Home with brick exterior material, street for 1 Edward St, Hamilton Ontario L8L 2V2
4 days on Market

1 Edward St, Hamilton, Ontario L8L 2V2

Detached
2
3
~700-1100 sqft
$699,990
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$3,500Cashback
Detached
2
3
~700-1100 sqft

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Highlights

Property Estimate

Days on market4 days

Estimated valueNot available

Price/Sqft$818/sqft

Monthly cost

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+2

Properties sold*

$662K

Median sold price*

*Based on last 30 days

Description

Luxury Living with Investment Potential A Fully Renovated Home with ADU Opportunity Step into hotel quality luxury in this meticulously renovated home, where top-tier finishes and thoughtful design create a bright, sophisticated, and move-in-ready space. This property offers elevated modern living with the added potential of a third income-generating unit! The open-concept main floor feels straight out of a luxury boutique hotel, featuring designer flooring, a stylish powder room with a modern vanity and custom wallpaper. The gourmet chefs kitchen is a masterpiece, showcasing sleek white cabinetry, brand-new appliances, and a striking full-height tiled backsplash that adds a touch of contemporary elegance. Upstairs, you'll find two bright and spacious bedrooms, each with ample closet space and a tranquil atmosphere. The 4 piece bathroom rivals a five-star spa, boasting a double sink vanity, a luxurious deep soaking tub, a sleek glass-enclosed rainfall shower, and premium finishes throughout. The fully finished basement with a separate entrance offers incredible flexibility whether as an in-law suite, rental unit, or private guest space. It includes a beautiful wet bar, a 3-piece bathroom with hotel-inspired finishes, a laundry area with an additional sink and brand-new washer & dryer, plus plenty of storage. A huge opportunity awaits with the detached garage, already equipped with hydro. This space can be converted into an Additional Dwelling Unit (ADU), creating a valuable third unit for rental income, a guest house, or a private workspace. With the city's push for more housing solutions, this could be a lucrative investment! Top-to-Bottom Upgrades for Peace of Mind: New roof shingles (2018) ,New AC & Furnace (2021), Updated plumbing & electrical, Fully finished basement with interior waterproofing, New windows (2021), Detached garage with hydro & automatic door opener (2021) ADU Potential


Property Details

Style2-Storey
View-
Age of property100+
SqFt~700-1100 SqFt
Lot Size1,685 SqFt(71.14 x 23.69)
Parking Spaces2
MLS ®NumberX12464038
Community NameStipeley
Data SourceTRREB
Listing byROCK STAR REAL ESTATE INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished, Sep Entrance

Bsmt Floor

Laundry

3.86 x 2.51


Features

Lot size: 1,685 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 1

Total parking spaces 2


Market Data - Stipeley

Geo Zone Map ThumbnailStipeley

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

41 days

Compared to

2024

24 days

2023

10 days

2022

6 days

New Listings

Past 30 days

13 listings

Compared to

2024

13 listings

2023

22 listings

2022

14 listings

Units sold

Past 30 days

7 units

Compared to

2024

2 units

2023

6 units

2022

5 units

Median Sold Price

Past 30 days

$490,000

Compared to

2024

$662,450

2023

$567,500

2022

$750,228


Population and Demographics

Overview

Total population 6276
Average household income $91,677

Age (%)

0 to 19
21%
20 to 34
26%
35 to 49
21%
50 to 64
19%
65 and plus
12%

Household composition (%)

Single family
54%
Single person
37%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
87%
Spanish
2%
Italian
2%
Polish
2%
Portuguese
1%
French
1%
Vietnamese
1%
Arabic
1%
Others
1%

House tenancy (%)

Renters
51%
Owners
49%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget