$519,000
Hamilton
729 West 5th Street, Hamilton (Fessenden), Ontario, L9C3R3
This 3-bedroom, 1-bathroom home in Hamilton is for sale. Listed at $519,000, it is attractively priced about 18% below the $629,900 median asking price in Hamilton.
Exceptional Opportunity in a Prime Location - Spacious 4-Level Backsplit Semi-Detached Home!Unlock the incredible potential of this bright and spacious 3-bedroom, 4-level backsplit, proudly owned by the original owner. Offering approximately 2,266 sq. ft. of total living space, including the basement, this solid home provides the perfect canvas to create your dream home or next investment.Designed with a versatile multi-level layout, this property is ideal for families, renovators, and savvy investors. With your personal vision and updates, you can significantly enhance its value and make it truly spectacular.The lower level and basement offer outstanding potential to create a separate apartment or in-law suite, providing an excellent opportunity for multi-generational living or valuable rental income.Step outside to a generously sized backyard-perfect for entertaining, family gatherings, gardening, or simply enjoying your own private outdoor retreat.Ideally situated in a quiet, family-friendly neighbourhood, this home is just minutes from Mohawk College, excellent public and private schools, Lime Ridge Mall, parks, shopping, and everyday amenities. Enjoy the convenience of a less than 5-minute walk to public transit and under a 10-minute drive to major highways, making commuting quick and easy.Solid, spacious, and packed with potential, this is a rare chance to secure a property in a highly sought-after location and build instant equity. (Some photos have been virtually staged to illustrate the property's potential). and (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 95 days on market, against an average age of 37 days across the listings currently for sale in this city
This 3-bed single family in Hamilton (Fessenden) 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 $519,000, about 5.6× the local median household income of $92,000.
Carrying it typically needs a household income of about $101,379 (20% down, 25-yr amortization, stress-tested) — roughly 10% above the area median.
Source: Statistics Canada, 2021 Census (FSA L9C)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.