80 Arnold Street, Hamilton, ON
Property no longer active
This property was sold on February 4, 2025. 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 Westdale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $888,000 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.
- 7 Bedrooms and 4 Bathrooms
- Premium 48 x 117 ft lot size
- Features a apartment, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Storage, In-Law Capability
- Efficient forced air heating via gas
Description
This spacious 6+1 bedroom home offers a prime location just steps from the university, making it the ideal investment for student housing or multi-family living. With its unbeatable proximity to campus, shops, restaurants, and transit, this property promises excellent rental potential in a highly sought-after area. The home features generously sized rooms, including a large kitchen and cozy living areas. Perfectly designed for group living, this home offers ample space for tenants to share common areas while maintaining privacy in the bedrooms. Investors will appreciate the opportunity to rent to students, as the property is located in a high-demand area with consistent rental income potential. The walkable neighbourhood is filled with local shops, cafes, and restaurants, ensuring you enjoy convenience and a vibrant atmosphere. Public transit is also just moments away, making it easy for you to get around and access everything the city has to offer. Whether you are a seasoned investor or new to the market, this property presents a fantastic opportunity for those looking to capitalize on the growing demand for student housing or to call this property home.
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Property Summary
This detached home located at 80 Arnold Street, Hamilton is currently for sale and has been available on SousaSells for 538 days. This property is listed at $888,000 with an estimated mortgage of $2,956* per month. It has 7 beds, 4 bathrooms, and is unknown square feet. 80 Arnold Street, Hamilton is in the Westdale neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 80 Arnold Street, Hamilton, ON L8S 1R6
Based on 0 recent similar sales in the pocket.
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 $888,000 in Hamilton, the legal minimum down payment is $63,800 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 $14,235 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 $14,235.
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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.