$799,999 - 575 Mary Street, Hamilton
Detached for Sale in Hamilton
140 days on market- MLS Number
- X12614468
- Property Type
- Detached
- Status
- active
- Days on Site
- 140
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- CENTURY 21 HERITAGE GROUP LTD.
Welcome to 575 Mary Street, a stunningly unique property steps from the water's edge in the north end of Hamilton, where a tight-knit family transformed a house into a home during the quiet of Covid lockdowns. Step inside this fully renovated gem, seamlessly blending modern comforts with warm, inviting spaces, all crafted by a talented Hamilton native and international artist. The artistic flair captivates, merging the natural light of the outdoors with glass, cement, and crisp whites throughout. At the heart of the home is a stunning kitchen featuring floor-to-ceiling cabinetry, a four-seater waterfall quartz island, and very likely the most interesting matching Italian porcelain flooring and backsplash combo you have ever seen. The front porch, drenched in light from two skylights, is perfect for sipping morning coffee while enjoying the sunrise. On the opposite side of the house, cozy evenings come alive by the newly installed wood-burning fireplace, which warms the all-season backyard patio designed for both entertaining and relaxing after a long day. This home also features an innovative and massive office space seamlessly integrated into the main bedroom, ideal for remote work or midnight inspiration. With HUE smart lights throughout, you can easily set the perfect mood for any occasion. In the last four years, recent upgrades include Neal installed roof coverings, a high-efficiency furnace, all new flooring, windows, all siding, main floor powder room, brand-new kitchen and laundry appliances. This means you can move in and enjoy modern living! With three spacious bedrooms plus an office, this home provides ample space for families, guests, or your creative pursuits. Plus, convenience is key with two included parking spaces and an upgraded fast-charging EV connection port already installed. Come fall in love with this art piece of a home. A space ready for some new dreamers and creative spirits!
Estimate your monthly payments for this property
Estimated Payment
$4,104.41/mo
Includes CMHC insurance ($22,320)
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.
575 Mary Street, 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
Competitive Pricing
At $533/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 140 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.
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 $3,333 (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.