153 Elgin Street, Hamilton

Price: $589,900

2 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: X13005754

Welcome to this beautifully updated & incredibly charming home in the heart of Hamilton, offering rare 4-car parking. From the moment you step inside, you're greeted by elegant wainscotting and a bright, open-concept living and dining space, enhanced by all-new pot lights that create a warm and inviting atmosphere. The fully updated kitchen features modern finishes & brand-new appliances, seamlessly blending style and functionality. Down the hall, you'll find a stunning spa-like 4-piece bathroom and the convenience of main floor laundry. One of the standout features of this home is the thoughtfully converted 4-season bonus living space (300+ sq ft), formerly a workspace and now fully insulated, perfect as a family room, studio, or additional lounge area. This space leads directly to a beautifully private backyard complete with a pergola, ideal for entertaining, and surrounded by great neighbours. Upstairs, you'll find two bright bedrooms, an additional office nook at the top of the stairs, and an updated 3-piece bathroom. Situated in a fantastic location close to amenities, this home is just a short walk (under 15 min) to West Harbour GO, vibrant restaurants along James Street & The core entertainment district, including TD Coliseum & FirstOntario Concert Hall. A truly unique property that combines character, modern updates & versatile living space. LET'S GET MOVING!

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$589,900 - 153 Elgin Street, Hamilton

Semi-Detached for Sale in Hamilton

2Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
X13005754
Property Type
Semi-Detached
Status
active
Days on Site
16
Bedrooms
2
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Welcome to this beautifully updated & incredibly charming home in the heart of Hamilton, offering rare 4-car parking. From the moment you step inside, you're greeted by elegant wainscotting and a bright, open-concept living and dining space, enhanced by all-new pot lights that create a warm and inviting atmosphere. The fully updated kitchen features modern finishes & brand-new appliances, seamlessly blending style and functionality. Down the hall, you'll find a stunning spa-like 4-piece bathroom and the convenience of main floor laundry. One of the standout features of this home is the thoughtfully converted 4-season bonus living space (300+ sq ft), formerly a workspace and now fully insulated, perfect as a family room, studio, or additional lounge area. This space leads directly to a beautifully private backyard complete with a pergola, ideal for entertaining, and surrounded by great neighbours. Upstairs, you'll find two bright bedrooms, an additional office nook at the top of the stairs, and an updated 3-piece bathroom. Situated in a fantastic location close to amenities, this home is just a short walk (under 15 min) to West Harbour GO, vibrant restaurants along James Street & The core entertainment district, including TD Coliseum & FirstOntario Concert Hall. A truly unique property that combines character, modern updates & versatile living space. LET'S GET MOVING!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,026.49/mo

Includes CMHC insurance ($16,458)

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5-yr fixed avg.

Principal: $530,910Interest: $360,580
Mortgage Amount$547,368
Total Interest$360,580
Est. Property Tax$418/mo
Total Cost$907,948

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

153 Elgin Street, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
3.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$418
Insurance (est.)-$123
Net Cash Flow+$1,859

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 $536/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 16 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.

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 $2,458 (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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