132 Canada Street, Hamilton

Price: $1,369,900

4 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X12862954

Welcome to this stunning brand new TO BE BUILT detached home built by the reputable Westpark Inc. in one of Hamilton's most sought-after neighbourhoods, just off vibrant Locke Street. Perfectly positioned in the heart of downtown, you're steps to trendy bars, top-rated restaurants, boutique shopping, transit, and nightlife, with easy access to universities, schools, and major routes. Offering just over 1,800 sq ft of thoughtfully designed living space, this modern home features4 spacious bedrooms- and 2.5 beautifully appointed bathrooms. The open-concept main floor is bright and airy, designed for both everyday living and effortless entertaining, with sleek contemporary finishes throughout. Enjoy the convenience of a private garage and driveway parking, a rare find in this prime urban location. Brand new from top to bottom, this home delivers the perfect blend of modern style, function, and downtown lifestyle. An exceptional opportunity to own a brand new turnkey property in the heart of Hamilton. All plans and renderings have been made, current home on the property will be knocked down and newbuild will be built on the lot. Home is being sold with Tarion Warranty under the builder.

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$1,369,900 - 132 Canada Street, Hamilton

Detached for Sale in Hamilton

98 days on market
4Beds
4Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X12862954
Property Type
Detached
Status
active
Days on Site
98
Bedrooms
4
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Hamilton
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Welcome to this stunning brand new TO BE BUILT detached home built by the reputable Westpark Inc. in one of Hamilton's most sought-after neighbourhoods, just off vibrant Locke Street. Perfectly positioned in the heart of downtown, you're steps to trendy bars, top-rated restaurants, boutique shopping, transit, and nightlife, with easy access to universities, schools, and major routes. Offering just over 1,800 sq ft of thoughtfully designed living space, this modern home features4 spacious bedrooms- and 2.5 beautifully appointed bathrooms. The open-concept main floor is bright and airy, designed for both everyday living and effortless entertaining, with sleek contemporary finishes throughout. Enjoy the convenience of a private garage and driveway parking, a rare find in this prime urban location. Brand new from top to bottom, this home delivers the perfect blend of modern style, function, and downtown lifestyle. An exceptional opportunity to own a brand new turnkey property in the heart of Hamilton. All plans and renderings have been made, current home on the property will be knocked down and newbuild will be built on the lot. Home is being sold with Tarion Warranty under the builder.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,059.53/mo

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5-yr fixed avg.

Principal: $1,095,920Interest: $721,939
Mortgage Amount$1,095,920
Total Interest$721,939
Est. Property Tax$970/mo
Total Cost$1,817,859

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

132 Canada Street, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$970
Insurance (est.)-$285
Net Cash Flow+$1,945

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 $913/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.

Negotiation Opportunity

At 98 days on site, this property has exceeded the typical selling timeline for Hamilton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Hamilton. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 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.

Investment Perspective

Looking at this as an investment: Hamilton properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    132 Canada Street, Hamilton — $1,369,900 | Battaglia Team