87 Lottridge Street, Hamilton, ON
Property no longer active
This property was sold on October 16, 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 Gibson. Expertly crafted featuring premium brick front and metal/steel siding construction, this residence presents an exceptional opportunity offered at $549,000 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 23.75 x 88 ft lot
- Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 87 Lottridge! This two-story detached home in the Gibson neighborhood is fully renovated and move-in ready. The main floor features a generously sized living room with plenty of natural light through the large bay window, a separate dining room, and a custom kitchen with quartz countertops, new stainless steel appliances, vinyl flooring, and access to the fenced backyard. Ascend to the second floor, which boasts three well-sized bedrooms with new windows and a four-piece bath. The unfinished basement is clean and untouched, offering potential for various uses, including an in-law suite, family area, gym, or whatever you can imagine! Additionally, the property offers a one-car driveway and a one-car garage with access from in the home. The home is located in a central Hamilton neighborhood, close to all necessary amenities, transit, schools, parks, and more. Just move in and enjoy. You will love it!
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Property Summary
This detached home located at 87 Lottridge Street, Hamilton is currently for sale and has been available on SousaSells for 652 days. This property is listed at $549,000 with an estimated mortgage of $1,827* per month. It has 3 beds, 1 bathroom, and is 1100-1500 square feet. 87 Lottridge Street, Hamilton is in the Gibson neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 87 Lottridge Street, Hamilton, ON L8L 6V1
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 $549,000 in Hamilton, the legal minimum down payment is $29,900 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 $7,455 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 $7,455.
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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.