277 Main Street, Hamilton

Price: $509,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Townhouse

MLS#: X13134848

Prime opportunity in the heart of Kirkendall! This C5 mixed-use property at 277 Main St W. Offers exceptional potential for business owners and investors alike. Featuring versatile zoning that accommodates both commercial and residential use, this property is ideal for creating office space, retail storefronts, or modern living units. Perfect for first-time home buyers seeking a home with income potential, or investors looking for a high-visibility, multi-purpose location. Discover how beautifully updated this freehold townhome is including a chef-inspired kitchen with a large island, open-concept living and dining areas, and a private courtyard-style backyard. Located steps from Locke Street and Hess Village, this home or potential business offers easy access to trendy shops, restaurants, and public transit, making it ideal for investors, business owners, young professionals and first-time homebuyers. Recent updates provide peace of mind and added value, including a durable new metal roof, premium Magic Windows, and Leaf Guard protection for low-maintenance living. Plenty of street parking available nearby for residents, clients and guests. Don't miss this rare chance!

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$509,000 - 277 Main Street, Hamilton

Townhouse for Sale in Hamilton

52 days on market

Neighbourhood: Kirkendall

2Beds
1Baths
700 - 1,099Sq Ft
Townhouse
Property Details
MLS Number
X13134848
Property Type
Townhouse
Status
active
Days on Site
52
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Hamilton
Listing Brokerage
RE/MAX ESCARPMENT GOLFI REALTY INC.
Description

Prime opportunity in the heart of Kirkendall! This C5 mixed-use property at 277 Main St W. Offers exceptional potential for business owners and investors alike. Featuring versatile zoning that accommodates both commercial and residential use, this property is ideal for creating office space, retail storefronts, or modern living units. Perfect for first-time home buyers seeking a home with income potential, or investors looking for a high-visibility, multi-purpose location. Discover how beautifully updated this freehold townhome is including a chef-inspired kitchen with a large island, open-concept living and dining areas, and a private courtyard-style backyard. Located steps from Locke Street and Hess Village, this home or potential business offers easy access to trendy shops, restaurants, and public transit, making it ideal for investors, business owners, young professionals and first-time homebuyers. Recent updates provide peace of mind and added value, including a durable new metal roof, premium Magic Windows, and Leaf Guard protection for low-maintenance living. Plenty of street parking available nearby for residents, clients and guests. Don't miss this rare chance!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,611.43/mo

Includes CMHC insurance ($14,201)

$
$
5%10%50%

5-yr fixed avg.

Principal: $458,100Interest: $311,129
Mortgage Amount$472,301
Total Interest$311,129
Est. Property Tax$361/mo
Total Cost$783,430

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: Kirkendall

Discover Kirkendall

Kirkendall 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 Kirkendall

  • 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

Kirkendall 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

277 Main Street, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
4.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$0
Property Tax (est.)-$361
Insurance (est.)-$106
Net Cash Flow+$1,733

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 $727/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.

Negotiation Opportunity

At 52 days on site, this property has exceeded the typical selling timeline for Hamilton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Hamilton have shown strong appreciation as families seek more space.

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 Kirkendall

I know Kirkendall 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.

Investment Perspective

Looking at this as an investment: Hamilton properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,121 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    277 Main Street, Hamilton | $509,000 | Battaglia Team