55 Cayley Street, Hamilton

Price: $1,550,000

3 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13410692

With a wraparound porch you'll never want to leave, 55 Cayley is the one you've been waiting for. This Victorian cottage is perfectly located in one of Dundas' most desirable neighbourhoods, the home is steps from Dundas Driving Park, close to trails, schools, and the vibrant shops and cafes of Downtown Dundas. Accented by original coal gas fixtures, detailed carpentry, and warm woodwork, it radiates charm and character throughout. Inside, soaring 10' ceilings, oak hardwood floors, and oversized windows create a bright natural flow. The main floor offers true one-floor living with a spacious front hall, elegant living room or office, sprawling family room with ornate gas fireplace, generous bedroom, and full bath. A butler's pantry leads into the kitchen, filled with original character and framed by garden views. From here, step into the bright sun porch with walkout to the rear gardens. The separate dining room opens out to the side garden, where a 1920s gazebo and stonework create an enchanting, secret garden setting - perfect for intimate gatherings or quiet reflection. Separate staircases lead to the 2nd floor, where you'll find a rear bedroom or den, full bath, ample storage, and a generous primary retreat with dormer windows, electric fireplace, and walkout to an enclosed terrace overlooking the streetscape and treetops beyond. Outdoors, mature gardens, multiple sitting areas, a powered garage and separate studio space, long driveway, and versatile outbuilding add practicality and flexibility. Set on a rare double-wide lot of more than 0.25 acre, this property offers space, privacy, and presence rarely found in Dundas.

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active
New Listing
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$1,550,000 - 55 Cayley Street, Hamilton

Detached for Sale in Hamilton

New — Listed 2 days ago
3Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13410692
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Hamilton
Listing Brokerage
ROYAL LEPAGE STATE REALTY
Description

With a wraparound porch you'll never want to leave, 55 Cayley is the one you've been waiting for. This Victorian cottage is perfectly located in one of Dundas' most desirable neighbourhoods, the home is steps from Dundas Driving Park, close to trails, schools, and the vibrant shops and cafes of Downtown Dundas. Accented by original coal gas fixtures, detailed carpentry, and warm woodwork, it radiates charm and character throughout. Inside, soaring 10' ceilings, oak hardwood floors, and oversized windows create a bright natural flow. The main floor offers true one-floor living with a spacious front hall, elegant living room or office, sprawling family room with ornate gas fireplace, generous bedroom, and full bath. A butler's pantry leads into the kitchen, filled with original character and framed by garden views. From here, step into the bright sun porch with walkout to the rear gardens. The separate dining room opens out to the side garden, where a 1920s gazebo and stonework create an enchanting, secret garden setting - perfect for intimate gatherings or quiet reflection. Separate staircases lead to the 2nd floor, where you'll find a rear bedroom or den, full bath, ample storage, and a generous primary retreat with dormer windows, electric fireplace, and walkout to an enclosed terrace overlooking the streetscape and treetops beyond. Outdoors, mature gardens, multiple sitting areas, a powered garage and separate studio space, long driveway, and versatile outbuilding add practicality and flexibility. Set on a rare double-wide lot of more than 0.25 acre, this property offers space, privacy, and presence rarely found in Dundas.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,856.17/mo

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5-yr fixed avg.

Principal: $1,240,000Interest: $816,852
Mortgage Amount$1,240,000
Total Interest$816,852
Est. Property Tax$1,098/mo
Total Cost$2,056,852

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

55 Cayley 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)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$1,098
Insurance (est.)-$323
Net Cash Flow+$1,379

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

Fair Market Value

At $1033/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.

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 $6,458 (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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    55 Cayley Street, Hamilton — $1,550,000 | Battaglia Team