The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Exceptional investment or multi-income opportunity on the central Hamilton Mountain! Situated on an expansive 45' x 140' deep lot, this spacious detached property offers over2,184 sq. ft. above grade across 3 self-contained living areas with 3 full kitchens and 3 full baths (7 total bedrooms). Rare mechanical setup featuring TWO separate gas furnaces and TWO central air conditioning units, offering distinct climate control and huge retrofit cost savings. The bright upper level features 3 bedrooms, full kitchen, 4-pc bath, and private balcony (currently tenant occupied at $1,775/mo). Main level offers 3 bedrooms, kitchen, bath, and yard walkout. Fully finished lower level in-law suite includes a bedroom, kitchenette, and 3-pc bath. Detached garage, parking for 4+ cars, large backyard deck, and above-ground pool. Prime location minutes to Juravinski Hospital, Concession Street shops, transit, and Mountain accesses. Incredible cash-flow potential or mortgage-helper setup.
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What’s NearbyDistances approximate
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Transit score information is not available for this listing.
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Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,930/mo
Mortgage (principal + interest)$2,427
Property taxFrom listing: $6,027/yr$502
Minimum $39,889 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$129,778
Ontario land transfer taxProvincial brackets, no first-time refund$9,453
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$142,031
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Hamilton has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
