21 Odessa Street, Hamilton

Price: $699,000

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X12912362

Welcome to this spacious Valley Park bungalow, ideally located on the desirable Stoney Creek Mountain! Offering over 2,000 sq ft of finished living space, this well-maintained home features 3+1 bedrooms, 2 full bathrooms, and parking for up to 5 vehicles with an attached garage and long driveway. The main level offers a bright, functional layout with a generous living room, large windows, and a bright kitchen with plenty of cabinetry and prep space. Three well-sized bedrooms provide comfortable living for families, downsizers, or those needing flexible space. The fully finished lower level expands your living options with a large rec room, additional bedroom, full bathroom, and ample space for entertaining, a home office, or in-law potential. Step outside to a private backyard featuring a covered gazebo perfect for relaxing or hosting gatherings year-round. The outdoor space is both enjoyable and low maintenance. Located minutes from the Valley Park Recreation Centre, parks, schools, shopping, and with quick access to the LINC, this home offers exceptional convenience in a sought-after family-friendly neighbourhood. A fantastic opportunity you won't want to miss!

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$699,000 - 21 Odessa Street, Hamilton

Detached for Sale in Hamilton

87 days on market
4Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X12912362
Property Type
Detached
Status
active
Days on Site
87
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Hamilton
Listing Brokerage
RE/MAX ESCARPMENT GOLFI REALTY INC.
Description

Welcome to this spacious Valley Park bungalow, ideally located on the desirable Stoney Creek Mountain! Offering over 2,000 sq ft of finished living space, this well-maintained home features 3+1 bedrooms, 2 full bathrooms, and parking for up to 5 vehicles with an attached garage and long driveway. The main level offers a bright, functional layout with a generous living room, large windows, and a bright kitchen with plenty of cabinetry and prep space. Three well-sized bedrooms provide comfortable living for families, downsizers, or those needing flexible space. The fully finished lower level expands your living options with a large rec room, additional bedroom, full bathroom, and ample space for entertaining, a home office, or in-law potential. Step outside to a private backyard featuring a covered gazebo perfect for relaxing or hosting gatherings year-round. The outdoor space is both enjoyable and low maintenance. Located minutes from the Valley Park Recreation Centre, parks, schools, shopping, and with quick access to the LINC, this home offers exceptional convenience in a sought-after family-friendly neighbourhood. A fantastic opportunity you won't want to miss!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,586.23/mo

Includes CMHC insurance ($19,502)

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5%10%50%

5-yr fixed avg.

Principal: $629,100Interest: $427,268
Mortgage Amount$648,602
Total Interest$427,268
Est. Property Tax$495/mo
Total Cost$1,075,870

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 Odessa Street, 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)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$495
Insurance (est.)-$146
Net Cash Flow+$2,559

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

Fair Market Value

At $999/sqft, this property is priced in line with current Hamilton market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 87 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.

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.

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.

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 $2,913 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    21 Odessa Street, Hamilton | $699,000 | Battaglia Team