249 Federal Street Unit LOWER, Hamilton

Price: $1,899

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13466412

Amazing Stoney Creek location in a family friendly neighbourhood. Within close proximity to all amenities including parks,schools, shopping and bus routes. Spacious two bedroom basement apartment with a private side entrance. Large eat-in kitchen measuring 21' X 13'10". Spacious Living Room with gas fireplace and walk-up into the garage (used for storage but no access for parking). Large rear yard to be shared with the main floor tenant. Tenants are responsible for 50% of utilities (gas,electricity, water, water heater). Double driveway to be shared with the main floor Tenant (one parking spot included). All Tenants are to provide Full Equifax or Trans Union Credit Reports, rental application, Employment & reference letters, income verification,and bank statements if needed.

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$1,899/mo - 249 Federal Street Unit LOWER, Hamilton

Detached for Rent in Hamilton

Neighbourhood: Stoney Creek

2Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13466412
Property Type
Detached
Status
active
Days on Site
17
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Hamilton
Listing Brokerage
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Description

Amazing Stoney Creek location in a family friendly neighbourhood. Within close proximity to all amenities including parks,schools, shopping and bus routes. Spacious two bedroom basement apartment with a private side entrance. Large eat-in kitchen measuring 21' X 13'10". Spacious Living Room with gas fireplace and walk-up into the garage (used for storage but no access for parking). Large rear yard to be shared with the main floor tenant. Tenants are responsible for 50% of utilities (gas,electricity, water, water heater). Double driveway to be shared with the main floor Tenant (one parking spot included). All Tenants are to provide Full Equifax or Trans Union Credit Reports, rental application, Employment & reference letters, income verification,and bank statements if needed.

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

249 Federal Street Unit LOWER, Hamilton

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Rental Market Analysis

How this lease stacks up against the local rental market

Asking Rent
$1,899/mo
↓ Below typical 2-bed market rent
Annual Rent Cost
$22,788
12 × monthly rent

Estimated Monthly Budget

Asking Rent$1,899/mo
Utilities (est.)~$130/mo
Est. Total Monthly Cost~$2,029/mo

Things to Confirm Before Signing

· Are utilities included, or separate?

· How many parking spots are included?

· Is the landlord open to a 1-year or 2-year lease?

· Are pets and small renovations (paint, hooks) allowed?

· When was the last rent increase, if there is a prior tenant?

Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.

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 Rent

At $1,899/mo, this is priced below the typical 2-bedroom rent of ~$2,900/mo in Hamilton. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.

Market Position

At 17 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.

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.

Lease Terms to Negotiate

Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.

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    249 Federal Street Unit LOWER, Hamilton | $1,899 | Battaglia Team