$834,988 - 58 Centennial Parkway, Hamilton
Detached for Sale in Hamilton
93 days on marketNeighbourhood: Stoney Creek
- MLS Number
- X13161202
- Property Type
- Detached
- Status
- active
- Days on Site
- 93
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Work From Home! This exceptional 4-level backsplit offers the rare opportunity to live and work from one incredible property. Meticulously maintained and ideally located, this spacious home features gleaming hardwood floors throughout, a beautifully updated open-concept kitchen with premium finishes, generous-sized bedrooms, and multiple levels of flexible living space perfect for today's lifestyle. Step outside to a large, professionally landscaped lot offering plenty of room to relax, entertain, or enjoy your own private outdoor retreat. Adding to its appeal, the property benefits from Multi-Dwelling Residential (RM1) zoning, offering outstanding flexibility for future use. Explore the potential to convert the property into an income-producing investment, subject to all City of Hamilton approvals and applicable bylaws. The zoning also permits a variety of home occupation uses, including an accountant, Chiropractor, Consultant, Lawyer, Small Medical Office, or Home Daycare (buyer to verify permitted uses and requirements with the City of Hamilton). Ample surrounding free area parking provides added convenience for clients and visitors. Whether you're looking for an exceptional family home, a live/work opportunity, or a property with excellent investment potential and Location, this versatile offering is one you won't want to miss.
Estimate your monthly payments for this property
Estimated Payment
$4,283.92/mo
Includes CMHC insurance ($23,296)
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 Stoney Creek
Stoney Creek 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 Stoney Creek
- •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
Stoney Creek 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.
58 Centennial Parkway, Hamilton
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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 $557/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 93 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.
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.
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 Stoney Creek
I know Stoney Creek 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.