



Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$499,900
Hamilton
46 EAST 16TH Street, Hamilton, Ontario, L9A4H9
This 2-bedroom, 1-bathroom home in Hamilton is for sale offering roughly 650 sq ft of space. Listed at $499,900, it is attractively priced about 33% below the $749,900 median asking price in Hamilton.
Nestled on a quiet street just off Concession on the Hamilton Mountain, this solid brick home offers incredible potential in a desirable location. Enjoy being just minutes from scenic parks and trails along the Niagara Escarpment with stunning views of the lower city, while still being close to schools, recreation centres, public transit, Juravinski Hospital, and the vibrant shops and restaurants of the trendy Concession Street district. The property features a two-car driveway and a fully fenced backyard, perfect for families, pets, or entertaining. Inside, the home is ready for your personal touch and finishing updates, making it an excellent opportunity for renovators, first-time buyers, or investors looking to build equity. Notable updates include Omni Basement Waterproofing, furnace installed in 2010, new AC unit in 2021, and roof replaced in 2015. Bring your vision and make this home your own. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 162 days on market, against an average age of 65 days across the listings currently for sale in this city
This 2-bed single family in Hamilton is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $499,900, about 6.2× the local median household income of $81,000.
Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 21% above the area median.
Source: Statistics Canada, 2021 Census (FSA L9A)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice