$700,000 - 164 and 170 Macaulay Street, Hamilton
Detached for Sale in Hamilton
84 days on market- MLS Number
- X12910016
- Property Type
- Detached
- Status
- active
- Days on Site
- 84
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Exceptional Opportunity on Oversized Lot: Two detached houses on one property! Rare offering that features two fully detached homes (164 &170 Macaulay Street - one ownership) on an expansive 70 x 149 ft lot in a prime, walkable, high-demand location. This unique property is ideallysuited for buyers seeking a project with multiple strategic pathways. Existing layout-comprised of a 3-bedroom, 2-bath two-storey home and a2+1 bedroom, 2-bath bungalow-lends well to a range of possibilities. Whether pursuing a full redevelopment, undertaking a substantialrenovation of both dwellings, or exploring a phased approach over time, the flexibility here is a key strength. Both homes are currently vacantand offer a blank canvas for those looking to undertake a meaningful renovation or redevelopment project. The configuration may also appeal tomultigenerational buyers looking to create a shared property while maintaining independent living spaces. The generous lot size further enhancesthe opportunity, with potential for redevelopment, subject to municipal approvals and due diligence. Additional features include a detachedgarage, shared private driveway with parking for 5 cars, and a large fenced yard. Located just minutes from downtown, the GO Station,waterfront trails and parks, and everyday amenities, this is a location that continues to support strong long-term demand and future growth. Arare chance to secure a versatile property with significant upside in a sought-after area.
Estimate your monthly payments for this property
Estimated Payment
$3,591.36/mo
Includes CMHC insurance ($19,530)
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.
164 and 170 Macaulay Street, 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
Fair Market Value
At $1000/sqft, this property is priced in line with current Hamilton market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 84 days on site, this property has exceeded the typical selling timeline for Hamilton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 $2,917 (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.