$649,999 - 559 East 27th Street, Hamilton
Detached for Sale in Hamilton
137 days on market- MLS Number
- X12484844
- Property Type
- Detached
- Status
- active
- Days on Site
- 137
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Welcome to 559 East 27th Street - a beautifully updated, move-in-ready home located in one of Hamilton's most family-friendly neighbourhoods. This charming property has been freshly painted throughout and offers a warm, inviting atmosphere from the moment you step inside. With a functional layout, stylish updates, and flexible living options, it's an ideal choice for families, first-time buyers, or investors looking for a smart opportunity on the East Mountain. Step inside to discover a bright, open living space and a tastefully refreshed kitchen designed for everyday living and entertaining. With a carpet-free design, the home is both modern and low-maintenance.Downstairs, you'll find a spacious recreation room complete with a cozy gas fireplace - perfect for family movie nights, game days, or creating a relaxing retreat. A separate side entrance adds excellent flexibility, offering the potential to create an in-law suite or convert to a legal duplex for additional income. This added versatility makes the property not only a wonderful home but also a great investment. Enjoy outdoor living with a fully fenced backyard, ideal for children, pets, and summer barbecues. The property also includes a detached garage and two storage sheds, providing plenty of space for tools, bikes, and seasonal items. Located close to parks, schools, shopping, and transit, this home offers the perfect balance of quiet suburban living and convenient city access. Whether you're looking for a place to call home or an investment that works for you, 559 East 27th Street has it all - comfort, style and opportunity! Make your move today and discover why this East Mountain gem is the one you've been waiting for!
Estimate your monthly payments for this property
Estimated Payment
$3,334.83/mo
Includes CMHC insurance ($18,135)
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.
559 East 27th Street, Hamilton
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Rental income estimator & ROI calculator
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 $929/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 137 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.
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 $2,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.