Detached House sold at 1 Edward Street, Hamilton, Gibson, L8L 2V2 - MLS: X12011105

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1 Edward Street

Hamilton, Ontario, L8L 2V2

$749,900

Neighbourhood

Gibson
Major Intersection

Barnesdale Ave

Listed Since: 85 day(s)
Last update: 53 day(s) ago

Overview

Property Type

Detached, 2-Storey
Bedrooms

2
Bathrooms

3
Basement

Finished + Sep Entrance
Kitchen

2
Total Parking

2 (1 Detached Garage)
Lot Size

71.14x23.69 (Feet)
Taxes

$3,537.84 (2024)
Type

Freehold

Property description for 1 Edward Street, Hamilton, Gibson, L8L 2V2

Luxury Living with Investment Potential A Fully Renovated Home with ADU Opportunity Step into hotel-quality luxury in this meticulously renovated home, where top-tier finishes and thoughtful design create a bright, sophisticated, and move-in-ready space. This property offers elevated modern living with the added potential of a third income-generating unit! The open-concept main floor feels straight out of a luxury boutique hotel, featuring designer flooring, a stylish powder room with a modern vanity and custom wallpaper. The gourmet chefs kitchen is a masterpiece, showcasing sleek white cabinetry, brand-new appliances, and a striking full-height tiled backsplash that adds a touch of contemporary elegance. Upstairs, youll find two bright and spacious bedrooms, each with ample closet space and a tranquil atmosphere. The 4piece bathroom rivals a five-star spa, boasting a double sink vanity, a luxurious deep soaking tub, a sleek glass-enclosed rainfall shower, and premium finishes throughout. The fully finished basement with a separate entrance offers incredible flexibilitywhether as an in-law suite, rental unit, or private guest space. It includes a beautiful wet bar, a 3-piece bathroom with hotel-inspired finishes, a laundry area with an additional sink and brand-new washer & dryer, plus plenty of storage. A huge opportunity awaits with the detached garage, already equipped with hydro. This space can be converted into an Additional Dwelling Unit (ADU), creating a valuable third unit for rental income, a guest house, or a private workspace. With the citys push for more housing solutions, this could be a lucrative investment! Top-to-Bottom Upgrades for Peace of Mind: New roof shingles (2018) ,New AC & Furnace (2021), Updated plumbing & electrical, Fully finished basement with interior waterproofing, New windows (2021), Detached garage with hydro & automatic door opener (2021) ADU Potential

Listed by ROCK STAR REAL ESTATE INC.

Property details

MLS #

X12011105
Sq. Ft

700-1100
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

100+
Pool

None
Drive

Pvt Double
Garage

Detached, 1 spaces
Total Parking

2
Family Room

N
Den

N
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Concrete Block
Elevator

n/a
Water View

n/a
Laundry Level

Lower
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

X12011105
Sq. Ft

700-1100
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

100+
Pool

None
Drive

Pvt Double
Garage

Detached, 1 spaces
Total Parking

2
Family Room

N
Den

N
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Concrete Block
Elevator

n/a
Water View

n/a
Laundry Level

Lower
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Laundry

3.86 x 2.51 ft Bsmt level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History for 1 Edward Street, Hamilton, Gibson, L8L 2V2

This property has been sold 4 times before.

To view this property's sale price history please sign in or register

Estimated price

Date

Price

Change

2025-03-10

$751,944

3.07%

Local Real Estate Price Trends

Active listings

Average Selling Price of a Detached

May 2025

$580,000

Last 3 Months

$569,913

Last 12 Months

$556,964

May 2024

$810,000

Last 3 Months LY

$638,489

Last 12 Months LY

$582,118

Change

40%

Change

12%

Change

Historical Average Selling Price of a Detached in Gibson

Average Selling Price

3 years ago

$704,545

Average Selling Price

5 years ago

$530,833

Average Selling Price

10 years ago

$180,000

Change

21%

Change

-8%

Change

-69%

Number of Detached Sold

May 2025

Last 3 Months

Last 12 Months

May 2024

Last 3 Months LY

Last 12 Months LY

Change

-50%

Change

-17%

Change

20%

How many days Detached takes to sell (DOM)

May 2025

Last 3 Months

Last 12 Months

May 2024

Last 3 Months LY

Last 12 Months LY

Change

-72%

Change

-44%

Change

-32%

Average Selling price

Inventory Graph

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Closing Cost Total for this property

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First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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