1177 King Street, Hamilton

Price: $789,900

6 bedrooms, 3 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13438526

Prime West Hamilton investment opportunity just a two-minute walk to McMaster University.This spacious rental favourite offers 6 bedrooms and 2 full bathrooms, making it ideal for investors or families seeking income potential. The home has undergone major renovations since 2022, including new 9mm vinyl flooring, new vinyl stairs, a fully updated kitchen with new cabinetry and countertops, a renovated basement bathroom with new vanity, an owned hot water tank installed in 2022, and a new dryer added in 2023. Additional updates include a newer furnace, newer windows, and a roof replaced in fall 2021. Conveniently located near transit, shopping, restaurants, parks, and all amenities.

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active
New Listing
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$789,900 - 1177 King Street, Hamilton

Detached for Sale in Hamilton

New — Listed yesterday
6Beds
3Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13438526
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
6
Bathrooms
3
Square Feet
700 - 1,099 sqft
Neighbourhood
Hamilton
Listing Brokerage
GOLD EMPIRE REALTY INC.
Description

Prime West Hamilton investment opportunity just a two-minute walk to McMaster University.This spacious rental favourite offers 6 bedrooms and 2 full bathrooms, making it ideal for investors or families seeking income potential. The home has undergone major renovations since 2022, including new 9mm vinyl flooring, new vinyl stairs, a fully updated kitchen with new cabinetry and countertops, a renovated basement bathroom with new vanity, an owned hot water tank installed in 2022, and a new dryer added in 2023. Additional updates include a newer furnace, newer windows, and a roof replaced in fall 2021. Conveniently located near transit, shopping, restaurants, parks, and all amenities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,052.60/mo

Includes CMHC insurance ($22,038)

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5%10%50%

5-yr fixed avg.

Principal: $710,910Interest: $482,831
Mortgage Amount$732,948
Total Interest$482,831
Est. Property Tax$560/mo
Total Cost$1,215,779

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Hamilton

Discover Hamilton

Hamilton is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Hamilton

  • Convenient location in Hamilton
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Hamilton offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1177 King Street, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
5.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$560
Insurance (est.)-$165
Net Cash Flow+$3,275

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $1128/sqft, this property is priced in line with current Hamilton market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Hamilton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Hamilton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Hamilton.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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