$519,000 - 729 West 5th Street, Hamilton
Semi-Detached for Sale in Hamilton
Neighbourhood: Fessenden
- MLS Number
- X13628030
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 23
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- CENTURY 21 GREEN REALTY INC.
Exceptional Opportunity in a Prime Location - Spacious 4-Level Backsplit Semi-Detached Home!Unlock the incredible potential of this bright and spacious 3-bedroom, 4-level backsplit, proudly owned by the original owner. Offering approximately 2,266 sq. ft. of total living space, including the basement, this solid home provides the perfect canvas to create your dream home or next investment.Designed with a versatile multi-level layout, this property is ideal for families, renovators, and savvy investors. With your personal vision and updates, you can significantly enhance its value and make it truly spectacular.The lower level and basement offer outstanding potential to create a separate apartment or in-law suite, providing an excellent opportunity for multi-generational living or valuable rental income.Step outside to a generously sized backyard-perfect for entertaining, family gatherings, gardening, or simply enjoying your own private outdoor retreat.Ideally situated in a quiet, family-friendly neighbourhood, this home is just minutes from Mohawk College, excellent public and private schools, Lime Ridge Mall, parks, shopping, and everyday amenities. Enjoy the convenience of a less than 5-minute walk to public transit and under a 10-minute drive to major highways, making commuting quick and easy.Solid, spacious, and packed with potential, this is a rare chance to secure a property in a highly sought-after location and build instant equity. (Some photos have been virtually staged to illustrate the property's potential). and
Estimate your monthly payments for this property
Estimated Payment
$2,662.74/mo
Includes CMHC insurance ($14,480)
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 Fessenden
Fessenden 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 Fessenden
- •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
Fessenden 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.
729 West 5th Street, 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 $741/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 23 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.
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 Fessenden
I know Fessenden 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.