283 Ivon Avenue, Hamilton

Price: $585,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13092518

$$$$ SPENT in FULLY RENOVATING detached two-storey home in a quiet, convenient neighbourhood. The house has been almost completely gutted from inside and re-built. There's a brand-new furnace, heat pump, coil, OWNED TANKLESS water heater. HUM Thermostat, media filter and SMART thermostat. The ceiling THROUGHOUT THE HOUSE has new pot lights installed, the front, back and closet doors are all new. KITCHEN is brand new as well, with quartz counter-top, a beautiful island and awesome decor. The FLOORING is new with new baseboards. STAIRS were town down and new broad steps installed. SMART MIRRORS in both washrooms. Bidet facility installed. Freshly painted inside and out. Backyard and driveway all new and concrete. Fire alarm newly installed. Appliances almost like-new and in good working condition. The roof, which is also flat has NEW SHINGLES installed. New electric FIREPLACE!!! There is a convenient 2 piece washroom on the main level and an enclosed brand-new LAUNDRY ensuring less noise while running. There is ample parking for multiple cars, an additional storage shed and over 450 sq ft garage space, which can be used for storage or as a workplace/workshop! Close to park, schools, shopping and Highway access! A house you can MOVE-INTO immediately and call home now!!

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$585,000 - 283 Ivon Avenue, Hamilton

Detached for Sale in Hamilton

41 days on market
3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13092518
Property Type
Detached
Status
active
Days on Site
41
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
ZOLO REALTY
Description

$$$$ SPENT in FULLY RENOVATING detached two-storey home in a quiet, convenient neighbourhood. The house has been almost completely gutted from inside and re-built. There's a brand-new furnace, heat pump, coil, OWNED TANKLESS water heater. HUM Thermostat, media filter and SMART thermostat. The ceiling THROUGHOUT THE HOUSE has new pot lights installed, the front, back and closet doors are all new. KITCHEN is brand new as well, with quartz counter-top, a beautiful island and awesome decor. The FLOORING is new with new baseboards. STAIRS were town down and new broad steps installed. SMART MIRRORS in both washrooms. Bidet facility installed. Freshly painted inside and out. Backyard and driveway all new and concrete. Fire alarm newly installed. Appliances almost like-new and in good working condition. The roof, which is also flat has NEW SHINGLES installed. New electric FIREPLACE!!! There is a convenient 2 piece washroom on the main level and an enclosed brand-new LAUNDRY ensuring less noise while running. There is ample parking for multiple cars, an additional storage shed and over 450 sq ft garage space, which can be used for storage or as a workplace/workshop! Close to park, schools, shopping and Highway access! A house you can MOVE-INTO immediately and call home now!!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,001.35/mo

Includes CMHC insurance ($16,322)

$
$
5%10%50%

5-yr fixed avg.

Principal: $526,500Interest: $357,584
Mortgage Amount$542,822
Total Interest$357,584
Est. Property Tax$414/mo
Total Cost$900,406

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.

Ready to get pre-approved?

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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

283 Ivon 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)
4.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$414
Insurance (est.)-$122
Net Cash Flow+$2,264

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 $532/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 41 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.

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 $2,438 (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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    283 Ivon Avenue, Hamilton | $585,000 | Battaglia Team