617 Eighth Road, Hamilton

Price: $1,595,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X12982058

Experience country living at its finest here at 617 Eighth Rd conveniently located on east Stoney Creek Mountain - central to Smithville, Winona, Grimsby & QEW - with Escarpment Brow mins north. This versatile 10ac rural "Estate" lends itself to either multi-generational scenario, hobby farm venue, single family residence w/income generating component or Investor's dream property. Incs extensively renovated (2010-2015) brick bungalow situated near front of manicured lot introducing 1140sf of clean living space ftrs oak kitchen sporting granite countertops & tile back-splash, living room boasting sliding door WO to 280sf concrete entertainment patio constructed above 217sf front garage segueing to adjacent 294sf rear garage. Design continues w/3 bedrooms, 5pc bath & rear sunroom. Oak staircase descends to1309sf finished lower level offers family room, 3pc bath, utility/laundry room, cold room &storage room. Extras -newer windows, p/g furnace, AC, water purification, steel tile roof, cistern& septic. Situated south of dwelling is impressive 1500sf brick/block garage incs 2 separate bays, 3pc bath, 200 amp hydro, 10ft ceilings, 2 RU doors & steel tile roof. Continue past multi-purpose block building where large metal clad/brick skirted 62x42 building is nestled under mature trees - incorporates 2018 built "Barndominium" style unit - provides residential potential ftrs open conc. interior highlighted w/milled hardwood flooring incs kitchen w/island, BI appliances, living room, 3pc bath, laundry station, primary bedroom + upper level loft incs 2bedrooms, huge hallway & 3pc bath. Serviced w/cistern, separate septic, p/g furnace & AC. Remainder of building is comprised of 480sf E-bay incs aggregate flooring, 12.6ft ceilings &10x12 RU door -continues to 2604sf W-bay ftrs concrete floor, 12.5ft ceilings & 2-10x12 RU doors + open-style 1544sf livestock barn. Mature orchard, 6ac workable land, 2ac wood-lot &healthy pond add to the setting's natural charm. TOTAL PACKAGE

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$1,595,000 - 617 Eighth Road, Hamilton

Detached for Sale in Hamilton

66 days on market
3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X12982058
Property Type
Detached
Status
active
Days on Site
66
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Hamilton
Lot Size
10 sqft
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Experience country living at its finest here at 617 Eighth Rd conveniently located on east Stoney Creek Mountain - central to Smithville, Winona, Grimsby & QEW - with Escarpment Brow mins north. This versatile 10ac rural "Estate" lends itself to either multi-generational scenario, hobby farm venue, single family residence w/income generating component or Investor's dream property. Incs extensively renovated (2010-2015) brick bungalow situated near front of manicured lot introducing 1140sf of clean living space ftrs oak kitchen sporting granite countertops & tile back-splash, living room boasting sliding door WO to 280sf concrete entertainment patio constructed above 217sf front garage segueing to adjacent 294sf rear garage. Design continues w/3 bedrooms, 5pc bath & rear sunroom. Oak staircase descends to1309sf finished lower level offers family room, 3pc bath, utility/laundry room, cold room &storage room. Extras -newer windows, p/g furnace, AC, water purification, steel tile roof, cistern& septic. Situated south of dwelling is impressive 1500sf brick/block garage incs 2 separate bays, 3pc bath, 200 amp hydro, 10ft ceilings, 2 RU doors & steel tile roof. Continue past multi-purpose block building where large metal clad/brick skirted 62x42 building is nestled under mature trees - incorporates 2018 built "Barndominium" style unit - provides residential potential ftrs open conc. interior highlighted w/milled hardwood flooring incs kitchen w/island, BI appliances, living room, 3pc bath, laundry station, primary bedroom + upper level loft incs 2bedrooms, huge hallway & 3pc bath. Serviced w/cistern, separate septic, p/g furnace & AC. Remainder of building is comprised of 480sf E-bay incs aggregate flooring, 12.6ft ceilings &10x12 RU door -continues to 2604sf W-bay ftrs concrete floor, 12.5ft ceilings & 2-10x12 RU doors + open-style 1544sf livestock barn. Mature orchard, 6ac workable land, 2ac wood-lot &healthy pond add to the setting's natural charm. TOTAL PACKAGE

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,055.22/mo

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5-yr fixed avg.

Principal: $1,276,000Interest: $840,567
Mortgage Amount$1,276,000
Total Interest$840,567
Est. Property Tax$1,130/mo
Total Cost$2,116,567

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
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Price Range

617 Eighth Road, 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)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$1,130
Insurance (est.)-$332
Net Cash Flow+$1,338

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

Premium Pricing

At $1450/sqft, this property is priced above the Hamilton average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 66 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 $6,646 (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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    617 Eighth Road, Hamilton — $1,595,000 | Battaglia Team