$899,800 - 16 Homeland Avenue, Hamilton
Detached for Sale in Hamilton
45 days on market- MLS Number
- X13072334
- Property Type
- Detached
- Status
- active
- Days on Site
- 45
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- KELLER WILLIAMS COMPLETE REALTY
Steps to Lake Ontario in a quiet court location! Best neighbours you could have!! This beautifully maintained 2,073 sqft, 4+1 bedroom, 2.5 bathroom home showcases true pride of ownership with neutral décor and no carpeting throughout. Hardwood floors run through the living, dining, family room, and all bedrooms, with ceramics in the kitchen and bathrooms. The updated eat-in kitchen features granite countertops, oak cabinetry, and ample storage, and opens to a sunken family room with a cozy wood-burning fireplace and walkout to the backyard. Set on one of the largest and most private lots in the area, the backyard offers mature trees, is fully fenced, a spacious deck, above-ground pool (removable), and plenty of room for entertaining or family enjoyment. The primary bedroom includes a walk-in closet and a 3-piece ensuite with a large walk-in shower. The finished basement adds extra living space with a pool table/theatre room (which could be a bedroom) & a finished workout & home salon area plus storage. Numerous updates include A/C (2024), pool pump (2023), furnace (2021), pool liner (2021), windows (2012), shingles (2007) - all dates approximate. Located just a 1-minute walk to scenic lakefront trails and Cherry Beach, close to schools, shopping, parks, and with excellent highway access - only 20 minutes to Niagara or Oakville. Move-in ready and shows beautifully!
Estimate your monthly payments for this property
Estimated Payment
$4,616.44/mo
Includes CMHC insurance ($25,104)
5-yr fixed avg.
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.
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
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.
16 Homeland Avenue, Hamilton
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $450/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 45 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 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.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $3,749 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.