77 Hope Avenue, Hamilton, ON

$500,000
MLS#:X11922282
5 beds
2 baths
700-1100 sqft
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Homeside. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $500,000 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 with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 25 x 100 ft lot
  • Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 0.0 total parking spaces available
  • Notable attributes: In-Law Suite, Primary Bedroom - Main Floor, Separate Hydro Meter
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 77 Hope Avenue! Step into your dream home! This completely renovated bungalow has been thoughtfully upgraded from top to bottom, offering modern finishes, functional design, and incredible potential. The main floor features premium engineered hardwood throughout, complemented by a brand-new 348 sq. ft. loft that can be transformed into an additional bedroom, recreation space, or home office. The property also includes a fully equipped two-bedroom basement apartment, complete with divided electrical panels, making it ideal for in-laws or as a rental income opportunity. No detail has been overlooked in this renovation. The home boasts all-new wiring with upgraded 160-amp service and a sub-panel for the upstairs unit. Plumbing has been modernized with new PEX lines and PVC main waste pipes, sleeved to the city connection for peace of mind. The brand-new high-efficiency furnace and hot water tank are owned, ensuring reliability and energy efficiency. Additional upgrades include new windows, interior and exterior doors, and a new roof with a dormer, adding both style and functionality. The basement unit features Rockwool insulation, offering a superior sound barrier for enhanced privacy between the two living spaces. Weatherproofing measures include a new exterior membrane, weeping tiles, and a sump pump with a bypass overflow, ensuring the home is ready to handle any weather conditions. For added convenience, the sale includes two brand-new fridges, two stoves, and a washer/dryer set. Conveniently located just steps from The Centre on Barton Shopping Mall, public transit, grocery stores, restaurants, parks, and schools, this home is perfectly situated for modern living. Easy access to the highway makes commuting a breeze. Don't miss the chance to own this exceptional property! Schedule your viewing today!

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Property Summary

This detached home located at 77 Hope Avenue, Hamilton is currently for sale and has been available on SousaSells for 548 days. This property is listed at $500,000 with an estimated mortgage of $1,664* per month. It has 5 beds, 2 bathrooms, and is 700-1100 square feet. 77 Hope Avenue, Hamilton is in the Homeside neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 27, 2025
Sold price information is available to members only
Listed Date1/14/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementApartment, Separate Entrance
Lot Size25 × 100 Feet
CountyHamilton
Annual Tax$2,520
Legal DescriptionLT 25, BLK 1, PL 395 ; HAMILTON

Parking & Garage

Parking Spaces0.0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Park, Public Transit, Place Of Worship, School

Interior Features

In-Law Suite, Primary Bedroom - Main Floor, Separate Hydro Meter, Sump Pump, Upgraded Insulation, Water Heater Owned

Security Features

Community Features

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Location

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77 Hope 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 77 Hope Avenue, Hamilton, ON L8H 2E5

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$150,000 (30.0%)
* Minimum Canadian down payment required for this price is $25,000.
Amortization Period30 Years
Estimated Monthly Payment$1,664Based on a loan of $350,000 over 30 years.
Purchase Price$500,000
Loan Amount$350,000
Provincial Land Transfer Tax:$6,475
Total Estimated Closing Taxes:$6,475

About Purchasing a Home in Hamilton, ON

For a property listed at $500,000 in Hamilton, the legal minimum down payment is $25,000 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 $6,475 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 $6,475.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$533,305

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

W H Ballard
Public801 Dunsmure Road, Homeside, Hamilton, Ontario, L8H 1H9
3.7
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
Viscount Montgomery
Public1525 Lucerne Avenue, Glenview West, Hamilton, Ontario, L8K 1R3
6.6
Holy Name of Jesus
Public181 Belmont Avenue, Crown Point West, Hamilton, Ontario, L8L 7M5
4.0

Secondary Schools

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

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.