199 Kimberly Drive, Hamilton

Price: $724,900

4 bedrooms, 4 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X12539602

Completely restored from the outside walls. Current owners spent hundreds of thousands on restoring this property for their retirement but plans have changed and it is now available. Updates include spray foam insulation, dry wall doors trim, windows, electrical, plumbing, heating ducks, furnace, gas piping, central air, siding, down spouts, sump pump, weeping tile, concrete retaining wall with rod iron fencing, front yard garden wall porch/deck and new concrete double driveway with 5 car parking. This home is loaded with valuable convenient upgrades like both gas and electrical connections to all stoves and clothes dryers. Private corner lot,3+1 bedrooms,3 1/2 bathrooms with large main floor primary bedroom with luxurious large built in clothes closet,4 peace ensuite bathroom and laundry facilities. Perfect for anyone who would like to avoid stairs. Fully finished basement with fully functioning in law suite complete with one bedroom, living room, dining room, kitchen with five appliances, large bathroom with laundry and separate private entrance. High quality materials and workmanship shows fantastic. Located in the Rosedale Community one of Hamilton's "hidden gems" A vibrant family orientated neighbourhood located beneath the escarpment in the King Forest area directly across the street from the Kings Forest Golf Course. Tucked beneath the escarpment with only 4 points to enter traffic is minimal with lots of local activities and amenities like golf course, community center, hockey arena, municipal swimming pool, parks, forest, green space, creek, walking and bike trails, and shopping. This is a fabulous healthy active community, a lovely place to live and raise a family. With easy access to hospitals, schools, The Redhill Expressway, the QEW, the escarpment and the downtown core. This home is loaded with valuable high quality improvements, located in a wonderful community. A must see to appreciate the workmanship and design.

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$724,900 - 199 Kimberly Drive, Hamilton

Detached for Sale in Hamilton

137 days on market
4Beds
4Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X12539602
Property Type
Detached
Status
active
Days on Site
137
Bedrooms
4
Bathrooms
4
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Completely restored from the outside walls. Current owners spent hundreds of thousands on restoring this property for their retirement but plans have changed and it is now available. Updates include spray foam insulation, dry wall doors trim, windows, electrical, plumbing, heating ducks, furnace, gas piping, central air, siding, down spouts, sump pump, weeping tile, concrete retaining wall with rod iron fencing, front yard garden wall porch/deck and new concrete double driveway with 5 car parking. This home is loaded with valuable convenient upgrades like both gas and electrical connections to all stoves and clothes dryers. Private corner lot,3+1 bedrooms,3 1/2 bathrooms with large main floor primary bedroom with luxurious large built in clothes closet,4 peace ensuite bathroom and laundry facilities. Perfect for anyone who would like to avoid stairs. Fully finished basement with fully functioning in law suite complete with one bedroom, living room, dining room, kitchen with five appliances, large bathroom with laundry and separate private entrance. High quality materials and workmanship shows fantastic. Located in the Rosedale Community one of Hamilton's "hidden gems" A vibrant family orientated neighbourhood located beneath the escarpment in the King Forest area directly across the street from the Kings Forest Golf Course. Tucked beneath the escarpment with only 4 points to enter traffic is minimal with lots of local activities and amenities like golf course, community center, hockey arena, municipal swimming pool, parks, forest, green space, creek, walking and bike trails, and shopping. This is a fabulous healthy active community, a lovely place to live and raise a family. With easy access to hospitals, schools, The Redhill Expressway, the QEW, the escarpment and the downtown core. This home is loaded with valuable high quality improvements, located in a wonderful community. A must see to appreciate the workmanship and design.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,719.11/mo

Includes CMHC insurance ($20,225)

$
$
5%10%50%

5-yr fixed avg.

Principal: $652,410Interest: $443,099
Mortgage Amount$672,635
Total Interest$443,099
Est. Property Tax$513/mo
Total Cost$1,115,734

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

199 Kimberly Drive, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
4.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$513
Insurance (est.)-$151
Net Cash Flow+$2,536

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 $659/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 137 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Hamilton. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 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.

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 $3,020 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    199 Kimberly Drive, Hamilton | $724,900 | Battaglia Team