31 Dorothy Street, Hamilton

Price: $769,900

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13596720

31 Dorothy Street, Hamilton, Ontario A well-cared-for home, move-in ready with room to live, grow and enjoy.31 Dorothy Street is a comfortable, thoughtfully maintained home in the family-friendly Balfour neighbourhood of Centremount. Close to shopping, groceries and Lime Ridge Mall, with an elementary school nearby and easy highway access. This home has been cared for and always upgraded over the years. The generous front entry makes everyday coming and going easy, while the living and dining rooms offer warmth and character with refinished hardwood floors, grass-cloth wallpaper and updated lighting. Two bedrooms are on the main floor, including a cozy primary with bedside sconces, additional outlets and a ceiling fan. The spacious kitchen features freshly painted cabinetry, quartz countertops and backsplash, adjustable under-cabinet lighting, updated plumbing, sink and faucet, USB charging outlets, an induction cooktop and dishwasher. The lower level offers flexibility with a separate entrance, two additional bedrooms, a family room, three-piece bathroom and generous storage - ideal for family, guests, a home office, hobbies or simply more room to spread out. Outside, established perennial gardens bring colour from spring through fall. The generous yard offers space for children and pets, gardening and entertaining, while the large concrete pad is ready for a future pergola or outdoor kitchen. Two sheds provide additional storage, including one with electricity. A unique standout feature is the Michael Phelps Swim Spa - a pool in summer and a hot tub in winter, making the backyard enjoyable year-round. The home also offers 200-amp electrical service, tankless hot water, furnace, humidifier and central air conditioning, plus a four-car driveway and potential for EV charging. Waterproofing was completed by a previous owner and a sump pump is in place. Come enjoy the home, gardens and backyard. You may find it easy to envision your life here.

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$769,900 - 31 Dorothy Street, Hamilton

Detached for Sale in Hamilton

31 days on market

Neighbourhood: Balfour

4Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13596720
Property Type
Detached
Status
active
Days on Site
31
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Hamilton
Listing Brokerage
RIGHT AT HOME REALTY
Description

31 Dorothy Street, Hamilton, Ontario A well-cared-for home, move-in ready with room to live, grow and enjoy.31 Dorothy Street is a comfortable, thoughtfully maintained home in the family-friendly Balfour neighbourhood of Centremount. Close to shopping, groceries and Lime Ridge Mall, with an elementary school nearby and easy highway access. This home has been cared for and always upgraded over the years. The generous front entry makes everyday coming and going easy, while the living and dining rooms offer warmth and character with refinished hardwood floors, grass-cloth wallpaper and updated lighting. Two bedrooms are on the main floor, including a cozy primary with bedside sconces, additional outlets and a ceiling fan. The spacious kitchen features freshly painted cabinetry, quartz countertops and backsplash, adjustable under-cabinet lighting, updated plumbing, sink and faucet, USB charging outlets, an induction cooktop and dishwasher. The lower level offers flexibility with a separate entrance, two additional bedrooms, a family room, three-piece bathroom and generous storage - ideal for family, guests, a home office, hobbies or simply more room to spread out. Outside, established perennial gardens bring colour from spring through fall. The generous yard offers space for children and pets, gardening and entertaining, while the large concrete pad is ready for a future pergola or outdoor kitchen. Two sheds provide additional storage, including one with electricity. A unique standout feature is the Michael Phelps Swim Spa - a pool in summer and a hot tub in winter, making the backyard enjoyable year-round. The home also offers 200-amp electrical service, tankless hot water, furnace, humidifier and central air conditioning, plus a four-car driveway and potential for EV charging. Waterproofing was completed by a previous owner and a sump pump is in place. Come enjoy the home, gardens and backyard. You may find it easy to envision your life here.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,949.99/mo

Includes CMHC insurance ($21,480)

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5-yr fixed avg.

Principal: $692,910Interest: $470,606
Mortgage Amount$714,390
Total Interest$470,606
Est. Property Tax$545/mo
Total Cost$1,184,996

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: Balfour

Discover Balfour

Balfour 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 Balfour

  • 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

Balfour 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

31 Dorothy Street, 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)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$545
Insurance (est.)-$160
Net Cash Flow+$2,495

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 $1100/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 31 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.

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.

About Balfour

I know Balfour 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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    31 Dorothy Street, Hamilton | $769,900 | Battaglia Team