$499,000
For sale: Detached

Beautifully renovated bungalow in a prime Mountain location directly "Across from Mohawk College"! This turnkey home features modern finishes throughout, no carpet, and a fully finished basement with a separate entrance, second kitchen, two bedrooms, and its own living space-ideal for extended family or potential rental income. Perfect for investors looking to capitalize on strong rental demand from students, healthcare professionals, and nearby hospital staff, or for families seeking a mortgage helper. Conveniently located close to shopping, transit, schools, parks, and major amenities. A rare opportunity offering both comfortable living and excellent income potential. A/C and Furnace 2 yrs new. Roof around 4 yrs new. Hot Water Tank owned. No rental equipment.
Sold data
Detached homes in Hamilton (Southam) took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 52, across 763 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 57 days.
The median sale price was $759,900.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 26% of sellers reduced their price before finding a buyer.
Based on 763 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Hamilton (Southam) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
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