15 West 1st Street, Hamilton, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Bonnington. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $549,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 6 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 321.5 x 32.3 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- Ample parking with 0.0 garage spaces (3.0 total parking spaces)
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
LIVE IN IT. HOUSE HACK IT. CASH FLOW IT. BUILD WEALTH WITH IT. This is the kind of property that rarely comes along - A beautiful, flexible home with incredible income potential just steps to Mohawk College, making it highly desirable for student rentals, multi-generational living, or savvy investors looking for strong returns. Whether you're an investor seeking cash flow, a buyer wanting mortgage-helping income, or a family planning for future appreciation, this property offers multiple strategies under one roof. The home features a finished basement with a separate kitchen and bathroom, plus two generously sized bedrooms with legal windows, ideal for rental income, extended family, or a house-hack setup. The main level offers two spacious bedrooms, with two additional bedrooms upstairs, providing flexibility for room rentals, larger families, or maximizing income potential. Income potential that gets attention. With proximity to Mohawk College and strong rental demand in the area, Individual rooms rent for approximately $950/month each in today's marker. The 2-bedroom basement offers rental potential of approximately $1,950/month. Depending on configuration and buyer strategy, the property may offer gross rental income potential approaching $8,000/month. At this level of income, investors may see the potential for an estimated cap rate exceeding 9%, depending on expenses, financing & rental strategy. And the opportunity doesn't stop there. The large backyard offers future ADU (Accessory Dwelling Unit) potential, subject to municipal approvals, opening the door to additional monthly income potential and even stronger long-term returns. Why buy a property that only appreciates when you can own one that has the potential to appreciate and produce meaningful income? Whether you choose to live in a part of it, rent rooms, create a student rental model, or expand future income opportunities, this is the property.
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Property Summary
This detached home located at 15 West 1st Street, Hamilton is currently for sale and has been available for 132 days. This property is listed at $549,900 with an estimated mortgage of $1,830* per month. It has 6 beds, 2 bathrooms, and is 700-1100 square feet. 15 West 1st Street, Hamilton is in the Bonnington neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 6 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Bonnington, Hamilton.
- •6 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •700-1100 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Bonnington, Hamilton.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Carpet Free
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Hamilton?
If you are looking for a house in Hamilton or researching Hamilton real estate for sale, this 6-bedroom detached at 15 West 1st Street, Hamilton, ON offers an exceptional opportunity to buy a home in Hamilton, Ontario. Whether you are a first-time Hamilton home buyer or comparing active Hamilton MLS® homes for sale, working with a dedicated Hamilton buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Hamilton realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Hamilton Buyer Budget & Costs
Estimated mortgage: $1,830*/month*. Estimated Ontario Land Transfer Tax: $7,473. First-time Hamilton home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Hamilton
Frequently Asked Questions about 15 West 1st Street, Hamilton, ON
Q.What is the asking price for 15 West 1st Street, Hamilton, ON ?
The current listing price for 15 West 1st Street, Hamilton, ON in Bonnington, Hamilton is $549,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 6 bedrooms and 2 bathrooms across approximately 700-1100 sqft.
Q.What property type and architectural style is 15 West 1st Street, Hamilton, ON ?
15 West 1st Street, Hamilton, ON is a Detached (1 1/2 Storey) featuring a Finished basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free.
Q.Is parking available at this property?
Yes, this property offers parking space for 3.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Bonnington, Hamilton
23 assaults (45.0/100k)
11 B&E (40.0/100k)
15 thefts (45.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 15 West 1st Street, Hamilton, ON L9C 3B5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Hamilton, ON
For a property listed at $549,900 in Hamilton, the legal minimum down payment is $29,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,473 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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