$859,900 - 127 Peter Street, Hamilton
Detached for Sale in Hamilton
New — Listed 4 days agoNeighbourhood: Strathcona
- MLS Number
- X13690396
- Property Type
- Detached
- Status
- active
- Days on Site
- 4
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- AGENTONDUTY INC.
Stunning home in desirable Strathcona neighbourhood - steps to Victoria Park and a short walk to Hamilton's best shops and cafes on Locke St & James St. North. Cycle to Bayfront Park or Cootes Paradise, with easy access to Hwy 403 and walking distance to Dundurn Castle and West Harbour GO Station. Built in 1880, this two-storey Victorian sits on a deep, landscaped lot and has been thoughtfully updated throughout. It features three bedrooms and two full bathrooms. The main floor offers an open concept living and dining room with high ceilings, original 1880 architectural ornaments, updated natural oak hardwood flooring, and a gas fireplace, along with a custom front door and transom crafted by local artisans. The custom large eat-in kitchen was updated in 2020 & features quartz counters, plenty of cupboards with lots of lighting, newer appliances & a walk out to the backyard The second floor features three bedrooms, including a large primary with vaulted ceilings and skylight, plus a 4-piece bathroom, also with vaulted ceilings and skylight. The fully finished basement adds a second 3 PC bath, dedicated laundry, and a versatile Rec room space plus office or flex space with built in TV cabinetry and closets providing plenty of storage. This home sits on a deep terraced lot with paved seating area, lots of grass & mature trees and features a garden suite with electricity suited to a home office, gym, or studio, plus a separate shed, and rare 3-car parking for the area. Recent upgrades include exterior painting (2021), all new windows (2023), a new tankless water heater (2022), and upgraded attic insulation (2023). This home was also featured on the Homes in Hamilton Instagram page with 11.5 million views and 450K likes.
Estimate your monthly payments for this property
Estimated Payment
$4,411.73/mo
Includes CMHC insurance ($23,991)
5-yr fixed avg.
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.
Discover Strathcona
Strathcona 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 Strathcona
- •Convenient location in Hamilton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
Strathcona 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.
127 Peter Street, Hamilton
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $782/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.
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.
About Strathcona
I know Strathcona 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.
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 $3,583 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.