1 Norwood Road, Hamilton

Price: $849,900

6 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13684082

Welcome to this versatile 6-bedroom, 3-bathroom currently duplexed in the heart of desirable Westdale, Hamilton. An excellent opportunity for investors, multi-generational living, or buyers looking to live in one unit while generating rental income to help offset the mortgage. The main floor features 2 bedrooms, 1 bathroom, a spacious living room, dining room, and office, while the finished basement provides additional living space with a recreation room, 2 bedrooms, 1 bathroom, and laundry. The upper unit offers 2 bedrooms, 1 bathroom, a living room, and kitchen, providing a functional and flexible layout for tenants or extended family. Situated on a corner lot, the property also includes a separate garage offering valuable parking and storage space. Enjoy an unbeatable location just steps from Princess Point, Cootes Paradise waterfront trails, Westdale Village, McMaster University and Hospital, parks, and schools. With convenient access to Highway 403, commuting throughout Hamilton and toward Toronto is a breeze. Whether you're looking to invest, house-hack, accommodate a growing family, or secure a property in one of Hamilton's most sought-after neighbourhoods, this Westdale duplex offers exceptional potential and location.

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active
New Listing
1/27

$849,900 - 1 Norwood Road, Hamilton

Detached for Sale in Hamilton

New — Listed 6 days ago

Neighbourhood: Westdale

6Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13684082
Property Type
Detached
Status
active
Days on Site
6
Bedrooms
6
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Hamilton
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Welcome to this versatile 6-bedroom, 3-bathroom currently duplexed in the heart of desirable Westdale, Hamilton. An excellent opportunity for investors, multi-generational living, or buyers looking to live in one unit while generating rental income to help offset the mortgage. The main floor features 2 bedrooms, 1 bathroom, a spacious living room, dining room, and office, while the finished basement provides additional living space with a recreation room, 2 bedrooms, 1 bathroom, and laundry. The upper unit offers 2 bedrooms, 1 bathroom, a living room, and kitchen, providing a functional and flexible layout for tenants or extended family. Situated on a corner lot, the property also includes a separate garage offering valuable parking and storage space. Enjoy an unbeatable location just steps from Princess Point, Cootes Paradise waterfront trails, Westdale Village, McMaster University and Hospital, parks, and schools. With convenient access to Highway 403, commuting throughout Hamilton and toward Toronto is a breeze. Whether you're looking to invest, house-hack, accommodate a growing family, or secure a property in one of Hamilton's most sought-after neighbourhoods, this Westdale duplex offers exceptional potential and location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,360.43/mo

Includes CMHC insurance ($23,712)

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5-yr fixed avg.

Principal: $764,910Interest: $519,506
Mortgage Amount$788,622
Total Interest$519,506
Est. Property Tax$602/mo
Total Cost$1,308,128

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: Westdale

Discover Westdale

Westdale 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 Westdale

  • 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

Westdale 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

1 Norwood Road, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
4.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$602
Insurance (est.)-$177
Net Cash Flow+$3,221

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 $567/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.

About Westdale

I know Westdale well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    1 Norwood Road, Hamilton | $849,900 | Battaglia Team