198 Duke Street, Hamilton

Price: $799,900

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X12757598

Perfect for first-time buyers, downsizers, or investors, this charming home offers the ideal blend of character, outdoor space, and unbeatable location. Located in Hamilton's sought-after Durand neighbourhood, this standout property sits on an impressive 161-foot deep lot, offering a private, cottage-like retreat in the heart of the city. With mature landscaping, generous outdoor space, and classic homes nearby, it combines the comfort of a large lot with the convenience of urban living.The expansive backyard is exceptional for a central location, featuring mature trees, a tranquil water feature, a spacious deck, rear parking for two vehicles, a new sliding gate, and room to add a garage or ADU.Inside, this charming 1.5-storey century home blends timeless character with modern updates, including exposed brick, high baseboards, an ornate fireplace mantle, pocket doors, and hickory and oak flooring. Contemporary finishes include refreshed cabinetry, stainless steel appliances, stylish tilework, glass-enclosed showers, and updated lighting.The bright main floor offers a welcoming living and dining area, a bedroom or office with a large closet, a spacious kitchen with ample storage, a large 4-piece bathroom, and laundry. Upstairs, there are two additional bedrooms with generous closets and a second 4-piece bathroom.Enjoy the convenience of this walkable neighbourhood with easy access to transit, shops, restaurants, and amenities. Walk to Locke Street, Hess Village, GO Transit, St. Joseph's Healthcare Hamilton, parks, and more. A rare opportunity to enjoy a spacious lot, central location, and the best of urban living in one of Hamilton's most desirable neighbourhoods.

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$799,900 - 198 Duke Street, Hamilton

Detached for Sale in Hamilton

131 days on market
3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X12757598
Property Type
Detached
Status
active
Days on Site
131
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
KELLER WILLIAMS COMPLETE REALTY
Description

Perfect for first-time buyers, downsizers, or investors, this charming home offers the ideal blend of character, outdoor space, and unbeatable location. Located in Hamilton's sought-after Durand neighbourhood, this standout property sits on an impressive 161-foot deep lot, offering a private, cottage-like retreat in the heart of the city. With mature landscaping, generous outdoor space, and classic homes nearby, it combines the comfort of a large lot with the convenience of urban living.The expansive backyard is exceptional for a central location, featuring mature trees, a tranquil water feature, a spacious deck, rear parking for two vehicles, a new sliding gate, and room to add a garage or ADU.Inside, this charming 1.5-storey century home blends timeless character with modern updates, including exposed brick, high baseboards, an ornate fireplace mantle, pocket doors, and hickory and oak flooring. Contemporary finishes include refreshed cabinetry, stainless steel appliances, stylish tilework, glass-enclosed showers, and updated lighting.The bright main floor offers a welcoming living and dining area, a bedroom or office with a large closet, a spacious kitchen with ample storage, a large 4-piece bathroom, and laundry. Upstairs, there are two additional bedrooms with generous closets and a second 4-piece bathroom.Enjoy the convenience of this walkable neighbourhood with easy access to transit, shops, restaurants, and amenities. Walk to Locke Street, Hess Village, GO Transit, St. Joseph's Healthcare Hamilton, parks, and more. A rare opportunity to enjoy a spacious lot, central location, and the best of urban living in one of Hamilton's most desirable neighbourhoods.

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%10%50%

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

198 Duke Street, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$567
Insurance (est.)-$167
Net Cash Flow+$2,066

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 $727/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.

Negotiation Opportunity

At 131 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $3,333 (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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    198 Duke Street, Hamilton — $799,900 | Battaglia Team