971 West 5th Street, Hamilton, ON

$824,990
MLS#:X9347862
3 beds
2 baths
1500-2000 sqft
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on December 13, 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 Kernighan. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $824,990 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 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 40.03 x 100.23 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Rare find! Location, Location! Discover unparalleled value in the highly sought-after West Mountain area. This well maintained- quality-built home offers a spacious, family-friendly environment and boasts an open-concept design. custom concrete double driveway accommodating up to four vehicles. The property also includes a concrete backyard with ample lawn space, three spacious bedrooms, an inviting eat-in kitchen, a formal dining room, and a cozy fireplace. Additional conveniences include inside access from the garage. Enjoy a high walk score with close proximity to Upper James Street, offering shopping, dining, cafes, and easy access to highways, schools, parks, Mohawk College, the hospital, and transit options. Priced to sell, this home represents an exceptional opportunity in a prime location. RSA. Buyer and buyer agent to due diligence.

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Property Summary

This detached home located at 971 West 5th Street, Hamilton is currently for sale and has been available on SousaSells for 672 days. This property is listed at $824,990 with an estimated mortgage of $2,746* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 971 West 5th Street, Hamilton is in the Kernighan neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 13, 2024
Sold price information is available to members only
Listed Date9/13/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementUnfinished
Lot Size40.03 × 100.23 Feet
CountyHamilton
Annual Tax$5,269
Legal DescriptionLOT 4, PLAN 62M899; S/T AN EASEMENT AS IN LT593465; FAVOUR OF 111623

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

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Location

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971 West 5th 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 971 West 5th Street, Hamilton, ON L9C 5R6

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.

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Interest Rate4.00%
Down Payment$247,497 (30.0%)
* Minimum Canadian down payment required for this price is $57,499.
Amortization Period30 Years
Estimated Monthly Payment$2,746Based on a loan of $577,493 over 30 years.
Purchase Price$824,990
Loan Amount$577,493
Provincial Land Transfer Tax:$12,975
Total Estimated Closing Taxes:$12,975

About Purchasing a Home in Hamilton, ON

For a property listed at $824,990 in Hamilton, the legal minimum down payment is $57,499 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 $12,975 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 $12,975.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,105,833

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

James MacDonald
Public200 Chester Avenue, Gourley, Hamilton, Ontario, L9C 2X1
4.3
Annunciation of Our Lord
Public250 Limeridge Road West, Rolston, Hamilton, Ontario, L9C 2V2
6.2
R A Riddell
Public200 Cranbrook Drive, Gilkson, Hamilton, Ontario, L9C 4S9
5.7
Gordon Price
Public11 Guildwood Drive, Gurnett, Hamilton, Ontario, L9C 7K2
3.6
Ridgemount
Public65 Hester Street, Greeningdon, Hamilton, Ontario, L9A 2N3
5.3

Secondary Schools

Westmount
Public39 Montcalm Drive, Rolston, Hamilton, Ontario, L9C 4B1
7.3
St. Thomas More
Catholic1045 Upper Paradise Road, Falkirk East, Hamilton, Ontario, L9B 2N4
6.1
Sir Allan MacNab
Public145 Magnolia Drive, Fessenden, Hamilton, Ontario, L9C 5P4
3.8

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.