2696 Upper James St N/A, Hamilton

Price: $901,500

5 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13416628

Unique Property Offering: A Rare Blend Of Current Comfort And Future Potential! Situated On Nearly 1 Acre Of Land. Designed with flexibility in mind, the home is currently configured as two side-by-side living spaces, each with its own kitchen, living areas, bathrooms, and multiple rooms. A connecting interior doorway allows the property to function as one larger home or two separate living spaces depending on your needs. This versatile layout is ideal for large families, multi-generational living arrangements, rental income opportunities, or those seeking additional space for extended family members.The expansive lot provides plenty of outdoor space while offering exciting future possibilities. Conveniently located along Upper James Street/Highway 6, just minutes from John C. Munro Hamilton International Airport, major highways, shopping, restaurants, and everyday amenities, this property offers excellent accessibility while being positioned within one of Hamilton's growing employment and business corridors. Whether you're searching for a home with flexible living arrangements, an income-generating property, or a long-term investment in a growing area, this unique offering provides options that are increasingly difficult to find. A rare opportunity to own a sizable property with existing residential functionality and future potential in a strategic Hamilton location. (some photos are virtually staged)

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active
New Listing
1/50

$901,500 - 2696 Upper James St N/A, Hamilton

Detached for Sale in Hamilton

New — Listed 3 days ago
5Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13416628
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
5
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Hamilton
Listing Brokerage
THE AGENCY
Description

Unique Property Offering: A Rare Blend Of Current Comfort And Future Potential! Situated On Nearly 1 Acre Of Land. Designed with flexibility in mind, the home is currently configured as two side-by-side living spaces, each with its own kitchen, living areas, bathrooms, and multiple rooms. A connecting interior doorway allows the property to function as one larger home or two separate living spaces depending on your needs. This versatile layout is ideal for large families, multi-generational living arrangements, rental income opportunities, or those seeking additional space for extended family members.The expansive lot provides plenty of outdoor space while offering exciting future possibilities. Conveniently located along Upper James Street/Highway 6, just minutes from John C. Munro Hamilton International Airport, major highways, shopping, restaurants, and everyday amenities, this property offers excellent accessibility while being positioned within one of Hamilton's growing employment and business corridors. Whether you're searching for a home with flexible living arrangements, an income-generating property, or a long-term investment in a growing area, this unique offering provides options that are increasingly difficult to find. A rare opportunity to own a sizable property with existing residential functionality and future potential in a strategic Hamilton location. (some photos are virtually staged)

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,625.16/mo

Includes CMHC insurance ($25,152)

$
$
5%10%50%

5-yr fixed avg.

Principal: $811,350Interest: $551,047
Mortgage Amount$836,502
Total Interest$551,047
Est. Property Tax$639/mo
Total Cost$1,387,549

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

2696 Upper James St N/A, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$639
Insurance (est.)-$188
Net Cash Flow+$2,773

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 $601/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.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Hamilton.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $3,756 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    2696 Upper James St N/A, Hamilt… — $901,500 | Battaglia Team