147 Federal Street, Hamilton

Price: $1,099,900

5 bedrooms, 5 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: X13515750

LOCATION, LOCATION, LOCATION!! This almost 4500 Sq Ft home offers plenty of space for the growing family in a 10+ family friendly neighbourhood close to ALL conveniences. Prepare to be wowed by the spacious floor plan this home offers. The Living room with plenty of natural light is a great place to sit an unwind with family. The Eat-In Kitchen is sure to impress with stone counters, stainless appliances, large island with extra seating, modern backsplash and plenty of counter prep space and storage. The formal dining room offers more space for larger family meals. There is a bonus Family Room perfect for family games and move nights and an office space tucked away for a perfect place to be available but away from the hustle. This floor is complete with the convenience of a 3 pce bath. Upstairs is a dream layout with 4 spacious bedrooms all with ensuite or ensuite privilege. The master retreat offers plenty of space to relax and offers a 5 pce ensuite. There are also 2 others 4 pce baths to complete this level. The basement offers even more space for older children still at home or the in-laws with large living room area, modern Eat-in Kitchen with plenty of space, additional bedroom and a 3 pce bath. There is also plenty of storage and a cold room. The backyard with large concrete patio and fully fenced yard awaits your oasis dreams. This is the home you have been looking for and it is even minutes to the BEACH!!!

147 Federal Street - Detached photo 1 of 25 in Hamilton, Ontario
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active
New Listing
1/25

$1,099,900 - 147 Federal Street, Hamilton

Detached for Sale in Hamilton

New — Listed 4 days ago

Neighbourhood: Riverdale

5Beds
5Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
X13515750
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
5
Bathrooms
5
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

LOCATION, LOCATION, LOCATION!! This almost 4500 Sq Ft home offers plenty of space for the growing family in a 10+ family friendly neighbourhood close to ALL conveniences. Prepare to be wowed by the spacious floor plan this home offers. The Living room with plenty of natural light is a great place to sit an unwind with family. The Eat-In Kitchen is sure to impress with stone counters, stainless appliances, large island with extra seating, modern backsplash and plenty of counter prep space and storage. The formal dining room offers more space for larger family meals. There is a bonus Family Room perfect for family games and move nights and an office space tucked away for a perfect place to be available but away from the hustle. This floor is complete with the convenience of a 3 pce bath. Upstairs is a dream layout with 4 spacious bedrooms all with ensuite or ensuite privilege. The master retreat offers plenty of space to relax and offers a 5 pce ensuite. There are also 2 others 4 pce baths to complete this level. The basement offers even more space for older children still at home or the in-laws with large living room area, modern Eat-in Kitchen with plenty of space, additional bedroom and a 3 pce bath. There is also plenty of storage and a cold room. The backyard with large concrete patio and fully fenced yard awaits your oasis dreams. This is the home you have been looking for and it is even minutes to the BEACH!!!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,865.23/mo

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5%20%50%

5-yr fixed avg.

Principal: $879,920Interest: $579,649
Mortgage Amount$879,920
Total Interest$579,649
Est. Property Tax$779/mo
Total Cost$1,459,569

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: Riverdale

Discover Riverdale

Riverdale 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 Riverdale

  • 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

Riverdale 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

147 Federal Street, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,200/mo
Range: $3,570 - $4,830
Cap Rate (ROI)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,200
Maintenance Fees-$0
Property Tax (est.)-$779
Insurance (est.)-$229
Net Cash Flow+$3,192

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 $367/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.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 5 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 5 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.

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    147 Federal Street, Hamilton | $1,099,900 | Battaglia Team