1388 Highway 6 N/A, Hamilton

Price: $2,000,000

5 bedrooms, 2 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: X12644086

Located on Highway 6 with quick access to Highways 401 and 403, this property offers an excellent commuter location just minutes from Burlington and Waterdown, with convenient access to amenities and services. Set on approximately 3 acres, the property provides ample space for farming and a variety of agricultural opportunities. The home features 4 bedrooms, including one bedroom on the main floor, along with two full bathrooms and an additional 4-piece bathroom for added convenience. The laundry room is currently located in the basement, while the main-floor laundry area may be converted into an additional bedroom if desired. The spacious main-floor primary bedroom extends from the front to the back of the home, offering a private and comfortable retreat. The large kitchen features an island and generous workspace, ideal for both everyday living and entertaining. New flooring installed in 2022 adds a fresh, updated feel throughout. The family room is filled with natural light, creating a warm and inviting living space.

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$2,000,000 - 1388 Highway 6 N/A, Hamilton

Detached for Sale in Hamilton

137 days on market
5Beds
2Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
X12644086
Property Type
Detached
Status
active
Days on Site
137
Bedrooms
5
Bathrooms
2
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
HOMELIFE/MIRACLE REALTY LTD
Description

Located on Highway 6 with quick access to Highways 401 and 403, this property offers an excellent commuter location just minutes from Burlington and Waterdown, with convenient access to amenities and services. Set on approximately 3 acres, the property provides ample space for farming and a variety of agricultural opportunities. The home features 4 bedrooms, including one bedroom on the main floor, along with two full bathrooms and an additional 4-piece bathroom for added convenience. The laundry room is currently located in the basement, while the main-floor laundry area may be converted into an additional bedroom if desired. The spacious main-floor primary bedroom extends from the front to the back of the home, offering a private and comfortable retreat. The large kitchen features an island and generous workspace, ideal for both everyday living and entertaining. New flooring installed in 2022 adds a fresh, updated feel throughout. The family room is filled with natural light, creating a warm and inviting living space.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,846.67/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,600,000Interest: $1,054,002
Mortgage Amount$1,600,000
Total Interest$1,054,002
Est. Property Tax$1,417/mo
Total Cost$2,654,002

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

1388 Highway 6 N/A, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$1,417
Insurance (est.)-$417
Net Cash Flow+$1,866

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 $1000/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 137 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 5 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 $8,333 (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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    MLS# X12644086 — 1388 Highway 6 N/A, Hamilton | Battaglia Team