49 Cheever Street, Hamilton, ON
Landsdale, Hamilton · MLS® X12935594
About this home
Set in the heart of Hamilton, this lovingly updated character home offers the perfect blend of timeless charm, flexible living space, and incredible future potential. Step inside to a bright white kitchen, inviting living room, and large formal dining area designed for both everyday comfort and effortless entertaining. A stylish four-piece bath completes the main floor. Upstairs, the second level offers a rare and versatile layout with two spacious bedrooms, a second full kitchen, convenient laundry, and an additional four-piece bathroom, ideal for extended family, in-laws, or comfortable multi-generational living. The third floor adds two more generous bedrooms, creating plenty of space to suit any need. The recently waterproofed basement with sump pump adds exceptional value, featuring a second laundry area and separate walk-up entrance to the backyard, offering endless possibilities for additional living space or future suite conversion. Thoughtfully updated over the years for peace of mind, improvements include a metal roof, newer windows/doors, water softener/purifier, updated electrical, concrete driveway and fence and more. Outside, enjoy a private backyard retreat with a newer concrete patio and driveway, steel fire escape, and parking for two vehicles. Beautiful stained glass details add warmth and character throughout. With its unique layout, multiple living spaces, and flexibility for multi-generational living, this is a rare opportunity to own a truly special home in one of Hamilton's most charming and established neighbourhoods.
Key facts
- Property type
- Detached, 2 1/2 Storey
- MLS®
- X12935594
- Bedrooms
- 4
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000
- Lot
- 25 × 100 ft
- Cross streets
- BARTON STREET EAST
- Parking
- 2 parking
- Driveway
- Private Double
- Basement
- Full, Separate Entrance, Unfinished
- Heating
- Forced Air
- A/C
- Window Unit(s)
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,204 / 2025
- Days on market
- 109
- Listing brokerage
- RE/MAX ESCARPMENT REALTY INC.
Rooms
4 pc bath · combined w/laundry
4 Pc Bath
Combined w/Living
Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairOn location, this is a very walkable address with everyday errands close by. ST. MATTHEWS is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 19% below the area average of $373/sqft.
107 days longer than the Hamilton average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Landsdale, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: ST. MATTHEWS, about 194 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Hamilton.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $423,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,262
- Property tax
- $267
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $2,529
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $7,073
- Estimated closing costs
- $7,073
Plus your down payment of $105,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $135,732
- Principal paid down
- $53,986
- Interest paid
- $81,745
- Balance remaining
- $369,934
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.