127 Fairey Crescent, Hamilton

Price: $779,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13249328

OFFERS ANYTIME! Introducing a fresh opportunity in a desirable Mount Hope neighborhood! This detached 2 storey home, built by Cachet Homes offers 1823 sq. ft., 3 beds, 2.5 baths. This open-concept main floor welcomes you with 9ft ceilings, engineered hardwood flooring, an abundance of natural light & a walk-out to an extra-large back yard, enough space for entertainment and space large shed. Head up the wide staircase to 3 spacious bedrooms (all bedrooms with large closets), along with 2 full baths & convenient 2nd floor laundry. The master is complete with a 3pc ensuite featuring a glass shower & a 2 large walk-in closets. Upgraded Kitchen with quartz countertop, back splash, center island and Stainless-Steel appliances. Central air conditioner. Unfinished basement with rough-in washroom, humidifier. Sump pump in basement. Walk over to Hamilton International Airport, 15 mins to Mohawk College& 20 mins to McMaster University. Easy access to GO Transit, highways, parks, and schools. This home combines style, comfort & affordability into one impressive package - perfect for families, professionals or investors alike.

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$779,000 - 127 Fairey Crescent, Hamilton

Detached for Sale in Hamilton

Neighbourhood: Mount Hope

3Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13249328
Property Type
Detached
Status
active
Days on Site
29
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Hamilton
Listing Brokerage
HOMELIFE G1 REALTY INC.
Description

OFFERS ANYTIME! Introducing a fresh opportunity in a desirable Mount Hope neighborhood! This detached 2 storey home, built by Cachet Homes offers 1823 sq. ft., 3 beds, 2.5 baths. This open-concept main floor welcomes you with 9ft ceilings, engineered hardwood flooring, an abundance of natural light & a walk-out to an extra-large back yard, enough space for entertainment and space large shed. Head up the wide staircase to 3 spacious bedrooms (all bedrooms with large closets), along with 2 full baths & convenient 2nd floor laundry. The master is complete with a 3pc ensuite featuring a glass shower & a 2 large walk-in closets. Upgraded Kitchen with quartz countertop, back splash, center island and Stainless-Steel appliances. Central air conditioner. Unfinished basement with rough-in washroom, humidifier. Sump pump in basement. Walk over to Hamilton International Airport, 15 mins to Mohawk College& 20 mins to McMaster University. Easy access to GO Transit, highways, parks, and schools. This home combines style, comfort & affordability into one impressive package - perfect for families, professionals or investors alike.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,996.67/mo

Includes CMHC insurance ($21,734)

$
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5%10%50%

5-yr fixed avg.

Principal: $701,100Interest: $476,168
Mortgage Amount$722,834
Total Interest$476,168
Est. Property Tax$552/mo
Total Cost$1,199,002

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: Mount Hope

Discover Mount Hope

Mount Hope 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 Mount Hope

  • 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

Mount Hope 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

127 Fairey Crescent, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$552
Insurance (est.)-$162
Net Cash Flow+$2,086

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 $519/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 29 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.

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 Mount Hope

I know Mount Hope 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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    127 Fairey Crescent, Hamilton | $779,000 | Battaglia Team