74 Best Avenue, Hamilton

Price: $1,850,000

6 bedrooms, 3 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: X13165132

Perfectly positioned in a peaceful and private setting, this rare offering combines the tranquility of country-style living with the convenience of nearby amenities and easy access to everything you need. With very few neighbouring properties and all approvals already in place, you can begin building immediately without the usual delays and uncertainty. Choose the path that suits your vision: purchase the land and bring your own custom dream home to life, or take advantage of the turnkey opportunity and have the builder complete the stunning 3,000 sq ft residence with private ensuites, 3 additional bathrooms, a double car garage, soaring 10 ft ceilings on the main floor, and a fully finished basement offering additional living space and 2 more bedrooms. Whether you're seeking a peaceful retreat for your family or the chance to build something truly special, opportunities like this are exceptionally rare. Your future starts here - get your shovel in the ground tomorrow.

74 Best Avenue - Detached photo 1 of 1 in Hamilton, Ontario
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New Listing
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$1,850,000 - 74 Best Avenue, Hamilton

Detached for Sale in Hamilton

New — Listed 3 days ago
6Beds
3Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
X13165132
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
6
Bathrooms
3
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Hamilton
Listing Brokerage
ROYAL LEPAGE TERREQUITY REALTY
Description

Perfectly positioned in a peaceful and private setting, this rare offering combines the tranquility of country-style living with the convenience of nearby amenities and easy access to everything you need. With very few neighbouring properties and all approvals already in place, you can begin building immediately without the usual delays and uncertainty. Choose the path that suits your vision: purchase the land and bring your own custom dream home to life, or take advantage of the turnkey opportunity and have the builder complete the stunning 3,000 sq ft residence with private ensuites, 3 additional bathrooms, a double car garage, soaring 10 ft ceilings on the main floor, and a fully finished basement offering additional living space and 2 more bedrooms. Whether you're seeking a peaceful retreat for your family or the chance to build something truly special, opportunities like this are exceptionally rare. Your future starts here - get your shovel in the ground tomorrow.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,183.17/mo

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5-yr fixed avg.

Principal: $1,480,000Interest: $974,952
Mortgage Amount$1,480,000
Total Interest$974,952
Est. Property Tax$1,310/mo
Total Cost$2,454,952

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

74 Best Avenue, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,350/mo
Range: $3,698 - $5,003
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,350
Maintenance Fees-$0
Property Tax (est.)-$1,310
Insurance (est.)-$385
Net Cash Flow+$2,655

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 $740/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 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 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 $7,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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