45 Thames Way, Hamilton

Price: $678,000

4 bedrooms, 5 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X12461642

Welcome to 45 Thames Way, this spacious Link detached freehold home has 3+1 beds, 4.5 baths. The main level is open plan kitchen/living/dining area with hardwood floors, fireplace in living room, granite counters in the kitchen and a separate den (or 4th bedroom), with a 2 pc bath and inside entry to the single garage. Upstairs there are three bedrooms, TWO with ENSUITES, the Master also has a walk in closet. A third bedroom, 4 pc main bath and laundry closet complete this level. The basement: 3 rooms, a walk out to the fenced back yard, kitchenette, 3 pc bathroom & laundry closet - great space for in-laws and teens alike! The paved driveway provides additional parking for with the single attached garage, which has access door to yard. Amenities, HWY access, airport and more nearby make this a great place to call 'home'!

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$678,000 - 45 Thames Way, Hamilton

Detached for Sale in Hamilton

92 days on market
4Beds
5Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X12461642
Property Type
Detached
Status
active
Days on Site
92
Bedrooms
4
Bathrooms
5
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Hamilton
Listing Brokerage
ROYAL LEPAGE STATE REALTY
Description

Welcome to 45 Thames Way, this spacious Link detached freehold home has 3+1 beds, 4.5 baths. The main level is open plan kitchen/living/dining area with hardwood floors, fireplace in living room, granite counters in the kitchen and a separate den (or 4th bedroom), with a 2 pc bath and inside entry to the single garage. Upstairs there are three bedrooms, TWO with ENSUITES, the Master also has a walk in closet. A third bedroom, 4 pc main bath and laundry closet complete this level. The basement: 3 rooms, a walk out to the fenced back yard, kitchenette, 3 pc bathroom & laundry closet - great space for in-laws and teens alike! The paved driveway provides additional parking for with the single attached garage, which has access door to yard. Amenities, HWY access, airport and more nearby make this a great place to call 'home'!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,478.49/mo

Includes CMHC insurance ($18,916)

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5-yr fixed avg.

Principal: $610,200Interest: $414,431
Mortgage Amount$629,116
Total Interest$414,431
Est. Property Tax$480/mo
Total Cost$1,043,547

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

45 Thames Way, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
4.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$480
Insurance (est.)-$141
Net Cash Flow+$2,579

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 $452/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.

Negotiation Opportunity

At 92 days on site, this property has exceeded the typical selling timeline for Hamilton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Hamilton. Good resale value as demand remains consistent.

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.

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 $2,825 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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