Sold for:Sold Dec 11, 2024
$609,000

162 Newlands Avenue

Hamilton (Homeside), ON L8H 2T9

Multiplex SoldNot available

This home has sold. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for 162 Newlands Avenue, Hamilton, Homeside

2024-11-15
2024-12-11
Sold
Price
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MLS#
x10425528

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 162 Newlands Avenue, Hamilton, Homeside

Can be sold separately or with 164 Newlands ave. Welcome to this beautifully renovated 1.5-storey property located at 162 Newlands Ave, Hamilton. This property features two distinct units, making it an excellent investment opportunity or ideal for multi-generational living. Main floor 3 br,1.5 baths separate laundry $2300 plus hydro, basement 2br 1 bath with laundry $1600 plus hydro. Both great tenants and willing to stay. The property has been renovated on both floors with modern finishings and stainless steel appliances. Both units have a dedicated outdoor space. Situated in a desirable neighborhood, this property offers easy access to local amenities, public transportation, and parks, making it an attractive option for renters. Cash flow positive.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,247
Land Transfer Tax Fee
$8,655

Rental Items

Rental Equipment
Water Heater

Basement Type
Apartment, Walk-Up

Interior Features

Laundry Level
Lower Level
Interior Extras
Accessory Apartment, Carpet Free, Separate Hydro Meter
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Public Transit, School, School Bus Route

Building

Building Type
Multiplex
Building Style
1 1/2 Storey
Approx Age
100+

Construction

Exterior Finish
Aluminum Siding, Brick Front
Roof
Metal
Foundation Details
Block
Special Designation
Unknown

Lot

Lot Front
25.05 ft
Lot Depth
100.20 ft

Inclusions

Inclusions
2 Fridges, 2 Stoves, 2 Washers, 2 Dryers

Exclusions

Exclusions
n/a

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
0
Total Garage And Parking Spaces
0

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer
Natural Gas
Available
Hydro
Available
Cable
Available
Telephone
Yes

Bedrooms
3 + 2
Washrooms
3
Kitchens
2

Room sizes

  • Living Room—
    Main level
  • Kitchen—
    Main level
  • Bedroom 2—
    Main level

Washrooms

  • 4-piece, Main
  • 3-piece, Basement
  • 5-piece, Main

Municipality
Hamilton
Neighbourhood
Homeside
Main cross streets
Barton/Harmony

MLS® number
X10425528
Data source
Toronto Regional Real Estate Board
Status change
2024-12-11
Listed on
2024-11-15
Days on market
26 days
Possession type
Flexible
Co-op commission
2.5%
Seller
Listed by
COLDWELL BANKER COMMUNITY PROFESSIONALS

Home Market Value

Current home valuation for 162 Newlands Avenue, Hamilton, Homeside, Hamilton, ON. Listed for $609,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 162 Newlands Avenue, Hamilton, Homeside

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Hamilton, ON
Minimum Down Payment Required:5.9%

5% on first $500K + 10% on $109,000 over $500K

Minimum down payment

$35,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$22,923$16,991$14,494$0
=Total mortgage
$595,992$565,091$532,144$487,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,910monthly$2,759monthly$2,598monthly$2,379monthly
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Land Transfer Tax

Provincial

$8,655

Total Land Transfer Tax

$8,655

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