346 Hughson Street, Hamilton

Price: $639,900

3 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: X13013072

Welcome to this well-maintained 2.5-storey semi-detached brick home located in a highly desirable neighbourhood, just steps from the GO Station and within walking distance to Bayfront Park, scenic trails, shops, and public transit.Offering 2+1 bedrooms and 2.5 bathrooms, this home features a functional, carpet-free layout throughout. The updated kitchen is designed for both style and practicality, complete with an 11.5-ft quartz countertop, vinyl plank flooring, porcelain tile backsplash, under-cabinet lighting, and a commercial-grade sink and faucet.Upstairs, the spacious primary bedroom was created by combining two rooms and includes a full wall-length closet. The second-floor bathroom has been fully renovated, bringing modern finishes to this classic home. Colonial-style details throughout include crown moulding, custom wall trim, updated door casings, and a refreshed front entry door. Additional improvements include upgraded windows in the primary bedroom and dining room, along with a new washer and dryer (2024).The finished attic offers flexible bonus space, ideal for a home office, studio, or additional storage. A separate basement apartment with a walk-up entrance provides excellent income potential or space for extended family.The exterior features a custom-built backyard shed, enclosed under-deck storage, and a vegetable garden for outdoor enjoyment. A rare double-wide concrete driveway adds valuable convenience.With its versatile layout, thoughtful updates, and prime location, this property is well-suited for both end users and investors, with strong potential as a two-unit income-generating asset.

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$639,900 - 346 Hughson Street, Hamilton

Semi-Detached for Sale in Hamilton

3Beds
3Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
X13013072
Property Type
Semi-Detached
Status
active
Days on Site
15
Bedrooms
3
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Welcome to this well-maintained 2.5-storey semi-detached brick home located in a highly desirable neighbourhood, just steps from the GO Station and within walking distance to Bayfront Park, scenic trails, shops, and public transit.Offering 2+1 bedrooms and 2.5 bathrooms, this home features a functional, carpet-free layout throughout. The updated kitchen is designed for both style and practicality, complete with an 11.5-ft quartz countertop, vinyl plank flooring, porcelain tile backsplash, under-cabinet lighting, and a commercial-grade sink and faucet.Upstairs, the spacious primary bedroom was created by combining two rooms and includes a full wall-length closet. The second-floor bathroom has been fully renovated, bringing modern finishes to this classic home. Colonial-style details throughout include crown moulding, custom wall trim, updated door casings, and a refreshed front entry door. Additional improvements include upgraded windows in the primary bedroom and dining room, along with a new washer and dryer (2024).The finished attic offers flexible bonus space, ideal for a home office, studio, or additional storage. A separate basement apartment with a walk-up entrance provides excellent income potential or space for extended family.The exterior features a custom-built backyard shed, enclosed under-deck storage, and a vegetable garden for outdoor enjoyment. A rare double-wide concrete driveway adds valuable convenience.With its versatile layout, thoughtful updates, and prime location, this property is well-suited for both end users and investors, with strong potential as a two-unit income-generating asset.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,283.02/mo

Includes CMHC insurance ($17,853)

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5-yr fixed avg.

Principal: $575,910Interest: $391,142
Mortgage Amount$593,763
Total Interest$391,142
Est. Property Tax$453/mo
Total Cost$984,906

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

346 Hughson Street, 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)
4.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$453
Insurance (est.)-$133
Net Cash Flow+$2,214

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 $582/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.

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.

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 $2,666 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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