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Listed 3 months ago

343 Cumberland Avenue

Blakeley, Hamilton

$549,900

Detached|2-Storey
3 | 2 | 0
About this home

Welcome to this charming detached century home in the heart of the highly desirable Blakeley neighbourhood in Hamilton. Full of character and opportunity, this 3-bedroom, 1.5-bath residence offers approximately 1,100 sq ft above grade plus an unfinished basement, making it an ideal canvas for renovators, investors, or buyers looking to create their dream home in a vibrant, established community. Offered for sale in "as is,where is" condition, the property presents an excellent opportunity to renovate, invest, or hold as a rental in a strong and steadily appreciating neighbourhood. The location is a standout-steps to Gage Park, the Escarpment Rail Trail, Bruce Trail access points, and Wentworth Stairs,making it ideal for outdoor enthusiasts. Enjoy quick access to McMaster University, Mohawk College, St. Joseph's Hospital, Hamilton General Hospital, Hamilton GO Centre, and multiple transit routes. Nearby Ottawa Street offers cafés, restaurants, shopping, and local amenities, while downtown Hamilton, Waterfront trails, Confederation Beach, and Tim Hortons Field are only minutes away. Whether you're an investor seeking value-add potential, a renovator/builder looking for your next project, or a buyer ready to bring new life to a classic home, this property offers location, lifestyle, and long-term upside in one of Hamilton's most connected neighbourhoods.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,773
Lot Size21.5 ft x 83 ft
mls© NumberX13238430
Listed ByRIGHT AT HOME 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%
$2,815
Property tax
$314
Heat allowance
$150
Housing costs
$3,279 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $109,980
25-yr amortization

Income needed

$101,000

gross annual household income

Payment at 4%
$2,314 / mo
Cash down
$109,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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