21 Chestnut Avenue, Hamilton

Price: $346,500

4 bedrooms, 1 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13206554

** Calling All Investors/ Contractors ** Opportunity to finish the buildout of this three level single family home in Hamilton's evolving pocket of Gibson. 21 Chestnut Ave offers incredible upside with a generous living space on the first floor, separate side & back entrances, along with a spacious backyard. Situated just minutes from downtown Hamilton, we're a quick commute to the city's vibrant restaurant scene, including local favourites such as Cowabunga+, The Mule, Charred Rotisserie House, and The French. Enjoy nearby cafes, parks, schools, and everyday amenities, all within easy reach. Commuters will appreciate the exceptional connectivity, being 5 minutes to the Red Hill Valley Parkway and the QEW access, 7 minutes to the downtown core, and convenient public transit routes nearby. Reach out to our team to book your showing!

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$346,500 - 21 Chestnut Avenue, Hamilton

Detached for Sale in Hamilton

4Beds
1Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13206554
Property Type
Detached
Status
active
Days on Site
17
Bedrooms
4
Bathrooms
1
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Hamilton
Listing Brokerage
RARE REAL ESTATE
Description

** Calling All Investors/ Contractors ** Opportunity to finish the buildout of this three level single family home in Hamilton's evolving pocket of Gibson. 21 Chestnut Ave offers incredible upside with a generous living space on the first floor, separate side & back entrances, along with a spacious backyard. Situated just minutes from downtown Hamilton, we're a quick commute to the city's vibrant restaurant scene, including local favourites such as Cowabunga+, The Mule, Charred Rotisserie House, and The French. Enjoy nearby cafes, parks, schools, and everyday amenities, all within easy reach. Commuters will appreciate the exceptional connectivity, being 5 minutes to the Red Hill Valley Parkway and the QEW access, 7 minutes to the downtown core, and convenient public transit routes nearby. Reach out to our team to book your showing!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,777.72/mo

Includes CMHC insurance ($9,667)

$
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5%10%50%

5-yr fixed avg.

Principal: $311,850Interest: $211,800
Mortgage Amount$321,517
Total Interest$211,800
Est. Property Tax$245/mo
Total Cost$533,317

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

21 Chestnut Avenue, 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)
10.0%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$245
Insurance (est.)-$72
Net Cash Flow+$2,883

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 $231/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.

Market Position

At 17 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

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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    21 Chestnut Avenue, Hamilton — $346,500 | Battaglia Team