$699,900
For sale: Detached

Welcome to 391 East 16th Street-The Perfect Mortgage Helper on Hamilton Mountain!Nestled in a quiet cul-de-sac in a highly sought-after neighborhood, this charming 3-bedroom bungalow offers a brilliant opportunity for smart homeownership: live comfortably on the main level while the fully equipped basement suite helps pay your mortgage.Your Main Floor SanctuaryThe bright and inviting main floor is completely move-in ready and designed for comfortable living. It features three spacious bedrooms flooded with natural light, offering a highly functional layout that is perfect for relaxing, working from home, or starting a family.The Income SuiteMaximize your investment with the fully finished lower level. Complete with a private, separate entrance, a second kitchen, and a large living area, this space is perfectly laid out to attract a quality tenant. It's a turnkey setup for generating reliable rental income to offset your living expenses.Outdoor Living & LocationSet on a generous pie-shaped lot, the property offers a fantastic backyard space for gardening, entertaining, or simply unwinding. A covered concrete patio allows you to enjoy the outdoors regardless of the weather, while the detached garage provides secure parking and extra storage.Because it sits in a peaceful cul-de-sac with minimal traffic, this home provides a quiet haven while still keeping you close to everything. You are just minutes away from schools, parks, shopping, public transit, and major highways for an easy commute.Lovingly maintained with quality finishes, 391 East 16th Street is a rare find that combines a wonderful place to live with a savvy financial advantage. Don't miss your chance to own this gem!
Sold data
Detached homes in Hamilton (Hill Park) took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 45, across 952 recorded sales.
The median sale price was $769,250.
Homes sold for about 2.9% below asking on average, so there was room to negotiate.
About 16% of sales closed above the list price.
Around 25% of sellers reduced their price before finding a buyer.
Based on 952 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Hamilton (Hill Park) 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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