98 East 37th Street, Hamilton, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Raleigh. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $849,999 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.
- 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 42 x 111 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: In-Law Suite, Separate Hydro Meter
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this exceptional LEGAL DUPLEX, completely reimagined with $200,000 IN TOP-TO-BOTTOM UPGRADES! No detail was overlooked in this PROFESSIONALLY DESIGNED transformation, featuring BRAND-NEW PLUMBING, ELECTRICAL, HVAC, AND EXTERIOR UPDATES for modern efficiency and style. This TURNKEY INVESTMENT OPPORTUNITY boasts an UPGRADED 200-AMP ELECTRICAL SERVICE WITH TWO SEPARATE METERS, ensuring easy tenant utility management. The FULLY FINISHED BASEMENT presents a LUCRATIVE RENTAL POTENTIAL OF $2,000 PER MONTH, making this property an ideal choice for both investors and end users seeking additional income. Adding even more value, the property includes a DOUBLE DETACHED GARAGE, which can be converted into a LEGAL GARDEN SUITE, creating a THIRD INCOME-GENERATING UNIT making it into a Triplex. Every inch of this home showcases HIGH-END, HANDPICKED FINISHES BY A PROFESSIONAL DESIGNER, blending contemporary aesthetics with practical living spaces. Dont miss this RARE OPPORTUNITY to own a FULLY RENOVATED, CASH-FLOWING PROPERTY WITH FUTURE DEVELOPMENT POTENTIAL IN A PRIME LOCATION!
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Property Summary
This detached home located at 98 East 37th Street, Hamilton is currently for sale and has been available on SousaSells for 449 days. This property is listed at $849,999 with an estimated mortgage of $2,829* per month. It has 5 beds, 3 bathrooms, and is 1100-1500 square feet. 98 East 37th Street, Hamilton is in the Raleigh neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Library, Park, School
Interior Features
In-Law Suite, Separate Hydro Meter
Security Features
Community Features
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Location
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 98 East 37th Street, Hamilton, ON L8V 4A9
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 $849,999 in Hamilton, the legal minimum down payment is $60,000 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 $13,475 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 $13,475.
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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.