$795,000 - 297 Mohawk Road, Hamilton
Detached for Sale in Hamilton
40 days on marketNeighbourhood: Rolston
- MLS Number
- X13563488
- Property Type
- Detached
- Status
- active
- Days on Site
- 40
- Bedrooms
- 7
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- RE/MAX ESCARPMENT GOLFI REALTY INC.
EXCEPTIONAL INCOME GENERATING OPPORTUNITY in prime Central Mountain location steps to Mohawk College & St. Joseph's Healthcare. A TURNKEY INVESTMENT W/ OUTSTANDING CASH FLOW! This renovated brick bungalow w/ separate side entrance is an ideal addition to any investment portfolio or smart option for buyers looking to offset their mortgage by living upstairs & renting the lower level. Featuring 7 bdrms, 3 baths, 2 kitchens & 2 laundries, flexible layout offers excellent rental& multi- generational living potential. Updated main level (2022) w/ laminate flooring, kitchen w/ quartz counters, breakfast island & SS appliances, spacious living/dining area, 3 bdrms & updated 3pc bath. Lower level offers 4 bdrms, 2 baths, large eat-in kitchen & laundry, making it ideal for tenants. Additional features include a garage w/ inside entry, fenced yard w/ gazebo, patio & shed, plus parking for 6+ cars on double drive. Located close to shopping, schools, restaurants, transit & highway access.
Estimate your monthly payments for this property
Estimated Payment
$4,078.76/mo
Includes CMHC insurance ($22,181)
5-yr fixed avg.
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.
Discover Rolston
Rolston 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 Rolston
- •Convenient location in Hamilton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
Rolston 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.
297 Mohawk Road, Hamilton
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $723/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 40 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.
Excellent Flexibility
With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Hamilton.
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 Rolston
I know Rolston 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.