7 Lampton Place, Hamilton

Price: $549,900

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13501698

The perfect home for young families, downsizers, or empty nesters! Welcome to 7 Lampton Place. This move-in-ready bungalow has 2 bedrooms and a full bathroom on the main floor, plus an additional bedroom in the fully renovated basement. The lower level also features a spacious combination bathroom and laundry room, providing added convenience and functionality.Numerous updates have been completed in recent years, including a beautifully renovated kitchen featuring ample cabinetry, granite countertops, a breakfast bar, and stainless steel appliances. The 4-piece main bathroom has been refreshed with updated fixtures, while exterior improvements include a resurfaced front porch and fresh exterior paint. Additional updates include a 100-amp electrical panel, updated water line, and much more. The basement renovation, completed in 2017, adds valuable living space and versatility to the home. With nothing left to do but move in and enjoy, this is an opportunity you won't want to miss! Don't miss your chance to make this charming bungalow your next home.

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active
New Listing
1/33

$549,900 - 7 Lampton Place, Hamilton

Detached for Sale in Hamilton

New — Listed 5 days ago

Neighbourhood: Parkview

3Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13501698
Property Type
Detached
Status
active
Days on Site
5
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Hamilton
Listing Brokerage
KELLER WILLIAMS COMPLETE REALTY
Description

The perfect home for young families, downsizers, or empty nesters! Welcome to 7 Lampton Place. This move-in-ready bungalow has 2 bedrooms and a full bathroom on the main floor, plus an additional bedroom in the fully renovated basement. The lower level also features a spacious combination bathroom and laundry room, providing added convenience and functionality.Numerous updates have been completed in recent years, including a beautifully renovated kitchen featuring ample cabinetry, granite countertops, a breakfast bar, and stainless steel appliances. The 4-piece main bathroom has been refreshed with updated fixtures, while exterior improvements include a resurfaced front porch and fresh exterior paint. Additional updates include a 100-amp electrical panel, updated water line, and much more. The basement renovation, completed in 2017, adds valuable living space and versatility to the home. With nothing left to do but move in and enjoy, this is an opportunity you won't want to miss! Don't miss your chance to make this charming bungalow your next home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,821.27/mo

Includes CMHC insurance ($15,342)

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5-yr fixed avg.

Principal: $494,910Interest: $336,129
Mortgage Amount$510,252
Total Interest$336,129
Est. Property Tax$390/mo
Total Cost$846,382

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: Parkview

Discover Parkview

Parkview 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 Parkview

  • 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

Parkview 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

7 Lampton Place, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
5.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$390
Insurance (est.)-$115
Net Cash Flow+$2,295

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 $786/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Hamilton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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 Parkview

I know Parkview 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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    7 Lampton Place, Hamilton | $549,900 | Battaglia Team