$1,400,000 - 138 Park Street, Hamilton
Detached for Sale in Hamilton
Neighbourhood: Dundas
- MLS Number
- X13175402
- Property Type
- Detached
- Status
- active
- Days on Site
- 23
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- COLDWELL BANKER COMMUNITY PROFESSIONALS
Set on a rare double lot in the heart of downtown Dundas, this beautifully preserved 1910 home offers timeless character, exceptional space, and an opportunity seldom found in the highly sought-after Melville Heritage District. With 3 bedrooms, 2 bathrooms, a bright sunroom, and an additional 400 sq ft unfinished attic space ready for future potential, this home combines historic charm with everyday functionality. Original inlaid hardwood floors have been meticulously maintained, while the wrap-around covered porch is the perfect place to enjoy summer rain showers and watch the neighbourhood go by. The mature gardens surrounding the property create a private and established setting, while the detached garage/workshop with power adds incredible versatility for hobbyists, storage, or creative workspace needs. Surrounded by tree-lined streets and just steps to shops, cafés, restaurants, and trails, this is a rare chance to own a landmark property in one of Dundas' most desirable neighbourhoods. Located within the catchment for Dundas Central School and Dundas Valley Secondary School. Rarely do properties of this calibre and character become available in this location - book your private showing today.
Estimate your monthly payments for this property
Estimated Payment
$6,192.67/mo
5-yr fixed avg.
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.
Discover Dundas
Dundas 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 Dundas
- •Convenient location in Hamilton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
Dundas 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.
138 Park Street, Hamilton
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $700/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 23 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.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About Dundas
I know Dundas well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $5,833 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.