$1,248,000 - 16 Oldmill Road, Hamilton
Detached for Sale in Hamilton
- MLS Number
- X13164654
- Property Type
- Detached
- Status
- active
- Days on Site
- 24
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- KELLER WILLIAMS COMPLETE REALTY
An executive Losani build, this 3,037 sq ft, 5-bedroom home makes a strong first impression from the moment you arrive at its glass-featured double front door. It offers the kind of solid bones and thoughtful layout that insightful buyers rarely find. The main floor sets the tone immediately with elevated 9-ft ceilings, a gas fireplace anchoring the family room beneath a coffered ceiling, and a butler's servery connecting the kitchen and dining room for seamless entertaining. The dining room also features a coffered ceiling, adding architectural character throughout the principal living spaces. Upstairs, 5 generously sized bedrooms include a spacious primary suite with a walk-in closet and private en-suite, while 2nd-floor laundry keeps daily routines convenient. The unfinished basement offers a true blank canvas, with an open floor plan and stairs positioned against the wall to preserve maximum usable space. Practical systems throughout include a water softener system, central humidifier, and a generator, all contributing to year-round comfort and reliability. The sprinkler system paired with well-balanced landscaping keeps the property looking its best through every season. The home's original architectural style is genuinely preserved, giving a buyer the rare opportunity to personalize the space entirely to their own taste. With a two-car garage, private fully-fenced backyard, and excellent location proximal to amenities completing the package, this well-built Losani home is ready for its next chapter and will not wait long for the right buyer.
Estimate your monthly payments for this property
Estimated Payment
$5,520.32/mo
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 Oldmill Road, 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 $416/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 24 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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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.