139 Dalewood Avenue, Hamilton

Price: $699,900

6 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13141202

Welcome to 139 Dalewood Avenue, a beautiful, meticulously maintained 1.5-storey home situated just an easy 10-minute walk to McMaster University. If you are a parent looking for the perfect, safe, and premium location for your son or daughter while they complete their studies-or a savvy investor looking to add a high-yield asset to your portfolio in Hamilton's most resilient rental market-this is the property you have been waiting for.Inside, the home offers a bright and functional layout featuring classic wood flooring, updated vinyl windows that flood the rooms with natural light, and a roof that was fully replaced in July 2019 for years of maintenance-free living. The finished basement features durable laminate flooring and excellent ceiling height, highlighted by two spacious rooms equipped with proper egress windows-making it ideal, safe, and comfortable for tenant living or an extended family setup.Located in a pristine, high-demand neighborhood just steps from the McMaster campus, Westdale Village, transit, and amenities, this property offers unparalleled peace of mind for parents and a guaranteed draw for top-tier tenants. Don't miss this rare West End gem!

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$699,900 - 139 Dalewood Avenue, Hamilton

Detached for Sale in Hamilton

6Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13141202
Property Type
Detached
Status
active
Days on Site
28
Bedrooms
6
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
EXP REALTY
Description

Welcome to 139 Dalewood Avenue, a beautiful, meticulously maintained 1.5-storey home situated just an easy 10-minute walk to McMaster University. If you are a parent looking for the perfect, safe, and premium location for your son or daughter while they complete their studies-or a savvy investor looking to add a high-yield asset to your portfolio in Hamilton's most resilient rental market-this is the property you have been waiting for.Inside, the home offers a bright and functional layout featuring classic wood flooring, updated vinyl windows that flood the rooms with natural light, and a roof that was fully replaced in July 2019 for years of maintenance-free living. The finished basement features durable laminate flooring and excellent ceiling height, highlighted by two spacious rooms equipped with proper egress windows-making it ideal, safe, and comfortable for tenant living or an extended family setup.Located in a pristine, high-demand neighborhood just steps from the McMaster campus, Westdale Village, transit, and amenities, this property offers unparalleled peace of mind for parents and a guaranteed draw for top-tier tenants. Don't miss this rare West End gem!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,590.85/mo

Includes CMHC insurance ($19,527)

$
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5%10%50%

5-yr fixed avg.

Principal: $629,910Interest: $427,818
Mortgage Amount$649,437
Total Interest$427,818
Est. Property Tax$496/mo
Total Cost$1,077,255

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

139 Dalewood Avenue, 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)
5.8%
Good

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$3,358

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 $636/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 28 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.

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 $2,916 (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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    139 Dalewood Avenue, Hamilton — $699,900 | Battaglia Team