274 East 38th Street, Hamilton

Price: $659,000

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13596382

Welcome Home. Beautifully updated and move-in ready, this charming 1 1/2 -storey home offers the perfect blend of character and modern convenience. From the moment you arrive, you'll appreciate the freshly paved driveway, detached garage, and inviting curb appeal. Inside, the bright open-concept main floor creates a warm, welcoming space that's perfect for everyday living and entertaining. The updated kitchen features an abundance of custom cabinetry and exceptional storage rarely found in homes of this era. With 3 bedrooms, 2 full bathrooms, a finished basement, and a detached garage, there's room for growing families, guests, hobbies, or a home office. 1000 sq.ft. 1500 sq.ft. with basement included. lot size 45 ft. x92 ft. Step outside to enjoy the private backyard, offering space to relax, entertain, or make it your own. Aboveground pool 16' diameter 48" deep. Major updates provide peace of mind, including a newer house roof (2023), steel garage roof (2018), updated kitchen and bathrooms, finished basement, and more. Conveniently located on Hamilton Mountain, close to schools, parks, shopping, transit, and within minutes to highway access. This is a home that's been thoughtfully updated, lovingly maintained, and is ready for its next chapter. *For Additional Property Details Click The Brochure Icon Below* *Note: Photos have been virtually staged/enhanced to show the possible decor.

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$659,000 - 274 East 38th Street, Hamilton

Detached for Sale in Hamilton

32 days on market

Neighbourhood: Raleigh

3Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13596382
Property Type
Detached
Status
active
Days on Site
32
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Hamilton
Listing Brokerage
ICI SOURCE REAL ASSET SERVICES INC.
Description

Welcome Home. Beautifully updated and move-in ready, this charming 1 1/2 -storey home offers the perfect blend of character and modern convenience. From the moment you arrive, you'll appreciate the freshly paved driveway, detached garage, and inviting curb appeal. Inside, the bright open-concept main floor creates a warm, welcoming space that's perfect for everyday living and entertaining. The updated kitchen features an abundance of custom cabinetry and exceptional storage rarely found in homes of this era. With 3 bedrooms, 2 full bathrooms, a finished basement, and a detached garage, there's room for growing families, guests, hobbies, or a home office. 1000 sq.ft. 1500 sq.ft. with basement included. lot size 45 ft. x92 ft. Step outside to enjoy the private backyard, offering space to relax, entertain, or make it your own. Aboveground pool 16' diameter 48" deep. Major updates provide peace of mind, including a newer house roof (2023), steel garage roof (2018), updated kitchen and bathrooms, finished basement, and more. Conveniently located on Hamilton Mountain, close to schools, parks, shopping, transit, and within minutes to highway access. This is a home that's been thoughtfully updated, lovingly maintained, and is ready for its next chapter. *For Additional Property Details Click The Brochure Icon Below* *Note: Photos have been virtually staged/enhanced to show the possible decor.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,381.01/mo

Includes CMHC insurance ($18,386)

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5-yr fixed avg.

Principal: $593,100Interest: $402,817
Mortgage Amount$611,486
Total Interest$402,817
Est. Property Tax$467/mo
Total Cost$1,014,303

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: Raleigh

Discover Raleigh

Raleigh 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 Raleigh

  • 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

Raleigh 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

274 East 38th Street, 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)
4.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$467
Insurance (est.)-$137
Net Cash Flow+$2,196

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 $941/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 32 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 Raleigh

I know Raleigh 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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    274 East 38th Street, Hamilton | $659,000 | Battaglia Team