88 Gibson Avenue, Hamilton, ON
Property no longer active
This property was sold on July 29, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Gibson. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $490,000 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 700-1100 sqft on a premium 15.2 x 96.9 ft lot
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: On Demand Water Heater, Water Heater Owned
- equipped with central air central cooling and highly efficient heat pump heating via gas
Description
Welcome to this semi-detached home in the heart of Hamilton. The front features an elegant garden and a spacious front porch. Inside, the main foor boasts hardwood fooring, elegant crown molding, and abundant potlights all within a spacious, open-concept living area.The updated kitchen at the back showcases quartz countertops, sleek white cabinetry, and stainless steel appliances, overlooking a fully fenced yard ideal for hosting friends and family. Upstairs, youll fnd three bedrooms with hardwood foors and modern light fxtures, along with a fully renovated bathroom with a soaker tub. The unfnished basement offers ample storage, a workshop area, and a spacious underground crawlspace ready for development. Step outside to a backyard oasis featuring a grassy area for play, an interlock patio perfect for dining, and a cozy wood pergola with grape vines. Recent upgrades include energy-efcient hot and soft water tanks, a Bosch heat pump and furnace with a HEPA flter (2023), and upgraded to code attic insulation. This home also includes a newer Samsung dishwasher, an articulating TV mount, and a laundry sink. Also has space for 2 parking spots and additional street parking. This location is situated near all amenities, including the Tim Hortons Field, Downtown, and public transit at your footsteps. This home is a spacious, affordable alternative to condo living with sustainable upgrades ready Check out the virtual 3D tour to explore this gem!
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Property Summary
This detached home located at 88 Gibson Avenue, Hamilton is currently for sale and has been available on SousaSells for 722 days. This property is listed at $490,000 with an estimated mortgage of $1,631* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 88 Gibson Avenue, 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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On Demand Water Heater, Water Heater Owned
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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 88 Gibson Avenue, Hamilton, ON L8L 6J8
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 $490,000 in Hamilton, the legal minimum down payment is $24,500 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 $6,275 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 $6,275.
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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.