218 East 8th Street, Hamilton

Price: $459,900

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13011788

Wonderful opportunity to own on Hamilton's highly sought-after Central Mountain! This charming 2-bedroom, 1-bathroom bungalow is perfectly positioned backing onto Bruce Park, offering a rare, private setting and an expansive backyard ready for your vision. Inside, the home features a bright and functional main-floor layout filled with natural light, along with a separate side entrance leading to a partially finished basement-ideal for future living space, an in-law setup, or added storage. Enjoy the convenience of being just steps to public transit, shopping, schools, restaurants, and nearby parks, with quick access to major highways for easy commuting. An excellent opportunity for first-time buyers, downsizers, or investors looking to add value in a prime location. Property is being sold "as is, where is" with no representations or warranties by the seller.

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$459,900 - 218 East 8th Street, Hamilton

Detached for Sale in Hamilton

62 days on market
2Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13011788
Property Type
Detached
Status
active
Days on Site
62
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Hamilton
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Wonderful opportunity to own on Hamilton's highly sought-after Central Mountain! This charming 2-bedroom, 1-bathroom bungalow is perfectly positioned backing onto Bruce Park, offering a rare, private setting and an expansive backyard ready for your vision. Inside, the home features a bright and functional main-floor layout filled with natural light, along with a separate side entrance leading to a partially finished basement-ideal for future living space, an in-law setup, or added storage. Enjoy the convenience of being just steps to public transit, shopping, schools, restaurants, and nearby parks, with quick access to major highways for easy commuting. An excellent opportunity for first-time buyers, downsizers, or investors looking to add value in a prime location. Property is being sold "as is, where is" with no representations or warranties by the seller.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,359.53/mo

Includes CMHC insurance ($12,831)

$
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5%10%50%

5-yr fixed avg.

Principal: $413,910Interest: $281,116
Mortgage Amount$426,741
Total Interest$281,116
Est. Property Tax$326/mo
Total Cost$707,858

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

218 East 8th Street, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
5.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$326
Insurance (est.)-$96
Net Cash Flow+$1,978

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 $657/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 62 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.

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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    218 East 8th Street, Hamilton | $459,900 | Battaglia Team