71 Jessica Street, Hamilton

Price: $990,000

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: X12722576

Solid custom-built home in a prime Hamilton Mountain location. The main level features an open-concept design with a spacious kitchen complete with granite countertops and upgraded cabinetry, a dining room with sliding doors leading to the rear yard, a comfortable living room with a gas fireplace, and a convenient bathroom. The second level offers four large bedrooms, including a generous primary bedroom with a walk-in closet, a fire-piece ensuite, and second-floor laundry floor added convenience. The large basement provides excellent future potential with rough-ins in place for a recreation room, additional bedroom, and bathroom. Outside, enjoy a fully fenced backyard featuring a large deck and garden shed- perfect for entertaining or family living. Ideally located closed to schools, parks, public transit, shopping, and quick highway access, this home offers space, comfort, and long-term value in a highly desirable neighbourhood.

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$990,000 - 71 Jessica Street, Hamilton

Detached for Sale in Hamilton

138 days on market
4Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
X12722576
Property Type
Detached
Status
active
Days on Site
138
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
ROYAL LEPAGE STATE REALTY
Description

Solid custom-built home in a prime Hamilton Mountain location. The main level features an open-concept design with a spacious kitchen complete with granite countertops and upgraded cabinetry, a dining room with sliding doors leading to the rear yard, a comfortable living room with a gas fireplace, and a convenient bathroom. The second level offers four large bedrooms, including a generous primary bedroom with a walk-in closet, a fire-piece ensuite, and second-floor laundry floor added convenience. The large basement provides excellent future potential with rough-ins in place for a recreation room, additional bedroom, and bathroom. Outside, enjoy a fully fenced backyard featuring a large deck and garden shed- perfect for entertaining or family living. Ideally located closed to schools, parks, public transit, shopping, and quick highway access, this home offers space, comfort, and long-term value in a highly desirable neighbourhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,079.21/mo

Includes CMHC insurance ($27,621)

$
$
5%10%50%

5-yr fixed avg.

Principal: $891,000Interest: $605,143
Mortgage Amount$918,621
Total Interest$605,143
Est. Property Tax$701/mo
Total Cost$1,523,764

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 Jessica Street, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$701
Insurance (est.)-$206
Net Cash Flow+$2,393

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 $495/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 138 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Hamilton. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 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.

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 $4,125 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    71 Jessica Street, Hamilton | $990,000 | Battaglia Team