29 Gaines Avenue, Hamilton

Price: $1,499,000

6 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: X13103424

Welcome to 29 Gaines Avenue in Dundas, a spacious two-storey home ideal for growing or multi-generational families. The main floor features hardwood flooring, a bright eat-in kitchen with quartz countertops, updated cabinetry, stainless steel appliances, and a walkout to the upper deck. A double-sided gas fireplace connects the kitchen and Great Room. Separate living and dining rooms, a flexible office/den, powder room, and main-floor laundry with garage access complete the level. Upstairs offers five bedrooms and three full bathrooms. The primary suite includes a five-piece ensuite, two walk-in closets, and a gas fireplace. One bedroom has its own ensuite, and another has semi-ensuite access. The finished walk-out basement includes a kitchen, large recreation room w/ custom built ins & gas fireplace, bedroom, and full bathroom-ideal for extended family or guests or private home. The fully fenced backyard features a deck with Gazebo, gas BBQ hookup, hot tub, walkway to the relaxing koi pond, garden shed with power, and in-ground sprinkler system. Move-in ready with updated lighting, hardware, and finishes throughout. Perfectly located in a family-friendly Dundas neighbourhood, this home is just steps to top-rated schools, Memorial Park, conservation trails, parks, and all the amenities of downtown Dundas, offering the ideal balance of convenience and outdoor lifestyle.

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$1,499,000 - 29 Gaines Avenue, Hamilton

Detached for Sale in Hamilton

38 days on market
6Beds
5Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
X13103424
Property Type
Detached
Status
active
Days on Site
38
Bedrooms
6
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Hamilton
Lot Size
7,307 sqft
Listing Brokerage
ROYAL LEPAGE STATE REALTY
Description

Welcome to 29 Gaines Avenue in Dundas, a spacious two-storey home ideal for growing or multi-generational families. The main floor features hardwood flooring, a bright eat-in kitchen with quartz countertops, updated cabinetry, stainless steel appliances, and a walkout to the upper deck. A double-sided gas fireplace connects the kitchen and Great Room. Separate living and dining rooms, a flexible office/den, powder room, and main-floor laundry with garage access complete the level. Upstairs offers five bedrooms and three full bathrooms. The primary suite includes a five-piece ensuite, two walk-in closets, and a gas fireplace. One bedroom has its own ensuite, and another has semi-ensuite access. The finished walk-out basement includes a kitchen, large recreation room w/ custom built ins & gas fireplace, bedroom, and full bathroom-ideal for extended family or guests or private home. The fully fenced backyard features a deck with Gazebo, gas BBQ hookup, hot tub, walkway to the relaxing koi pond, garden shed with power, and in-ground sprinkler system. Move-in ready with updated lighting, hardware, and finishes throughout. Perfectly located in a family-friendly Dundas neighbourhood, this home is just steps to top-rated schools, Memorial Park, conservation trails, parks, and all the amenities of downtown Dundas, offering the ideal balance of convenience and outdoor lifestyle.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,630.58/mo

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5-yr fixed avg.

Principal: $1,199,200Interest: $789,975
Mortgage Amount$1,199,200
Total Interest$789,975
Est. Property Tax$1,062/mo
Total Cost$1,989,175

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

29 Gaines Avenue, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,850/mo
Range: $4,123 - $5,578
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,850
Maintenance Fees-$0
Property Tax (est.)-$1,062
Insurance (est.)-$312
Net Cash Flow+$3,476

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 $428/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 38 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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 6 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 5 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.

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    29 Gaines Avenue, Hamilton — $1,499,000 | Battaglia Team