$779,000 - 54 Duncombe Drive, Hamilton
Detached for Sale in Hamilton
96 days on market- MLS Number
- X12873524
- Property Type
- Detached
- Status
- active
- Days on Site
- 96
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- ROYAL LEPAGE CERTIFIED REALTY
Welcome to this impeccably updated and meticulously maintained 3+2 bedroom raised bungalow, offering a full in-law suite with a separate side entrance and parking for up to five vehicles. Perfectly situated in a quiet family-friendly Hamilton Mountain neighbourhood and close to all amenities, this turn-key home delivers comfort, style, and exceptional versatility for multi-generational living or investment potential. The main level features a bright, open-concept living and dining area enhanced by smooth ceilings, recessed lighting and tasteful modern finishes throughout. The spacious kitchen offers ample cabinetry and convenient in-suite laundry. Three generous bedrooms and an updated 4-piece bathroom complete this level creating an inviting space ideal for families. A private side entrance leads to the beautifully finished lower-level in-law suite designed with comfort and independence in mind. This impressive space includes a large living area, an updated kitchen, two sizable bedrooms with large egress windows, a contemporary 4-piece bathroom with semi-ensuite access and its own oversized laundry area complete with abundant cabinetry and a custom folding counter. Additional highlights include a fully fenced backyard, a recently built custom garden shed, carpet-free interior and a fire suppression sprinkler system for added peace of mind. A rare opportunity in a prime location, move in and enjoy or take advantage of exceptional income and multi-family living options, this home truly has it all. Offering outstanding value, this property boasts an endless list of upgrades including a new roof (2022), new furnace/AC/hot water tank/windows/exterior doors/basement sprinkler system/Type X fire-rated barrier/upgraded attic and exterior wall insulation (2019), updated plumbing and electrical (2016). *** Some images have been virtually staged ***
Estimate your monthly payments for this property
Estimated Payment
$3,996.67/mo
Includes CMHC insurance ($21,734)
5-yr fixed avg.
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.
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
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.
54 Duncombe Drive, Hamilton
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1113/sqft, this property is priced in line with current Hamilton market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 96 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.
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.
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 $3,246 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.