170 Fernwood Crescent, Hamilton

Price: $799,900

5 bedrooms, 3 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13056534

LEGAL BASEMENT FULLY FINISHED WITH SEPERATE SIDE ENTRANCE, ALL WORK COMPLETED WITH PERMITS & APPROVALS, 3+2 BEDROOMS + DEN, 2.5 BATHRMS, 2 CUSTON KITCHENS, QUARTZ COUNTER TOP & BACK SPLASH IN UPR KITCHEN, ALL NEW WINDOWS, NEW ROOF SHINGLES, NEW GAS FURNACE, NEW AC UNIT, TANKLESS HOT WATER HEATER, 2 ELECTRIC FIREPLACES, NEW INTERIOR DOORS, FLOORING & TRIMS, NO CARPET, NEW 200 AMP BREAKER PANEL, ESA APPROVED, 5 BRAND NEW APPLIANCES (GAS STOVE) IN UPPER KITCHEN, NEW FRIDGE & STOVE IN BASEMENT KITCHEN, NEW 1" WATER LINE, 7 INTER CONNECTED SMOKE & CARBON MONOXIDE DETECTORS, 5/8 FIRE RATED DRYWALLS & ROCK WOOL INSULATION ON BASEMENT CEILINGS, 6 CARS DRIVEWAY, ASHPHALT WILL BE DONE IN NEXT FEW DAYS

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active
New Listing
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$799,900 - 170 Fernwood Crescent, Hamilton

Detached for Sale in Hamilton

New — Listed 3 days ago
5Beds
3Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13056534
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
5
Bathrooms
3
Square Feet
700 - 1,099 sqft
Neighbourhood
Hamilton
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

LEGAL BASEMENT FULLY FINISHED WITH SEPERATE SIDE ENTRANCE, ALL WORK COMPLETED WITH PERMITS & APPROVALS, 3+2 BEDROOMS + DEN, 2.5 BATHRMS, 2 CUSTON KITCHENS, QUARTZ COUNTER TOP & BACK SPLASH IN UPR KITCHEN, ALL NEW WINDOWS, NEW ROOF SHINGLES, NEW GAS FURNACE, NEW AC UNIT, TANKLESS HOT WATER HEATER, 2 ELECTRIC FIREPLACES, NEW INTERIOR DOORS, FLOORING & TRIMS, NO CARPET, NEW 200 AMP BREAKER PANEL, ESA APPROVED, 5 BRAND NEW APPLIANCES (GAS STOVE) IN UPPER KITCHEN, NEW FRIDGE & STOVE IN BASEMENT KITCHEN, NEW 1" WATER LINE, 7 INTER CONNECTED SMOKE & CARBON MONOXIDE DETECTORS, 5/8 FIRE RATED DRYWALLS & ROCK WOOL INSULATION ON BASEMENT CEILINGS, 6 CARS DRIVEWAY, ASHPHALT WILL BE DONE IN NEXT FEW DAYS

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,103.90/mo

Includes CMHC insurance ($22,317)

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5-yr fixed avg.

Principal: $719,910Interest: $488,943
Mortgage Amount$742,227
Total Interest$488,943
Est. Property Tax$567/mo
Total Cost$1,231,170

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

170 Fernwood Crescent, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
4.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$567
Insurance (est.)-$167
Net Cash Flow+$2,866

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 $1143/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.

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.

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.

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