


33 Cedar Avenue
Blakeley, Hamilton
$399,000
Attention investors, renovators, and contractors! This 2.5-storey home presents an incredible opportunity to restore and transform a character-filled property in the heart of Hamilton's vibrant downtown core. Situated in a prime location, you'll enjoy easy access to restaurants, shops, public transit, schools, hospitals, parks, and major highway connections. Whether you're looking for your next renovation project, a potential income property, or a chance to add value in a sought-after neighbourhood, the possibilities here are endless. Bring your vision and creativity-this property requires substantial updates but offers exceptional potential for those looking to capitalize on its location and classic 2.5-storey layout. Property is being sold in as-is, where-is condition.
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | 100+ |
| Size | 1500-2000 sq. ft. |
| Property Tax | $4,842 |
| Lot Size | 24 ft x 95 ft |
| mls© Number | X13550102 |
| 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%
- $2,042
- Property tax
- $404
- Heat allowance
- $150
- Housing costs
- $2,596 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$80,000
gross annual household income
- Payment at 4%
- $1,679 / mo
- Cash down
- $79,800
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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