187 ALDERLEA Avenue, Hamilton

Price: $749,000

5 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13258192

Welcome to 187 Alderlea Avenue, a beautifully maintained 3+2 bedroom family home nestled in one of Hamilton Mountain's most sought after pockets, the Allison neighbourhood. Offering just over 1,700 sq ft of above grade living space, this solid brick and siding two storey sits on a generous lot with a double attached garage, interlock walkway and a welcoming covered front porch surrounded by mature, established landscaping.Inside, the bright and spacious kitchen features white cabinetry, a centre breakfast bar, stainless steel appliances and tile flooring, flowing seamlessly into a generous living room anchored by a gas fireplace. A stylishly updated powder room with designer wallpaper and gold fixtures adds a charming touch to the main floor. Upstairs you will find three well sized bedrooms including a primary with ensuite privilege, all with ceiling fans and plenty of natural light. The main bathroom on the bedroom level has also been tastefully updated.The finished basement extends your living space with two additional bedrooms and a large recreation area, perfect for a growing family, guests or a home office setup. Outside, enjoy an above ground pool, fire pit area and kids play structure in a fully fenced backyard. Double attached garage and ample driveway parking round out this well loved home.A solid family home in a mature, established neighbourhood on Hamilton Mountain, offering incredible potential for those looking to make it their own. Close to schools, parks, transit and all amenities.

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$749,000 - 187 ALDERLEA Avenue, Hamilton

Detached for Sale in Hamilton

Popular Listing
5Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13258192
Property Type
Detached
Status
active
Days on Site
10
Bedrooms
5
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Hamilton
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Welcome to 187 Alderlea Avenue, a beautifully maintained 3+2 bedroom family home nestled in one of Hamilton Mountain's most sought after pockets, the Allison neighbourhood. Offering just over 1,700 sq ft of above grade living space, this solid brick and siding two storey sits on a generous lot with a double attached garage, interlock walkway and a welcoming covered front porch surrounded by mature, established landscaping.Inside, the bright and spacious kitchen features white cabinetry, a centre breakfast bar, stainless steel appliances and tile flooring, flowing seamlessly into a generous living room anchored by a gas fireplace. A stylishly updated powder room with designer wallpaper and gold fixtures adds a charming touch to the main floor. Upstairs you will find three well sized bedrooms including a primary with ensuite privilege, all with ceiling fans and plenty of natural light. The main bathroom on the bedroom level has also been tastefully updated.The finished basement extends your living space with two additional bedrooms and a large recreation area, perfect for a growing family, guests or a home office setup. Outside, enjoy an above ground pool, fire pit area and kids play structure in a fully fenced backyard. Double attached garage and ample driveway parking round out this well loved home.A solid family home in a mature, established neighbourhood on Hamilton Mountain, offering incredible potential for those looking to make it their own. Close to schools, parks, transit and all amenities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,842.76/mo

Includes CMHC insurance ($20,897)

$
$
5%10%50%

5-yr fixed avg.

Principal: $674,100Interest: $457,830
Mortgage Amount$694,997
Total Interest$457,830
Est. Property Tax$531/mo
Total Cost$1,152,827

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

187 ALDERLEA Avenue, 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)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$531
Insurance (est.)-$156
Net Cash Flow+$2,913

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 $499/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.

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.

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 $3,121 (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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    187 ALDERLEA Avenue, Hamilton — $749,000 | Battaglia Team