74 Newlands Avenue, Hamilton, ON

$549,900
MLS#:X9033939
4 beds
2 baths
1500-2000 sqft
1.0 parking
Residential Freehold
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Property no longer active

This property was sold on August 1, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Crown Point. Expertly crafted featuring premium aluminum siding and vinyl siding construction, this residence presents an exceptional opportunity offered at $549,900 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 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 25 x 100 ft lot
  • Features a unfinished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Comfortable 2 storey home, which is spacious at 1634sqft above grade + an unspoiled usable basement. 4 bedroom, 2 bath home hosts a convenient main floor bedroom, 2 piece bath & kitchenette for rental or in law potential. 50ft large rear premium backyard. Home is move in ready condition. Second floor hosts 3 bedrooms and a 4 piece bath with a soaker tub for the family. Worry free home with newer gas furnace, A/C 2019, windows & sliding door 2023, Roof 2016, Eaves 2017, Exterior siding 2017, Gas stove. 1 parking in driveway & additional parking next door in lot. Walkway to backyard added in 2019. The unfinished basement has lots of room for storage awaiting your specific design. In the backyard, you can enjoy relaxing on the deck overlooking the beautiful garden oasis yet still have ample room for the kids to play. Just a close walk to Centre mall, grocery stores, schools, public transit and highway access.

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Property Summary

This detached home located at 74 Newlands Avenue, Hamilton is currently for sale and has been available on SousaSells for 737 days. This property is listed at $549,900 with an estimated mortgage of $1,830* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 74 Newlands Avenue, Hamilton is in the Crown Point neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 1, 2024
Sold price information is available to members only
Listed Date7/10/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionAluminum Siding, Vinyl Siding
BasementUnfinished, Separate Entrance
Lot Size25 × 100 Feet
CountyHamilton
Annual Tax$3,032
Legal DescriptionLt 10, Blk X, Pl 395; Pt Lt 9, Blk X, Pl 395, PA-See Geo for Full Legal Description

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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74 Newlands 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 74 Newlands Avenue, Hamilton, ON L8H 2T6

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$164,970 (30.0%)
* Minimum Canadian down payment required for this price is $29,990.
Amortization Period30 Years
Estimated Monthly Payment$1,830Based on a loan of $384,930 over 30 years.
Purchase Price$549,900
Loan Amount$384,930
Provincial Land Transfer Tax:$7,473
Total Estimated Closing Taxes:$7,473

About Purchasing a Home in Hamilton, ON

For a property listed at $549,900 in Hamilton, the legal minimum down payment is $29,990 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 $7,473 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 $7,473.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$552,845

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

Holy Name of Jesus
Public181 Belmont Avenue, Crown Point West, Hamilton, Ontario, L8L 7M5
4.0
Queen Mary
Public1292 Cannon Street East, Crown Point East, Hamilton, Ontario, L8H 1V6
3.9
St John the Baptist
Public115 London Street South, Delta East, Hamilton, Ontario, L8K 2G6
5.8
Prince of Wales
Public77 Melrose Avenue North, Stipeley, Hamilton, Ontario, L8L 6X4
3.9
W H Ballard
Public801 Dunsmure Road, Homeside, Hamilton, Ontario, L8H 1H9
3.7

Secondary Schools

Bernie Custis
Public1055 King Street East, Stipeley, Hamilton, Ontario, L8M 1C3
2.2
Sir Winston Churchill
Public1715 Main Street East, Normanhurst, Hamilton, Ontario, L8H 1E3
2.4
Sherwood
Public25 High Street, Sherwood, Hamilton, Ontario, L8T 3Z4
4.4
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.