138 Rifle Range Road, Hamilton

Price: $1,036,000

6 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X12795326

*** Visit the REALTOR website for further information about this Listing *** Beautiful open-concept main floor with a large backyard and separate basement entry. Main Level: Features 3 spacious bedrooms and 1 full washroom. The open-concept kitchen includes a center island overlooking the bright living and dining areas - perfect for both everyday living and entertaining. Basement: Separate entrance with 3 bedrooms and 1 full washroom. Includes a separate kitchen and dining area, along with a spacious layout and excellent ceiling height. Located in an excellent neighborhood, just minutes from McMaster University - ideal for families or investors alike.

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$1,036,000 - 138 Rifle Range Road, Hamilton

Detached for Sale in Hamilton

111 days on market
6Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X12795326
Property Type
Detached
Status
active
Days on Site
111
Bedrooms
6
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
EASY LIST REALTY LTD.
Description

*** Visit the REALTOR website for further information about this Listing *** Beautiful open-concept main floor with a large backyard and separate basement entry. Main Level: Features 3 spacious bedrooms and 1 full washroom. The open-concept kitchen includes a center island overlooking the bright living and dining areas - perfect for both everyday living and entertaining. Basement: Separate entrance with 3 bedrooms and 1 full washroom. Includes a separate kitchen and dining area, along with a spacious layout and excellent ceiling height. Located in an excellent neighborhood, just minutes from McMaster University - ideal for families or investors alike.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,582.58/mo

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$
5%20%50%

5-yr fixed avg.

Principal: $828,800Interest: $545,973
Mortgage Amount$828,800
Total Interest$545,973
Est. Property Tax$734/mo
Total Cost$1,374,773

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

138 Rifle Range Road, 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)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$734
Insurance (est.)-$216
Net Cash Flow+$3,050

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 $942/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 111 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.

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.

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 $4,317 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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    138 Rifle Range Road, Hamilton — $1,036,000 | Battaglia Team