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Stoney Creek, Hamilton
$499,000
Affordable homeownership with room to grow. This charming 2-bedroom home sits on an exceptional 50 x 220 ft lot in the heart of Lower Stoney Creek, offering a rare combination of comfortable living today and incredible future potential. The expansive backyard provides endless possibilities for gardening, entertaining, family enjoyment, or future expansion. For those with a vision, the property also presents an outstanding building lot and redevelopment opportunity. Surrounded by custom-built homes and benefiting from flexible zoning, it supports a legal multi-unit duplex, a custom single-family residence, multi-generational living, or even a secondary dwelling, giving you multiple ways to maximize value. Enjoy views of the Niagara Escarpment and walkable access to parks, Lake Ontario, new sports facilities, restaurants, excellent schools within walking distance, various universities and hospitals, the option of two airports nearby, John C. Munro Hamilton International Airport, Niagara Falls Airport, major shopping centers, public transit stops on the corner, local farms, and over 200 wineries nearby. Commuting is effortless with quick access to the new Stoney Creek GO Station, QEW, 407, 403, Burlington, Hamilton, and the Niagara region are only minutes away. With condo-level pricing without the condo fees and the rare advantage of a 220 foot deep yard, this is an outstanding opportunity for first-time buyers looking to enter a prestigious market, or for downsizers seeking space for gardens, outdoor entertaining, and peaceful living. Whether you're building a luxury home, entering the market, renovating, downsizing, or investing, this ideally located and highly adaptable property is worth exploring. Property being sold AS-IS. Some images have been virtually staged.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | < 700 sq. ft. |
| Property Tax | $3,336 |
| Lot Size | 50 ft x 220 ft |
| mls© Number | X13041562 |
| Listed By | ROYAL LEPAGE MACRO REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,554
- Property tax
- $278
- Heat allowance
- $150
- Housing costs
- $2,982 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$92,000
gross annual household income
- Payment at 4%
- $2,100 / mo
- Cash down
- $99,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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