220 Paling Avenue, Hamilton

Price: $529,999

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13557842

Move-in ready 3-bedroom bungalow in a convenient East Hamilton location! This well-maintained home features an open-concept living and dining area, an updated bathroom, a renovated eat-in kitchen, and 3 spacious bedrooms. The finished, waterproofed basement provides additional living space, perfect for a family room, home office, gym, or playroom. Rear parking for two vehicles adds everyday convenience. Located in a family-friendly neighbourhood close to parks, schools, shopping, public transit, and easy access to the Red Hill Valley Parkway and QEW, making commuting a breeze. A fantastic opportunity for first-time buyers, downsizers, or investors-just move in and enjoy!

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$529,999 - 220 Paling Avenue, Hamilton

Detached for Sale in Hamilton

41 days on market

Neighbourhood: Homeside

3Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13557842
Property Type
Detached
Status
active
Days on Site
41
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Hamilton
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

Move-in ready 3-bedroom bungalow in a convenient East Hamilton location! This well-maintained home features an open-concept living and dining area, an updated bathroom, a renovated eat-in kitchen, and 3 spacious bedrooms. The finished, waterproofed basement provides additional living space, perfect for a family room, home office, gym, or playroom. Rear parking for two vehicles adds everyday convenience. Located in a family-friendly neighbourhood close to parks, schools, shopping, public transit, and easy access to the Red Hill Valley Parkway and QEW, making commuting a breeze. A fantastic opportunity for first-time buyers, downsizers, or investors-just move in and enjoy!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,719.17/mo

Includes CMHC insurance ($14,787)

$
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5%10%50%

5-yr fixed avg.

Principal: $476,999Interest: $323,965
Mortgage Amount$491,786
Total Interest$323,965
Est. Property Tax$375/mo
Total Cost$815,751

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: Homeside

Discover Homeside

Homeside 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 Homeside

  • 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

Homeside 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

220 Paling 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)
5.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$375
Insurance (est.)-$110
Net Cash Flow+$2,315

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 $757/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 41 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 Homeside

I know Homeside 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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    220 Paling Avenue, Hamilton | $529,999 | Battaglia Team