1416 Hwy 6 N/A, Hamilton

Price: $3,499,000

3 bedrooms, 1 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13052592

Location, Location, remarkable location on Hwy 6, we are presenting a remarkable 22-acre parcel zoned A2 with three bedrooms, one washroom, beautiful open concept, abundant windows, its cottage-like charm, those scenic views. Situated directly on Highway 6, the property offers prime proximityto Hwy Dundas, Waterdown, Hwy 403 QEW, and all amenities are close by. Additionally, the property includes a detached approximately 3000 Sq feet shop for personal use.

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active
New Listing
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$3,499,000 - 1416 Hwy 6 N/A, Hamilton

Detached for Sale in Hamilton

New — Listed 4 days ago
3Beds
1Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13052592
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
1
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Hamilton
Listing Brokerage
HOMELIFE/MIRACLE REALTY LTD
Description

Location, Location, remarkable location on Hwy 6, we are presenting a remarkable 22-acre parcel zoned A2 with three bedrooms, one washroom, beautiful open concept, abundant windows, its cottage-like charm, those scenic views. Situated directly on Highway 6, the property offers prime proximityto Hwy Dundas, Waterdown, Hwy 403 QEW, and all amenities are close by. Additionally, the property includes a detached approximately 3000 Sq feet shop for personal use.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$15,477.26/mo

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5%20%50%

5-yr fixed avg.

Principal: $2,799,200Interest: $1,843,977
Mortgage Amount$2,799,200
Total Interest$1,843,977
Est. Property Tax$2,478/mo
Total Cost$4,643,177

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

1416 Hwy 6 N/A, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
-0.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$2,478
Insurance (est.)-$729
Net Cash Flow-$407

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

Premium Pricing

At $2333/sqft, this property is priced above the Hamilton average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Just Listed - Act Strategically

This property hit the market within the last week. In Hamilton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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 $14,579 (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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