126 Park Street, Hamilton

Price: $399,900

2 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: X13152934

Exceptional opportunity to own a versatile two-unit property in the highly sought-after Hamilton West neighbourhood! Located just two blocks from the West Harbour GO Station, this well-maintained, move-in ready property is ideal for investors, multi-generational families, first-time buyers, or anyone looking to offset their mortgage with rental income. Both units feature functional layouts with excellent flexibility. The main floor offers updated vinyl plank flooring and brand new stainless steel appliances, including a fridge, gas range, dishwasher, and hood fan. Exposed brick walls add warmth and character throughout. The fully finished basement provides additional living space with 7-foot ceilings and a bathroom with heated floors. Enjoy close proximity to Bayfront Park, James Street North, the Hamilton Farmer's Market, McMaster University, and the exciting waterfront redevelopment.

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$399,900 - 126 Park Street, Hamilton

Townhouse for Sale in Hamilton

2Beds
2Baths
1,100 - 1,499Sq Ft
Townhouse
Property Details
MLS Number
X13152934
Property Type
Townhouse
Status
active
Days on Site
24
Bedrooms
2
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
MICHAEL ST.JEAN REALTY INC.
Description

Exceptional opportunity to own a versatile two-unit property in the highly sought-after Hamilton West neighbourhood! Located just two blocks from the West Harbour GO Station, this well-maintained, move-in ready property is ideal for investors, multi-generational families, first-time buyers, or anyone looking to offset their mortgage with rental income. Both units feature functional layouts with excellent flexibility. The main floor offers updated vinyl plank flooring and brand new stainless steel appliances, including a fridge, gas range, dishwasher, and hood fan. Exposed brick walls add warmth and character throughout. The fully finished basement provides additional living space with 7-foot ceilings and a bathroom with heated floors. Enjoy close proximity to Bayfront Park, James Street North, the Hamilton Farmer's Market, McMaster University, and the exciting waterfront redevelopment.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,051.69/mo

Includes CMHC insurance ($11,157)

$
$
5%10%50%

5-yr fixed avg.

Principal: $359,910Interest: $244,441
Mortgage Amount$371,067
Total Interest$244,441
Est. Property Tax$283/mo
Total Cost$615,508

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

126 Park Street, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
5.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$0
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,834

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

Competitive Pricing

At $364/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 24 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Hamilton have shown strong appreciation as families seek more space.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    126 Park Street, Hamilton — $399,900 | Battaglia Team