585 Dundas Street, Hamilton

Price: $1,349,000

3 bedrooms, 2 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: X13473008

Welcome to the exquisite 585 Dundas Street East! This home boasts classic elegance and attention to detail, while preserving it's heritage and original charm. Entering through the front door, you will be greeted with a large foyer and 9' ceilings throughout the main floor! The spacious living room, dining room and kitchen are ideal for families and entertaining, with gorgeous hardwood floors, granite countertops and stainless steel appliances. The main floor continues on with an oversized family room, featuring a fireplace and perfect atmosphere for entertaining and cozy movie nights. Upstairs you will find 3 very large bedrooms, a bonus closet room and a 5 piece bathroom. The partially finished basement and outdoor shed offer ample storage space, in addition to the double car garage. The beauty of this house keeps going to the backyard with your very own beautifully landscaped private oasis, including an above ground pool built into the huge deck! The property is 0.7 acres, with tons of privacy! Minutes from both downtown Waterdown and Burlington, close to parks and all amenities!

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$1,349,000 - 585 Dundas Street, Hamilton

Detached for Sale in Hamilton

Neighbourhood: Waterdown

3Beds
2Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
X13473008
Property Type
Detached
Status
active
Days on Site
15
Bedrooms
3
Bathrooms
2
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
Century 21 Miller Real Estate Ltd.
Description

Welcome to the exquisite 585 Dundas Street East! This home boasts classic elegance and attention to detail, while preserving it's heritage and original charm. Entering through the front door, you will be greeted with a large foyer and 9' ceilings throughout the main floor! The spacious living room, dining room and kitchen are ideal for families and entertaining, with gorgeous hardwood floors, granite countertops and stainless steel appliances. The main floor continues on with an oversized family room, featuring a fireplace and perfect atmosphere for entertaining and cozy movie nights. Upstairs you will find 3 very large bedrooms, a bonus closet room and a 5 piece bathroom. The partially finished basement and outdoor shed offer ample storage space, in addition to the double car garage. The beauty of this house keeps going to the backyard with your very own beautifully landscaped private oasis, including an above ground pool built into the huge deck! The property is 0.7 acres, with tons of privacy! Minutes from both downtown Waterdown and Burlington, close to parks and all amenities!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,967.08/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,079,200Interest: $710,925
Mortgage Amount$1,079,200
Total Interest$710,925
Est. Property Tax$956/mo
Total Cost$1,790,125

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: Waterdown

Discover Waterdown

Waterdown 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 Waterdown

  • 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

Waterdown 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

585 Dundas Street, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,900/mo
Range: $2,465 - $3,335
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,900
Maintenance Fees-$0
Property Tax (est.)-$956
Insurance (est.)-$281
Net Cash Flow+$1,663

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 $675/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 15 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.

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.

About Waterdown

I know Waterdown 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 $5,621 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    585 Dundas Street, Hamilton | $1,349,000 | Battaglia Team