89 Princess Street, Hamilton, ON

$300,000
MLS#:X11890498
4 beds
2 baths
700-1100 sqft
1.0 parking
Residential Freehold
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Property no longer active

This property was sold on December 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 aluminum siding and other construction, this residence presents an exceptional opportunity offered at $300,000 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 26 x 104 ft lot
  • Features a other, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this 4 bedroom, 2 storey detached home! This property offers a generous size space and is waiting for your personal touches to truly make it shine. With a spacious layout and good size lot, there is great potential to turn this place into your dream home. Perfect for investors or first time buyers looking to add value, this property offers endless possibilities. Whether you're looking for a project or simply want to customize a home to fit your style, this is the perfect opportunity for you. Make this home your own and create memories that will last a lifetime. Schedule a viewing today!

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Property Summary

This detached home located at 89 Princess Street, Hamilton is currently for sale and has been available on SousaSells for 581 days. This property is listed at $300,000 with an estimated mortgage of $999* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 89 Princess Street, 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
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 16, 2024
Sold price information is available to members only
Listed Date12/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionAluminum Siding, Other
BasementOther, Unfinished
Lot Size26 × 104 Feet
CountyHamilton
Annual Tax$2,337
Legal DescriptionPT LTS 35 & 36, PL 245 , AS IN CD473343 ; HAMILTON

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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89 Princess Street, 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 89 Princess Street, Hamilton, ON L8L 3L1

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$90,000 (30.0%)
* Minimum Canadian down payment required for this price is $15,000.
Amortization Period30 Years
Estimated Monthly Payment$999Based on a loan of $210,000 over 30 years.
Purchase Price$300,000
Loan Amount$210,000
Provincial Land Transfer Tax:$2,975
Total Estimated Closing Taxes:$2,975

About Purchasing a Home in Hamilton, ON

For a property listed at $300,000 in Hamilton, the legal minimum down payment is $15,000 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 $2,975 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 $2,975.

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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.