22 Blake Street, Hamilton

Price: $999,900

5 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: X13702812

An exceptional and rare opportunity substantial, fully legal 5-plex that seamlessly balances turn-of-the-century craftsmanship with extensive modern infrastructure updates. Ideally suited for multi-generational families, savvy investors, or primary homeowners seeking mortgage-offsetting rental income, this property offers unparalleled flexibility. The rich interior showcases preserved period details, starting in the foyer with a custom deacon's bench and an impressive bevelled glass wall and door system. The main floor features two sets of solid oak pocket doors, a grand bay window, decorative oak cross beams with a fully rewired original light fixture, a classic marble and ornamental oak fireplace, and the original tall oak swing door leading to the kitchen. Upward, the stairwell landing is anchored by a breathtaking grand stained-glass bay window with a built-in oak bench, leading to a second floor complemented by an electric brass neoclassical fireplace. Beyond its magnificent architectural charm, the property has undergone rigorous capital improvements to ensure long-term efficiency and peace of mind. Critical mechanical enhancements include a brand-new boiler/furnace system (2024), complete professional basement asbestos abatement (2026), vinyl replacement windows (c. 2013), and an updated roof (c. 2009). The comprehensive 2013 electrical overhaul features six separate meters-allowing individual utility billing across the five distinct residential units alongside a dedicated common-area meter. Additional property updates include a modernized second-floor shower (2023), a replacement laundry dryer (2025), and on-site security camera hardware (2024, included as-is). Properties offering this caliber of preserved heritage, fully verified legal status, and extensive structural updating rarely come to market.

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active
New Listing
1/50

$999,900 - 22 Blake Street, Hamilton

Detached for Sale in Hamilton

New — Listed 2 days ago

Neighbourhood: Blakeley

5Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
X13702812
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
5
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Hamilton
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

An exceptional and rare opportunity substantial, fully legal 5-plex that seamlessly balances turn-of-the-century craftsmanship with extensive modern infrastructure updates. Ideally suited for multi-generational families, savvy investors, or primary homeowners seeking mortgage-offsetting rental income, this property offers unparalleled flexibility. The rich interior showcases preserved period details, starting in the foyer with a custom deacon's bench and an impressive bevelled glass wall and door system. The main floor features two sets of solid oak pocket doors, a grand bay window, decorative oak cross beams with a fully rewired original light fixture, a classic marble and ornamental oak fireplace, and the original tall oak swing door leading to the kitchen. Upward, the stairwell landing is anchored by a breathtaking grand stained-glass bay window with a built-in oak bench, leading to a second floor complemented by an electric brass neoclassical fireplace. Beyond its magnificent architectural charm, the property has undergone rigorous capital improvements to ensure long-term efficiency and peace of mind. Critical mechanical enhancements include a brand-new boiler/furnace system (2024), complete professional basement asbestos abatement (2026), vinyl replacement windows (c. 2013), and an updated roof (c. 2009). The comprehensive 2013 electrical overhaul features six separate meters-allowing individual utility billing across the five distinct residential units alongside a dedicated common-area meter. Additional property updates include a modernized second-floor shower (2023), a replacement laundry dryer (2025), and on-site security camera hardware (2024, included as-is). Properties offering this caliber of preserved heritage, fully verified legal status, and extensive structural updating rarely come to market.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,130.01/mo

Includes CMHC insurance ($27,897)

$
$
5%10%50%

5-yr fixed avg.

Principal: $899,910Interest: $611,194
Mortgage Amount$927,807
Total Interest$611,194
Est. Property Tax$708/mo
Total Cost$1,539,002

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: Blakeley

Discover Blakeley

Blakeley 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 Blakeley

  • 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

Blakeley 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

22 Blake Street, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$3,034

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 $400/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.

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 4 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 Blakeley

I know Blakeley 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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    22 Blake Street, Hamilton | $999,900 | Battaglia Team