295 Locke Street, Hamilton

Price: $1,250,000

4 bedrooms, 3 bathrooms

1,500 sq ft

Property Type: Single Family Home

MLS#: X12749940

PRIME LOCKE STREET SOUTH LOCATION! Absolutely stunning, newly renovated grand home situated on one of Hamilton's most highly sought-after and rarely available streets. This exceptional property is truly a must see! Offering 2.5 beautifully finished above ground floors, with two separate entrances to each of the above-ground floors and with an additional separate basement entrance, it gives this property so many different options and possibilities. Use as a current multi-family home. Live on one or two of the levels while renting out the others for a strong, easy income stream, or enjoy it as a very spacious single family home with the flexibility of a 5 bedroom layout instead of a 4 bedroom. At the rear, you'll find an incredibly private setting with no homes behind and three walkout decks, one off each floor, offering peaceful views and creating your own quiet urban oasis. This home features brand new engineered hardwood flooring throughout with an open-concept main floor boasting ceilings over nine feet high, enhancing the already spacious and grand feel. Oversized windows throughout the home flood the space with natural light. Extensive renovations include a new roof, new windows and doors, all new stainless steel kitchen appliances, new kitchens, new hardwood flooring throughout, new ductwork, new central air conditioning and so much more. Ideally located just steps from trendy restaurants, outdoor cafés, and all the vibrant amenities Locke Street South is known for. The brand new front deck has been thoughtfully designed with maximum future front pad parking in mind. A rare opportunity in an unbeatable location, definitely worth a look. You won't be disappointed.

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$1,250,000 - 295 Locke Street, Hamilton

Single Family Home for Sale in Hamilton

4Beds
3Baths
1,500Sq Ft
Single Family Home
Property Details
MLS Number
X12749940
Property Type
Single Family Home
Status
active
Days on Market
1
Bedrooms
4
Bathrooms
3
Square Feet
1,500 sqft
City
Hamilton
Description

PRIME LOCKE STREET SOUTH LOCATION! Absolutely stunning, newly renovated grand home situated on one of Hamilton's most highly sought-after and rarely available streets. This exceptional property is truly a must see! Offering 2.5 beautifully finished above ground floors, with two separate entrances to each of the above-ground floors and with an additional separate basement entrance, it gives this property so many different options and possibilities. Use as a current multi-family home. Live on one or two of the levels while renting out the others for a strong, easy income stream, or enjoy it as a very spacious single family home with the flexibility of a 5 bedroom layout instead of a 4 bedroom. At the rear, you'll find an incredibly private setting with no homes behind and three walkout decks, one off each floor, offering peaceful views and creating your own quiet urban oasis. This home features brand new engineered hardwood flooring throughout with an open-concept main floor boasting ceilings over nine feet high, enhancing the already spacious and grand feel. Oversized windows throughout the home flood the space with natural light. Extensive renovations include a new roof, new windows and doors, all new stainless steel kitchen appliances, new kitchens, new hardwood flooring throughout, new ductwork, new central air conditioning and so much more. Ideally located just steps from trendy restaurants, outdoor cafés, and all the vibrant amenities Locke Street South is known for. The brand new front deck has been thoughtfully designed with maximum future front pad parking in mind. A rare opportunity in an unbeatable location, definitely worth a look. You won't be disappointed.

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

295 Locke Street, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$885
Insurance (est.)-$260
Net Cash Flow+$2,055

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

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $833/sqft, this property is priced in line with current Hamilton market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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.

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 $5,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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.

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