242 Balmoral Avenue, Hamilton

Price: $488,888

4 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13498038

Charming & Fully Renovated Century Home in Prime Crown Point with 2 parking spaces! Welcome tothis beautifully restored 2.5-story century home in Hamilton's vibrant Crown Pointneighborhood! Thoughtfully updated in 2022-2023 with over $150,000 in upgrades, this move-inready home blends historic character with modern convenience. Step inside to a stunningbrand-new white kitchen featuring stainless steelappliances and updated cabinetry. The home has been completely rewired with a new electricalpanel, new plumbing, and a new furnace & central A/C, ensuring efficiency and comfortyear-round. The main floor boasts a new 2-piece bath, while every bathroom has been tastefullyrenovated. Additional upgrades include new flooring, windows, doors, and shingles. A separateside entrance adds flexibility and the fully fenced backyard with a rear deck offers theperfect space for relaxing or entertaining. Just two blocks west of Ottawa Street, this home iswithin walking distance of boutiques, trendy restaurants, Centre Mall, and Gage Park.Conveniently located just 5 minutes from Red Hill Valley Parkway and QEW, commuting is abreeze. Whether you're a homeowner or investor, this fully upgraded home is a rare find in asought-after neighborhood. Don't miss out-schedule your private showing today. Home iscurrently tenanted A+++ tenants! Offer date July 7, 2026

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$488,888 - 242 Balmoral Avenue, Hamilton

Detached for Sale in Hamilton

Popular Listing

Neighbourhood: Crown Point

4Beds
3Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13498038
Property Type
Detached
Status
active
Days on Site
10
Bedrooms
4
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
CENTURY 21 MILLENNIUM INC.
Description

Charming & Fully Renovated Century Home in Prime Crown Point with 2 parking spaces! Welcome tothis beautifully restored 2.5-story century home in Hamilton's vibrant Crown Pointneighborhood! Thoughtfully updated in 2022-2023 with over $150,000 in upgrades, this move-inready home blends historic character with modern convenience. Step inside to a stunningbrand-new white kitchen featuring stainless steelappliances and updated cabinetry. The home has been completely rewired with a new electricalpanel, new plumbing, and a new furnace & central A/C, ensuring efficiency and comfortyear-round. The main floor boasts a new 2-piece bath, while every bathroom has been tastefullyrenovated. Additional upgrades include new flooring, windows, doors, and shingles. A separateside entrance adds flexibility and the fully fenced backyard with a rear deck offers theperfect space for relaxing or entertaining. Just two blocks west of Ottawa Street, this home iswithin walking distance of boutiques, trendy restaurants, Centre Mall, and Gage Park.Conveniently located just 5 minutes from Red Hill Valley Parkway and QEW, commuting is abreeze. Whether you're a homeowner or investor, this fully upgraded home is a rare find in asought-after neighborhood. Don't miss out-schedule your private showing today. Home iscurrently tenanted A+++ tenants! Offer date July 7, 2026

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,508.25/mo

Includes CMHC insurance ($13,640)

$
$
5%10%50%

5-yr fixed avg.

Principal: $439,999Interest: $298,835
Mortgage Amount$453,639
Total Interest$298,835
Est. Property Tax$346/mo
Total Cost$752,474

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: Crown Point

Discover Crown Point

Crown Point 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 Crown Point

  • 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

Crown Point 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

242 Balmoral Avenue, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
6.8%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$346
Insurance (est.)-$102
Net Cash Flow+$2,752

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 $444/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.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Hamilton. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 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 Crown Point

I know Crown Point 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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    242 Balmoral Avenue, Hamilton | $488,888 | Battaglia Team