191 Margaret Avenue, Hamilton

Price: $599,900

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13550062

Beautifully Renovated 3-Bedroom Home on an Oversized Lot with Heated Detached GarageWelcome to this beautifully updated 3-bedroom, 2-bathroom home situated on an impressive 50 x 220 ft lot, offering exceptional outdoor space, privacy, and endless possibilities. Whether you're a first-time home buyer, growing family, downsizer, or investor, this move-in-ready property is sure to impress.The main floor features a bright and inviting living and dining area that has been tastefully renovated with modern finishes, creating a warm and functional space for everyday living and entertaining. The recently upgraded kitchen boasts contemporary cabinetry, updated countertops, and ample workspace, making it the perfect place to prepare family meals.The main bathroom has also been beautifully renovated with stylish fixtures and finishes, providing a fresh, modern feel. Three well-sized bedrooms offer comfortable accommodations for the entire family, while the second bathroom adds convenience for busy households.One of the standout features of this property is the oversized, heated 2-car detached garage complete with hydro, making it ideal for car enthusiasts, hobbyists, contractors, or anyone looking for additional workshop or storage space.The expansive backyard offers incredible potential for outdoor entertaining, gardening, children's play area, or future enhancements. With a generous 220-foot depth, there's plenty of room to enjoy your own private outdoor retreat.Conveniently located close to schools, parks, shopping, public transit, major highways, and all essential amenities, this home combines modern updates with outstanding lot size and functionality. A fantastic opportunity to own a beautifully renovated property in a desirable Hamilton neighbourhood.

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$599,900 - 191 Margaret Avenue, Hamilton

Detached for Sale in Hamilton

44 days on market

Neighbourhood: Stoney Creek

3Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13550062
Property Type
Detached
Status
active
Days on Site
44
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Hamilton
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

Beautifully Renovated 3-Bedroom Home on an Oversized Lot with Heated Detached GarageWelcome to this beautifully updated 3-bedroom, 2-bathroom home situated on an impressive 50 x 220 ft lot, offering exceptional outdoor space, privacy, and endless possibilities. Whether you're a first-time home buyer, growing family, downsizer, or investor, this move-in-ready property is sure to impress.The main floor features a bright and inviting living and dining area that has been tastefully renovated with modern finishes, creating a warm and functional space for everyday living and entertaining. The recently upgraded kitchen boasts contemporary cabinetry, updated countertops, and ample workspace, making it the perfect place to prepare family meals.The main bathroom has also been beautifully renovated with stylish fixtures and finishes, providing a fresh, modern feel. Three well-sized bedrooms offer comfortable accommodations for the entire family, while the second bathroom adds convenience for busy households.One of the standout features of this property is the oversized, heated 2-car detached garage complete with hydro, making it ideal for car enthusiasts, hobbyists, contractors, or anyone looking for additional workshop or storage space.The expansive backyard offers incredible potential for outdoor entertaining, gardening, children's play area, or future enhancements. With a generous 220-foot depth, there's plenty of room to enjoy your own private outdoor retreat.Conveniently located close to schools, parks, shopping, public transit, major highways, and all essential amenities, this home combines modern updates with outstanding lot size and functionality. A fantastic opportunity to own a beautifully renovated property in a desirable Hamilton neighbourhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,077.80/mo

Includes CMHC insurance ($16,737)

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5-yr fixed avg.

Principal: $539,910Interest: $366,692
Mortgage Amount$556,647
Total Interest$366,692
Est. Property Tax$425/mo
Total Cost$923,339

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: Stoney Creek

Discover Stoney Creek

Stoney Creek 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 Stoney Creek

  • 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

Stoney Creek 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

191 Margaret Avenue, 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)
4.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$425
Insurance (est.)-$125
Net Cash Flow+$2,250

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

Fair Market Value

At $857/sqft, this property is priced in line with current Hamilton market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 44 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 Stoney Creek

I know Stoney Creek 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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    191 Margaret Avenue, Hamilton | $599,900 | Battaglia Team