$549,900 - 343 Cumberland Avenue, Hamilton
Detached for Sale in Hamilton
Popular Listing- MLS Number
- X13238430
- Property Type
- Detached
- Status
- active
- Days on Site
- 12
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to this charming detached century home in the heart of the highly desirable Blakeley neighbourhood in Hamilton. Full of character and opportunity, this 3-bedroom, 1.5-bath residence offers approximately 1,100 sq ft above grade plus an unfinished basement, making it an ideal canvas for renovators, investors, or buyers looking to create their dream home in a vibrant, established community. Offered for sale in "as is,where is" condition, the property presents an excellent opportunity to renovate, invest, or hold as a rental in a strong and steadily appreciating neighbourhood. The location is a standout-steps to Gage Park, the Escarpment Rail Trail, Bruce Trail access points, and Wentworth Stairs,making it ideal for outdoor enthusiasts. Enjoy quick access to McMaster University, Mohawk College, St. Joseph's Hospital, Hamilton General Hospital, Hamilton GO Centre, and multiple transit routes. Nearby Ottawa Street offers cafés, restaurants, shopping, and local amenities, while downtown Hamilton, Waterfront trails, Confederation Beach, and Tim Hortons Field are only minutes away. Whether you're an investor seeking value-add potential, a renovator/builder looking for your next project, or a buyer ready to bring new life to a classic home, this property offers location, lifestyle, and long-term upside in one of Hamilton's most connected neighbourhoods.
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.
343 Cumberland Avenue, 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 $500/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.
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 $2,291 (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.