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Crown Point, Hamilton
$395,000
Welcome to 27 Edinburgh Avenue - a solid opportunity in Hamilton's Crown Point neighbourhood for first-time buyers, downsizers, or investors looking for an affordable freehold option. This detached bungalow sits on a 25 x 100 ft lot and offers a functional, easy-to-manage layout with 2 bedrooms and 1 full bathroom, all on one level. With approximately 663 sq ft above grade, the home is compact but efficient, making it a practical choice for those looking to simplify or enter the market. Located just off Ottawa Street North, you're within walking distance to parks, schools, transit, and everyday amenities. Transit access is particularly strong, with a bus stop just steps away, making it easy to get around the city without a car. The neighbourhood offers a growing mix of local shops, restaurants, and community amenities, with several parks and recreation options nearby - a solid balance of convenience and livability. Whether you're looking to get into the market, downsize into something manageable, or add to your investment portfolio, this is a straightforward property with real upside in an established area.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 100+ |
| Size | < 700 sq. ft. |
| Property Tax | $2,171 |
| Lot Size | 25 ft x 100 ft |
| mls© Number | X13158238 |
| Listed By | RE/MAX ESCARPMENT REALTY INC. |
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%
- $2,022
- Property tax
- $181
- Heat allowance
- $150
- Housing costs
- $2,353 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$72,000
gross annual household income
- Payment at 4%
- $1,662 / mo
- Cash down
- $79,000
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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