318 Freelton Road, Hamilton

Price: $974,000

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13532100

House and a Shop! Tucked on an expansive 100' x 375' lot in the charming community of Freelton, this 1,400 square foot bungalow with a shop delivers the space, flexibility and lifestyle that are nearly impossible to find at this price point. The main floor offers a partially open-concept kitchen, three bedrooms, one and a half bathrooms and a walkout to the deck - perfect for enjoying the privacy of your beautiful surroundings. The lower level, with two separate walkouts, is ready to finish to your own taste - the hard work is already done! Electrical, plumbing, drains, ductwork and framing are all in place for a one-bedroom in-law suite: the bathroom has a working toilet and roughed-in stand-up shower, with a new soaker tub and sink included, the bedroom features pot lights, and the kitchen is plumbed and ready for your choice of cabinets, appliances, counters and flooring - a natural fit for multi-generational living or in-law possibility. Drive right back to your detached shop, which is a rare find: solid all-block construction measuring 22' x 37' with approximately 15' ceilings, a concrete pad floor, oversized rollup door, and separate man door, separate septic and toilet flange. Whether you're a hobbyist, tradesperson, car enthusiast, or entrepreneur, this space will not disappoint. Add a double attached garage, room to breathe on a deep private lot, and just 15-20 minutes to most amenities in Cambridge, Waterdown and Guelph - and you have a property that truly checks every box. Opportunities like this don't come along often. RSA. Detached shop is setup for a connection to 3 phase electrical (not currently connected).

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$974,000 - 318 Freelton Road, Hamilton

Detached for Sale in Hamilton

48 days on market

Neighbourhood: Freelton

4Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13532100
Property Type
Detached
Status
active
Days on Site
48
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

House and a Shop! Tucked on an expansive 100' x 375' lot in the charming community of Freelton, this 1,400 square foot bungalow with a shop delivers the space, flexibility and lifestyle that are nearly impossible to find at this price point. The main floor offers a partially open-concept kitchen, three bedrooms, one and a half bathrooms and a walkout to the deck - perfect for enjoying the privacy of your beautiful surroundings. The lower level, with two separate walkouts, is ready to finish to your own taste - the hard work is already done! Electrical, plumbing, drains, ductwork and framing are all in place for a one-bedroom in-law suite: the bathroom has a working toilet and roughed-in stand-up shower, with a new soaker tub and sink included, the bedroom features pot lights, and the kitchen is plumbed and ready for your choice of cabinets, appliances, counters and flooring - a natural fit for multi-generational living or in-law possibility. Drive right back to your detached shop, which is a rare find: solid all-block construction measuring 22' x 37' with approximately 15' ceilings, a concrete pad floor, oversized rollup door, and separate man door, separate septic and toilet flange. Whether you're a hobbyist, tradesperson, car enthusiast, or entrepreneur, this space will not disappoint. Add a double attached garage, room to breathe on a deep private lot, and just 15-20 minutes to most amenities in Cambridge, Waterdown and Guelph - and you have a property that truly checks every box. Opportunities like this don't come along often. RSA. Detached shop is setup for a connection to 3 phase electrical (not currently connected).

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,997.12/mo

Includes CMHC insurance ($27,175)

$
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5%10%50%

5-yr fixed avg.

Principal: $876,600Interest: $595,363
Mortgage Amount$903,775
Total Interest$595,363
Est. Property Tax$690/mo
Total Cost$1,499,137

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: Freelton

Discover Freelton

Freelton 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 Freelton

  • 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

Freelton 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

318 Freelton Road, 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)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$690
Insurance (est.)-$203
Net Cash Flow+$2,307

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 $885/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.

Negotiation Opportunity

At 48 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.

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.

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 Freelton

I know Freelton 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 $4,058 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    318 Freelton Road, Hamilton | $974,000 | Battaglia Team