71 Aikman Avenue, Hamilton

Price: $650,000

5 bedrooms, 2 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: X13433864

Welcome to 71 Aikman Avenue, a charming home that has been lovingly owned and enjoyed by the same family for nearly 20 years. Offering a warm and inviting atmosphere, this home blends character, comfort, and convenience in a desirable Hamilton location. The updated kitchen serves as the heart of the home and features beautiful granite countertops installed in 2020. Perfectly situated beside the rear entrance, it offers easy access to the backyard, making outdoor entertaining and everyday living a breeze. Gather with family and friends in the formal dining room or unwind in the private backyard, an ideal space for relaxing, gardening, or enjoying summer evenings. A unique loft area adds valuable flexibility and can be used as a home office, creative studio, reading nook, or additional living space. Equipped with its own mini-split system providing both heating and cooling, this versatile area can be enjoyed comfortably throughout the year.Important updates include windows replaced in 2017, a roof completed in 2017, and granite kitchen countertops installed in 2020, offering added value and peace of mind. Parking is conveniently available on both sides of the street for residents and guests alike.

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active
New Listing
1/20

$650,000 - 71 Aikman Avenue, Hamilton

Detached for Sale in Hamilton

New — Listed yesterday
5Beds
2Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
X13433864
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
5
Bathrooms
2
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
RE/MAX ESCARPMENT GOLFI REALTY INC.
Description

Welcome to 71 Aikman Avenue, a charming home that has been lovingly owned and enjoyed by the same family for nearly 20 years. Offering a warm and inviting atmosphere, this home blends character, comfort, and convenience in a desirable Hamilton location. The updated kitchen serves as the heart of the home and features beautiful granite countertops installed in 2020. Perfectly situated beside the rear entrance, it offers easy access to the backyard, making outdoor entertaining and everyday living a breeze. Gather with family and friends in the formal dining room or unwind in the private backyard, an ideal space for relaxing, gardening, or enjoying summer evenings. A unique loft area adds valuable flexibility and can be used as a home office, creative studio, reading nook, or additional living space. Equipped with its own mini-split system providing both heating and cooling, this versatile area can be enjoyed comfortably throughout the year.Important updates include windows replaced in 2017, a roof completed in 2017, and granite kitchen countertops installed in 2020, offering added value and peace of mind. Parking is conveniently available on both sides of the street for residents and guests alike.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,334.84/mo

Includes CMHC insurance ($18,135)

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5%10%50%

5-yr fixed avg.

Principal: $585,000Interest: $397,316
Mortgage Amount$603,135
Total Interest$397,316
Est. Property Tax$460/mo
Total Cost$1,000,451

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

71 Aikman Avenue, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
5.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$3,105

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 $325/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.

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.

Excellent Flexibility

With 5 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.

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.

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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    71 Aikman Avenue, Hamilton | $650,000 | Battaglia Team