16 Albemarle Street, Hamilton

Price: $430,000

3 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13545684

Welcome to 16 Albemarle St, tucked away on a quiet dead-end street in Hamilton's Crown Point North neighbourhood. Step inside to find 3 comfortable bedrooms, a spacious living area, and an oversized kitchen with plenty of cabinetry - perfect for family dinners, weekend baking, or catching up over coffee. Out back, you'll discover a huge fully fenced yard with endless possibilities for kids, pets, gardening, or simply enjoying a summer evening. Spend weekends exploring nearby Gage Park, cheer on the Tiger-Cats and enjoy the convenience of schools, transit, and everyday amenities all just minutes away. With major updates already completed, including the roof (approximately 7 years), soffits and fascia (5 years), many upgraded windows, and a furnace and air conditioner approximately 10 years old, this home offers peace of mind while leaving plenty of opportunity to make it your own. 16 Albemarle is ready to welcome its next chapter.

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$430,000 - 16 Albemarle Street, Hamilton

Detached for Sale in Hamilton

45 days on market

Neighbourhood: Industrial Sector

3Beds
1Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13545684
Property Type
Detached
Status
active
Days on Site
45
Bedrooms
3
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
KELLER WILLIAMS COMPLETE REALTY
Description

Welcome to 16 Albemarle St, tucked away on a quiet dead-end street in Hamilton's Crown Point North neighbourhood. Step inside to find 3 comfortable bedrooms, a spacious living area, and an oversized kitchen with plenty of cabinetry - perfect for family dinners, weekend baking, or catching up over coffee. Out back, you'll discover a huge fully fenced yard with endless possibilities for kids, pets, gardening, or simply enjoying a summer evening. Spend weekends exploring nearby Gage Park, cheer on the Tiger-Cats and enjoy the convenience of schools, transit, and everyday amenities all just minutes away. With major updates already completed, including the roof (approximately 7 years), soffits and fascia (5 years), many upgraded windows, and a furnace and air conditioner approximately 10 years old, this home offers peace of mind while leaving plenty of opportunity to make it your own. 16 Albemarle is ready to welcome its next chapter.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,206.12/mo

Includes CMHC insurance ($11,997)

$
$
5%10%50%

5-yr fixed avg.

Principal: $387,000Interest: $262,840
Mortgage Amount$398,997
Total Interest$262,840
Est. Property Tax$305/mo
Total Cost$661,837

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: Industrial Sector

Discover Industrial Sector

Industrial Sector 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 Industrial Sector

  • 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

Industrial Sector 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

16 Albemarle Street, 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)
6.7%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$305
Insurance (est.)-$90
Net Cash Flow+$2,405

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 $391/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 45 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.

About Industrial Sector

I know Industrial Sector 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.

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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    16 Albemarle Street, Hamilton | $430,000 | Battaglia Team