9 Madison Avenue, Hamilton

Price: $274,900

3 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: X13170038

Fantastic opportunity for first-time home buyers, investors, or renovators looking to enter the real estate market and add their personal touch. This freehold 2-storey semi-detached home offers 3 bedrooms, an eat-in kitchen, spacious living/dining area, and a versatile main floor family room/sunroom with a side entrance leading to the deck and fully fenced deep backyard.Situated on a quiet street, the property is conveniently located just minutes from downtown, public transit, shopping, GO Station, hospital, schools, and walking trails.Currently tenanted on a month-to-month basis.

9 Madison Avenue - Semi-Detached photo 1 of 1 in Hamilton, Ontario
active
1/1

$274,900 - 9 Madison Avenue, Hamilton

Semi-Detached for Sale in Hamilton

3Beds
1Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
X13170038
Property Type
Semi-Detached
Status
active
Days on Site
19
Bedrooms
3
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Fantastic opportunity for first-time home buyers, investors, or renovators looking to enter the real estate market and add their personal touch. This freehold 2-storey semi-detached home offers 3 bedrooms, an eat-in kitchen, spacious living/dining area, and a versatile main floor family room/sunroom with a side entrance leading to the deck and fully fenced deep backyard.Situated on a quiet street, the property is conveniently located just minutes from downtown, public transit, shopping, GO Station, hospital, schools, and walking trails.Currently tenanted on a month-to-month basis.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,410.38/mo

Includes CMHC insurance ($7,670)

$
$
5%10%50%

5-yr fixed avg.

Principal: $247,410Interest: $168,034
Mortgage Amount$255,080
Total Interest$168,034
Est. Property Tax$195/mo
Total Cost$423,114

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.

Ready to get pre-approved?

Know your exact budget before you start house hunting.

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

9 Madison Avenue, Hamilton

Open in Google Maps

Use the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.

Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
11.1%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$195
Insurance (est.)-$57
Net Cash Flow+$2,548

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 $250/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 19 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.

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.

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.

Similar Properties Nearby

Active listings in Hamilton with similar features

Search
Log in
    9 Madison Avenue, Hamilton — $274,900 | Battaglia Team