71 Magdalena Street, Hamilton, ON
L8J 0M3
Listed October 29, 2026
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About this property
Absolutely Stunning Home Featuring 4 Bedrooms, 4 Washrooms & Finished Legal Basement! Welcome to this beautifully upgraded property offering the perfect blend of luxury, comfort, and functionality. Featuring 4 spacious bedrooms, 5 washrooms, and numerous upgrades throughout, this exceptional home is ideal for growing families and savvy investors alike. The thoughtfully designed layout offers generous living spaces, perfect for everyday living and entertaining. The fully finished legal basement boasts 2 additional bedrooms, 1 washroom, and a separate entrance, presenting an excellent opportunity for extended family accommodation or potential rental income. A fantastic opportunity to own a versatile property with outstanding living space and added value. Conveniently located close to the LINC/Red Hill, schools, parks, shopping, public transit, and everyday amenities. Don't miss your chance to make this exceptional home yours!
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 71 Magdalena Street — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$225,000 · Minimum $87,500
Use the rate your lender or broker quotes you.
Monthly costs
From the listing (2026 tax bill).
Leave at $0 if there isn't one.
Typical for this kind of home.
Hydro, heating, water and sewer.
About 1% of the price a year, set aside.
One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$7,003/mo
About $84,036 a year
- $4,976
- $635
- Home insurance$125
- Utilities$330
- Maintenance & repairs$937
Cash needed to close
- Down payment (20%)
- $225,000
- Ontario land transfer tax
- $18,975
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $246,475
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
71 Magdalena Street, Hamilton, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: October 29, 2026
Listing Office: SPECTRUM REALTY SERVICES INC.
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