24 Central Park Avenue, Hamilton

Price: $799,800

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X12952588

UNIQUE ONE-OF-A-KIND HOME! Prime Central Park location within easy walking distance to downtown Dundas, local schools, and a nearby Montessori school, and backing onto a tributary of Spencer Creek, for added privacy and natural views. This beautifully maintained home offers excellent curb appeal with perennial gardens and sits on a mature 75' x 98' lot surrounded by specimen trees, creating a peaceful, Muskoka-like setting. With approximately 1,376 sqft above-grade, pride of ownership is evident throughout. The home features a bright Great Room with a soaring beamed wood ceiling, large windows overlooking the backyard, garden access, and a cozy gas fireplace-making it the perfect gathering space. The updated kitchen offers ample cabinetry and overlooks the Great Room, ideal for entertaining. On the main floor, there are 3 carpet-free bedrooms (hardwood and laminate flooring), including a spacious primary bedroom with a wall of closets (currently used as an art studio/office), large window, and cove ceiling, along with an updated 4-piece bath. The lower level includes an in-law suite with kitchenette, 3-piece bath, cold room, utility/workshop space, and extra large storage area. The fully fenced U-shaped backyard and side yard feature a flagstone patio, raised deck platform, and mature landscaping-your own private retreat. Updates include kitchen, windows and front door, roof (2015), A/C (2018), and crawl space waterproofing (2019). Note: Any updates prior to 2019 were completed by the previous owner. Don't miss the opportunity to own this special character home in an ideal location!

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active
New Listing
1/41

$799,800 - 24 Central Park Avenue, Hamilton

Detached for Sale in Hamilton

New — Listed 3 days ago
3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X12952588
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
KELLER WILLIAMS COMPLETE REALTY
Description

UNIQUE ONE-OF-A-KIND HOME! Prime Central Park location within easy walking distance to downtown Dundas, local schools, and a nearby Montessori school, and backing onto a tributary of Spencer Creek, for added privacy and natural views. This beautifully maintained home offers excellent curb appeal with perennial gardens and sits on a mature 75' x 98' lot surrounded by specimen trees, creating a peaceful, Muskoka-like setting. With approximately 1,376 sqft above-grade, pride of ownership is evident throughout. The home features a bright Great Room with a soaring beamed wood ceiling, large windows overlooking the backyard, garden access, and a cozy gas fireplace-making it the perfect gathering space. The updated kitchen offers ample cabinetry and overlooks the Great Room, ideal for entertaining. On the main floor, there are 3 carpet-free bedrooms (hardwood and laminate flooring), including a spacious primary bedroom with a wall of closets (currently used as an art studio/office), large window, and cove ceiling, along with an updated 4-piece bath. The lower level includes an in-law suite with kitchenette, 3-piece bath, cold room, utility/workshop space, and extra large storage area. The fully fenced U-shaped backyard and side yard feature a flagstone patio, raised deck platform, and mature landscaping-your own private retreat. Updates include kitchen, windows and front door, roof (2015), A/C (2018), and crawl space waterproofing (2019). Note: Any updates prior to 2019 were completed by the previous owner. Don't miss the opportunity to own this special character home in an ideal location!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,103.39/mo

Includes CMHC insurance ($22,314)

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5-yr fixed avg.

Principal: $719,820Interest: $488,882
Mortgage Amount$742,134
Total Interest$488,882
Est. Property Tax$567/mo
Total Cost$1,231,017

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

24 Central Park Avenue, 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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ 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.

Just Listed - Act Strategically

This property hit the market within the last week. In Hamilton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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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