5 Royce Avenue, Hamilton

Price: $899,000

3 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13054878

Beautifully maintained and oversized raised bungalow with great curb appeal and a drive-through double, 3 car attached garage - a rare and highly functional feature. Step inside to a spacious and well-designed main level featuring an abundance of natural light, a welcoming living area and a functional layout ideal for both everyday living and entertaining. The eat-in kitchen and dining space flow seamlessly, creating a warm and connected atmosphere for family gatherings. 3 generously sized bedrooms and a 5pc bathroom complete the main floor. The fully finished basement extends your living space with a large rec room, additional bathroom and flexible areas perfect for a 2nd kitchen, 4th bedroom, home office, gym or guest accommodations - ideal for growing families or multi-generational living. Outside, the home impresses with a wide driveway and attached garage (with access from main and lower level), offering ample parking and convenience. The landscaped front yard enhances the home's curb appeal, while the overall setting provides a quiet, family-friendly feel. A fantastic opportunity to own a raised bungalow with a full basement - offering space, versatility and lasting value.

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active
New Listing
1/46

$899,000 - 5 Royce Avenue, Hamilton

Detached for Sale in Hamilton

New — Listed 4 days ago
3Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13054878
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Hamilton
Listing Brokerage
ROYAL LEPAGE NRC REALTY
Description

Beautifully maintained and oversized raised bungalow with great curb appeal and a drive-through double, 3 car attached garage - a rare and highly functional feature. Step inside to a spacious and well-designed main level featuring an abundance of natural light, a welcoming living area and a functional layout ideal for both everyday living and entertaining. The eat-in kitchen and dining space flow seamlessly, creating a warm and connected atmosphere for family gatherings. 3 generously sized bedrooms and a 5pc bathroom complete the main floor. The fully finished basement extends your living space with a large rec room, additional bathroom and flexible areas perfect for a 2nd kitchen, 4th bedroom, home office, gym or guest accommodations - ideal for growing families or multi-generational living. Outside, the home impresses with a wide driveway and attached garage (with access from main and lower level), offering ample parking and convenience. The landscaped front yard enhances the home's curb appeal, while the overall setting provides a quiet, family-friendly feel. A fantastic opportunity to own a raised bungalow with a full basement - offering space, versatility and lasting value.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,612.34/mo

Includes CMHC insurance ($25,082)

$
$
5%10%50%

5-yr fixed avg.

Principal: $809,100Interest: $549,519
Mortgage Amount$834,182
Total Interest$549,519
Est. Property Tax$637/mo
Total Cost$1,383,701

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 Royce Avenue, 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)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$1,976

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 $599/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Hamilton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 $3,746 (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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