76 Spadina Avenue, Hamilton, ON

$724,900
MLS#:X10426743
4 beds
2 baths
2000-2500 sqft
2.0 parking
Residential Freehold
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Property no longer active

This property was sold on December 19, 2024. This listing is for reference purposes only. to view the sold price.

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 $724,900 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
  • Generous living space spanning 2000-2500 sqft on a premium 32.06 x 96.15 ft lot
  • Features a unfinished, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • Efficient radiant heating via gas

Description

Welcome to this charming 2 story brick home in the desirable Stipley S. neighbourhood! This stately residence, held by the same owner for over 42 years, exudes timeless character with its original woodwork, showcasing its rich history & craftsmanship. Upon entering, youre welcomed by an inviting parlor, featuring detailed woodwork & a classic design that sets the tone for the entire home.The main floor offers expansive principal rooms, including a large living room with beautiful inlay hardwood flooring, an original fireplace adorned with a decorative mantle & pocket doors, & separate dining room ideal for gatherings. The kitchen, located at the rear of the home, has great potential for modernization while retaining its character.Upstairs, the second floor provides 4 generously sized bedrooms, a 4-piece bathroom, & access to a rear balcony, perfect for enjoying the outdoors. The spacious, partially finished attic, with its large dormers & abundant natural light, offers endless opportunities for a creative space or additional living area.A high-ceiling basement with a separate walk-up entrance & 3-piece bathroom adds potential for a future rental unit or in-law suite. Outside, the property boasts a corner lot location, detached garage, & close proximity to amenities, parks, schools, & downtown.This home appeals to a variety of buyers: a first-time homeowner seeking to restore & enhance a classic home, an investor interested in converting to a duplex or triplex, or a buyer looking to add a legal rental unit while preserving this stately single-family homes unique charm. Whether restoring its original beauty or reimagining its future, this property offers incredible potential in a prime Hamilton location. Don't miss out on this rare opportunity!

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Property Summary

This detached home located at 76 Spadina Avenue, Hamilton is currently for sale and has been available on SousaSells for 609 days. This property is listed at $724,900 with an estimated mortgage of $2,413* per month. It has 4 beds, 2 bathrooms, and is 2000-2500 square feet. 76 Spadina Avenue, Hamilton is in the Gibson neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 19, 2024
Sold price information is available to members only
Listed Date11/15/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2 1/2 Storey
ConstructionBrick
BasementUnfinished, Walk-Up
Lot Size32.06 × 96.15 Feet
CountyHamilton
Annual Tax$4,486
Legal DescriptionLT 262, PL 448; S/T INTEREST(S) IN NS224295; HAMILTON [OR AS PER DEED]

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
CoolingNone

Features

Property Features

Interior Features

None

Security Features

Community Features

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Location

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76 Spadina 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 76 Spadina Avenue S, Hamilton, ON L8M 2X3

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.

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Interest Rate4.00%
Down Payment$217,470 (30.0%)
* Minimum Canadian down payment required for this price is $47,490.
Amortization Period30 Years
Estimated Monthly Payment$2,413Based on a loan of $507,430 over 30 years.
Purchase Price$724,900
Loan Amount$507,430
Provincial Land Transfer Tax:$10,973
Total Estimated Closing Taxes:$10,973

About Purchasing a Home in Hamilton, ON

For a property listed at $724,900 in Hamilton, the legal minimum down payment is $47,490 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 $10,973 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 $10,973.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$611,137

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 Ann's
PublicSherman Avenue North, Stipeley, Hamilton, Ontario, L8L 0B8
5.6
Prince of Wales
Public77 Melrose Avenue North, Stipeley, Hamilton, Ontario, L8L 6X4
3.9
Cathy Wever
Public160 Wentworth Street North, Gibson, Hamilton, Ontario, L8L 5V7
2.1
Adelaide Hoodless
Public71 Maplewood Avenue, Blakeley, Hamilton, Ontario, L8M 1W7
6.8
Notre-Dame
Public400 Cumberland Avenue, Blakeley, Hamilton, Ontario, L8M 2A2
3.8

Secondary Schools

Cathedral
Public30 Wentworth Street North, Gibson, Hamilton, Ontario, L8L 8H5
4.6
Bernie Custis
Public1055 King Street East, Stipeley, Hamilton, Ontario, L8M 1C3
2.2

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.