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

1 Edward St, Hamilton, Ontario L8L 2V2

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

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Highlights

Property Estimate

Days on market24 days

Estimated valueNot available

Price/Sqft$818/sqft

Monthly cost

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+8

Properties sold*

$533K

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

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

16 days

Compared to

2024

34 days

2023

17 days

2022

71 days

New Listings

Past 30 days

21 listings

Compared to

2024

16 listings

2023

17 listings

2022

12 listings

Units sold

Past 30 days

4 units

Compared to

2024

8 units

2023

4 units

2022

4 units

Median Sold Price

Past 30 days

$432,500

Compared to

2024

$533,250

2023

$615,000

2022

$632,500


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