchen, and laundry. This home boasts a new roof, high-efficiency heat pump technology air conditioner and furnace, new windows, new floors, new electrical, plumbing, and HVAC systems. Located minutes from highway access and close to parks, Locke Street Shops, Restaurants, Bayfront, First Ontario Place, the downtown core, hospitals, the university, and various amenities, this home offers the perfect blend of modern luxury and prime location. Must see home!

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Property Summary

This detached home located at 72 Magill Street, Hamilton is currently for sale and has been available on SousaSells for 767 days. This property is listed at $850,000 with an estimated mortgage of $2,829* per month. It has 4 beds, 3 bathrooms, and is 1100-1500 square feet. 72 Magill Street, Hamilton is in the Strathcona neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 10, 2024
Sold price information is available to members only
Listed Date6/10/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStucco (Plaster)
BasementFinished
Lot Size24 × 111 Feet
CountyHamilton
Annual Tax$3,968
Legal DescriptionPT LT 15, PL 251 , SHOWN AS MAGILL SURVEY NORTH PT, AS IN AB60285 ; HAMILTON

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Upgraded Insulation, Water Heater

Security Features

Community Features

Location

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72 Magill Street, 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 72 Magill Street, Hamilton, ON L8R 2Y5

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.

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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$255,000 (30.0%)
* Minimum Canadian down payment required for this price is $60,000.
Amortization Period30 Years
Estimated Monthly Payment$2,829Based on a loan of $595,000 over 30 years.
Purchase Price$850,000
Loan Amount$595,000
Provincial Land Transfer Tax:$13,475
Total Estimated Closing Taxes:$13,475

About Purchasing a Home in Hamilton, ON

For a property listed at $850,000 in Hamilton, the legal minimum down payment is $60,000 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 $13,475 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 $13,475.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$647,737

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

Hess Street
Public107 Hess Street North, Central, Hamilton, Ontario, L8R 2T1
5.4
Dr. J. Edgar Davey
Public99 Ferguson Avenue North, Beasley, Hamilton, Ontario, L8R 1L6
1.9
Bennetto
Public47 Simcoe Street East, North End East, Hamilton, Ontario, L8L 3N2
3.3
St Lawrence's
PublicMary Street, North End East, Hamilton, Ontario, L8L 3X3
4.8
Queen Victoria
Public166 Forest Avenue, Corktown, Hamilton, Ontario, L8N 0A5
2.7

Secondary Schools

St. Mary’s
Catholic146 Park Street North, Central, Hamilton, Ontario, L8R 2N2
7.2
Georges-P-Vanier
Public100 Macklin Street North, Westdale North, Hamilton, Ontario, L8S 3S1
7.1
Cathedral
Public30 Wentworth Street North, Gibson, Hamilton, Ontario, L8L 8H5
4.6
Westdale
Public700 Main Street West, Westdale South, Hamilton, Ontario, L8S 1A5
6.7

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.