$549,900 - 24 Sumach Street, Hamilton
Semi-Detached for Sale in Hamilton
- MLS Number
- X13011160
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 15
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- REAL ONE REALTY INC.
This fully renovated three-bedroom residence at 24 Sumach is situated on a quiet, tree-lined street within a vibrant community known for its strong family-friendly atmosphere. The main level is defined by an abundance of natural light that highlights new flooring and a contemporary fireplace focal point. At the heart of the home, the designer kitchen features a sophisticated quartz waterfall island and premium new appliances, offering a perfect blend of style and utility. A large window overlooks the rear grounds, while a convenient walk-out provides a seamless transition to a spacious backyard oasis. This expansive outdoor space is fully fenced and provides a private setting for entertaining or a secure environment for children to play. The functional layout continues with three well-appointed bedrooms and modern finishes throughout the entire interior. A flexible lower level currently serves as a home gym, offering versatile space to suit your specific lifestyle needs. Parking is easily managed with a private driveway that accommodates two vehicles. Residents benefit from exceptional proximity to local green spaces and the McQuesten Urban Farm, along with efficient access to the QEW and Red Hill Valley Parkway for streamlined commuting. This move-in-ready property combines the peace of a residential pocket with the convenience of urban amenities, making it an ideal choice for those seeking quality and connection in a premier neighborhood. Great attention to detail and high-end materials ensure this home stands out as a turnkey opportunity in today's market. Experience the perfect balance of modern luxury and community charm in a location that supports both active lifestyles and quiet relaxation.
Estimate your monthly payments for this property
Estimated Payment
$2,821.27/mo
Includes CMHC insurance ($15,342)
5-yr fixed avg.
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.
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
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.
24 Sumach Street, Hamilton
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $786/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 15 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.
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.
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 $2,291 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.