467 Limeridge Road, Hamilton

Price: $699,900

5 bedrooms, 4 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: X13042124

A great opportunity for investors or end-users looking for a property with multiple income possibilities. Spacious 4+1+1 bedroom semi-detached bungalow located in the desirable Rolston neighbourhood. The main floor features 4 bedrooms, 2 washrooms, a full kitchen, and its own laundry.The property also includes a 1-bedroom basement apartment with a separate entrance and separate laundry, providing excellent rental potential. In addition, there is a self-contained studio apartment with its own washroom and kitchenette.

467 Limeridge Road - Semi-Detached photo 1 of 2 in Hamilton, Ontario
467 Limeridge Road - Semi-Detached photo 2 of 2 in Hamilton, Ontario
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$699,900 - 467 Limeridge Road, Hamilton

Semi-Detached for Sale in Hamilton

Popular Listing
5Beds
4Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
X13042124
Property Type
Semi-Detached
Status
active
Days on Site
8
Bedrooms
5
Bathrooms
4
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
NEW AGE REAL ESTATE GROUP INC.
Description

A great opportunity for investors or end-users looking for a property with multiple income possibilities. Spacious 4+1+1 bedroom semi-detached bungalow located in the desirable Rolston neighbourhood. The main floor features 4 bedrooms, 2 washrooms, a full kitchen, and its own laundry.The property also includes a 1-bedroom basement apartment with a separate entrance and separate laundry, providing excellent rental potential. In addition, there is a self-contained studio apartment with its own washroom and kitchenette.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,590.85/mo

Includes CMHC insurance ($19,527)

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5-yr fixed avg.

Principal: $629,910Interest: $427,818
Mortgage Amount$649,437
Total Interest$427,818
Est. Property Tax$496/mo
Total Cost$1,077,255

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

467 Limeridge Road, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
5.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$2,958

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 $636/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.

Excellent Flexibility

With 5 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 4 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 $2,916 (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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