5 Martha Street, Hamilton

Price: $539,000

3 bedrooms, 3 bathrooms

700 - 1,099 sqft

Property Type: Semi-Detached

MLS#: X13002440

Welcome to 5 Martha Street - an excellent opportunity for first-time buyers or savvy investors looking to enter the Hamilton market. Situated on the desirable east side, this move-in ready home offers exceptional value with thoughtful upgrades throughout.Recent improvements provide peace of mind, including a furnace and A/C (2024), owned hot water tank (no rental), updated kitchen appliances (2024) with remaining warranties, and a fully finished basement (2026) complete with a newly added bathroom.The home features a functional layout with bright living spaces and a generously sized, fully fenced backyard-perfect for entertaining, relaxing, or enjoying summer with family and friends.Why rent when you can own for the same or less? Whether you're starting out or looking to add to your portfolio, this property offers both comfort and long-term potential.Don't miss your chance to own a well-updated home in a growing community-book your showing today.

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$539,000 - 5 Martha Street, Hamilton

Semi-Detached for Sale in Hamilton

61 days on market
3Beds
3Baths
700 - 1,099Sq Ft
Semi-Detached
Property Details
MLS Number
X13002440
Property Type
Semi-Detached
Status
active
Days on Site
61
Bedrooms
3
Bathrooms
3
Square Feet
700 - 1,099 sqft
Neighbourhood
Hamilton
Listing Brokerage
HOUSESIGMA INC.
Description

Welcome to 5 Martha Street - an excellent opportunity for first-time buyers or savvy investors looking to enter the Hamilton market. Situated on the desirable east side, this move-in ready home offers exceptional value with thoughtful upgrades throughout.Recent improvements provide peace of mind, including a furnace and A/C (2024), owned hot water tank (no rental), updated kitchen appliances (2024) with remaining warranties, and a fully finished basement (2026) complete with a newly added bathroom.The home features a functional layout with bright living spaces and a generously sized, fully fenced backyard-perfect for entertaining, relaxing, or enjoying summer with family and friends.Why rent when you can own for the same or less? Whether you're starting out or looking to add to your portfolio, this property offers both comfort and long-term potential.Don't miss your chance to own a well-updated home in a growing community-book your showing today.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,765.35/mo

Includes CMHC insurance ($15,038)

$
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5%10%50%

5-yr fixed avg.

Principal: $485,100Interest: $329,467
Mortgage Amount$500,138
Total Interest$329,467
Est. Property Tax$382/mo
Total Cost$829,605

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

5 Martha 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)
5.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$382
Insurance (est.)-$112
Net Cash Flow+$2,306

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 $770/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 61 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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    5 Martha Street, Hamilton — $539,000 | Battaglia Team