83 Delmar Drive, Hamilton

Price: $949,000

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13805558

Welcome to this beautifully updated 4-level backsplit in Hamilton's sought-after Buchanan neighbourhood. Extensively renovated in 2022, this move-in ready family home offers 4 bedrooms, 2 full bathrooms, a finished basement, and a functional layout designed for modern living. The stunning kitchen features contemporary finishes and flows seamlessly into the main living areas, while the finished lower level includes a large recreation space, full bathroom, dedicated laundry room, and separate entrance with potential for multi-generational living. Step outside to your private backyard retreat complete with an inground pool, patio area, and mature landscaping. Situated on a generous 57' x 110' lot, just steps to Mohawk College, schools, parks, shopping, transit, and convenient highway access. A rare opportunity to own a fully renovated family home in one of Hamilton Mountain's most established, family-friendly neighbourhoods.

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active
New Listing

$949,000 - 83 Delmar Drive, Hamilton

Detached for Sale in Hamilton

New — Listed 2 days ago

Neighbourhood: Buchanan

4Beds
2Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
X13805558
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Description

Welcome to this beautifully updated 4-level backsplit in Hamilton's sought-after Buchanan neighbourhood. Extensively renovated in 2022, this move-in ready family home offers 4 bedrooms, 2 full bathrooms, a finished basement, and a functional layout designed for modern living. The stunning kitchen features contemporary finishes and flows seamlessly into the main living areas, while the finished lower level includes a large recreation space, full bathroom, dedicated laundry room, and separate entrance with potential for multi-generational living. Step outside to your private backyard retreat complete with an inground pool, patio area, and mature landscaping. Situated on a generous 57' x 110' lot, just steps to Mohawk College, schools, parks, shopping, transit, and convenient highway access. A rare opportunity to own a fully renovated family home in one of Hamilton Mountain's most established, family-friendly neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,868.86/mo

Includes CMHC insurance ($26,477)

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5%10%50%

5-yr fixed avg.

Principal: $854,100Interest: $580,081
Mortgage Amount$880,577
Total Interest$580,081
Est. Property Tax$672/mo
Total Cost$1,460,659

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: Buchanan

Discover Buchanan

Buchanan 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 Buchanan

  • 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

Buchanan 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

83 Delmar Drive, 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)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$672
Insurance (est.)-$198
Net Cash Flow+$2,330

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 $863/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.

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.

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 Buchanan

I know Buchanan 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 $3,954 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    83 Delmar Drive, Hamilton | $949,000 | Battaglia Team