Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Stinson. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,100,000 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.
Rare Live/Work Opportunity with Incredible Rooftop Terrace! Welcome to one of Hamilton's most unique properties, offering the perfect blend of character, modern updates, and unmatched flexibility. The beautifully updated second-floor residence features two spacious bedrooms, 1.5 bathrooms, a renovated kitchen with granite countertops and a premium Wolf gas range, updated plumbing, a stylish bathroom with custom vanity and walk-in shower, and comfortable, open-concept living spaces designed for everyday living. Step outside to the spectacular private rooftop terrace-a true urban oasis. This expansive outdoor living space is perfect for entertaining family and friends, summer BBQs, relaxing under the stars, or enjoying your morning coffee. Opportunities to own a rooftop patio of this size and privacy are exceptionally rare. The property also features a dedicated office, built-in two-car garage/workshop, updated windows, Carrier central air conditioning, copper wiring, and numerous mechanical updates. Adding even more value is the fully equipped commercial-grade kitchen on the main level, opening the door to countless possibilities for entrepreneurs, caterers, bakers, meal preparation services, specialty food production, or other permitted home-based business uses (buyer to verify permitted uses). The extensive commercial equipment is included, making this an exceptional opportunity for those looking to combine home and business under one roof. Whether you're searching for an extraordinary residence with unmatched outdoor living or the perfect place to operate your business while enjoying the convenience of living upstairs, this one-of-a-kind property delivers a lifestyle that's nearly impossible to duplicate.
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Data-driven valuation for 196 Grant Avenue, Hamilton, ON L8N 2Y2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.
About Purchasing a Home in Hamilton, ON
For a property listed at $1,100,000 in Hamilton, the legal minimum down payment is $220,000 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 $18,475 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 $18,475.
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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.