58 Forsyth Avenue, Hamilton

Price: $2,350,000

6 bedrooms, 7 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: X13148196

Nestled in the prestigious Westdale community of Hamilton, this exceptional custom-built residence sits on a rare 75 x 100 ft lot and offers over 3,500 sq ft of refined living space above grade. A grand 2-storey detached home featuring 5+1 bedrooms and 5 bathrooms, designed for both elegant family living and sophisticated entertaining. Spacious principal rooms, a finished basement, and a built-in 2-car garage complement the expansive circular driveway with parking for up to 8 vehicles. Carpet-free interior with thoughtfully updated finishes throughout, including built-in oven and ample storage. Flexible layout ideal for multigenerational living or executive families. Located steps to prestigious schools, McMaster University, parks, trails, and vibrant Westdale Village shops, cafés, and restaurants. Minutes to Royal Botanical Gardens, Cootes Paradise, and easy access to Highway 403, making commuting seamless. A rare opportunity to own a distinguished home in one of Hamilton's most sought-after neighbourhoods

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$2,350,000 - 58 Forsyth Avenue, Hamilton

Detached for Sale in Hamilton

6Beds
7Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
X13148196
Property Type
Detached
Status
active
Days on Site
27
Bedrooms
6
Bathrooms
7
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Hamilton
Listing Brokerage
UNION CAPITAL REALTY
Description

Nestled in the prestigious Westdale community of Hamilton, this exceptional custom-built residence sits on a rare 75 x 100 ft lot and offers over 3,500 sq ft of refined living space above grade. A grand 2-storey detached home featuring 5+1 bedrooms and 5 bathrooms, designed for both elegant family living and sophisticated entertaining. Spacious principal rooms, a finished basement, and a built-in 2-car garage complement the expansive circular driveway with parking for up to 8 vehicles. Carpet-free interior with thoughtfully updated finishes throughout, including built-in oven and ample storage. Flexible layout ideal for multigenerational living or executive families. Located steps to prestigious schools, McMaster University, parks, trails, and vibrant Westdale Village shops, cafés, and restaurants. Minutes to Royal Botanical Gardens, Cootes Paradise, and easy access to Highway 403, making commuting seamless. A rare opportunity to own a distinguished home in one of Hamilton's most sought-after neighbourhoods

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$10,394.84/mo

$
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5%20%50%

5-yr fixed avg.

Principal: $1,880,000Interest: $1,238,453
Mortgage Amount$1,880,000
Total Interest$1,238,453
Est. Property Tax$1,665/mo
Total Cost$3,118,453

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

58 Forsyth Avenue, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,850/mo
Range: $4,123 - $5,578
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,850
Maintenance Fees-$0
Property Tax (est.)-$1,665
Insurance (est.)-$490
Net Cash Flow+$2,695

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 $671/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.

Market Position

At 27 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 6 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.

Bathroom Count Matters

With 7 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    58 Forsyth Avenue, Hamilton | $2,350,000 | Battaglia Team