347 Queen Street, Hamilton, ON

Durand, Hamilton · MLS® X13009542

$1,999,000
For Sale
Listed 92 days ago
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10Bedrooms
6Bathrooms
3Garage · 10 parking
5,000Sq Ft

About this home

An extraordinary opportunity to own one of Hamilton's most iconic residences. Known as the "Queen St Castle," this circa 1881 Victorian masterpiece commands a prominent corner in the prestigious Durand neighbourhood, at the base of the escarpment. With its signature turret and timeless architectural detail, this historically significant home is recognized among the city's most admired properties. Rich in character and carefully preserved, the home offers remarkable flexibility. Currently grandfathered as a legal non-conforming triplex in 2014, it presents a rare chance to create a truly exceptional single-family estate, maintain a strong income-producing property, or live in one unit while generating revenue from the others. Inside, original charm blends with scale and potential-featuring soaring ceilings, intricate period details, and six fireplaces, including a wood-burning fireplace on the main level. Each space reflects the craftsmanship and elegance of a bygone era, ready to be elevated further. Outside, the property continues to impress with a fully fenced yard offering privacy and space to entertain, along with a rare triple-car covered carport and an additional driveway off Aberdeen for parking for up to seven vehicles. Set in one of Hamilton's most sought-after neighbourhoods, you are just steps to Locke Street's boutiques and dining, and within walking distance to Augusta, James, and Hess Village. Nature meets city living with immediate access to the escarpment and Bruce Trail, while nearby hospitals, McMaster University, Mohawk College, and GO stations ensure unmatched convenience. Recent updates include a new boiler 2026), carport roof (2023), chimney cap (2024), soffit and fascia (2020 & 2024), one flat roof (2025) a new porch (steps and railings, and interior paint (2024). A rare offering of architectural significance, income potential, and lifestyle that must be seen to be fully appreciated!

Key facts

Property type
Detached, 3-Storey
MLS®
X13009542
Bedrooms
10
Bathrooms
6
Size
5,000 sq ft
Lot
146 × 72.55 ft
Cross streets
Queen Street South and Aberdeen Avenue
Parking
3 garage · 10 parking (carport)
Driveway
Front Yard Parking, Private, Private Triple, Tandem
Basement
Unfinished, Full, Walk-Up
Heating
Water
A/C
Other, Window Unit(s)
Exterior
Brick, Other
Foundation
Stone, Block
Roof
Flat, Slate
Sewer
Sewer
Property tax
$11,528 / 2025
Days on market
92
Listing brokerage
ROYAL LEPAGE STATE REALTY

Rooms

Dining RoomMain5.05 × 4.32 m

eat-in kitchen · quartz counter

LaundryMain0.94 × 0.76 m

Separate Room

WorkshopBasement6.10 × 4.57 m
SittingSecond2.44 × 2.40 m
BedroomThird5.49 × 4.39 m
Utility RoomBasement6.10 × 4.57 m
KitchenThird3.94 × 3.45 m

Eat-in Kitchen

Living RoomMain5.61 × 4.04 m

hardwood floor · bay window

Living RoomThird6.38 × 4.39 m
BedroomThird4.72 × 3.45 m
BedroomThird5.03 × 4.50 m
BedroomThird8.38 × 5.99 m
Primary BedroomMain5.08 × 4.22 m

ensuite bath · hardwood floor

LaundryBasement3.05 × 1.83 m
BathroomThird2.79 × 2.29 m

4 Pc Bath

BedroomMain2.74 × 2.49 m

Hardwood Floor

FoyerMain5.89 × 2.60 m

combined w/office · closet

Dining RoomMain4.17 × 2.46 m

Hardwood Floor

Family RoomMain5.74 × 4.19 m

W/O To Deck

BedroomMain4.44 × 3.89 m

Hardwood Floor

BathroomMain2.49 × 2.18 m

4 Pc Ensuite

BathroomThird2.31 × 1.47 m

4 Pc Bath

SittingThird2.44 × 2.44 m
BathroomMain2.03 × 0.97 m

3 Pc Bath

Listing history

  1. Apr 16, 2026Listed$1,999,000

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$2.76Mest. value

Listed at $1,999,000, this home is tracking about 28% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.26M, lower than the comparables and worth a second look.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $2.60M
  • Bedrooms +$120K
  • Adjusts to $2.71M

That comparable adjusts to $2.71M; the $2.76M estimate above is the median of all 10 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. QUEEN at ABERDEEN is about a 1-minute walk away.

List price
$2.00MGreat deal$3.07MOverpriced

Total price vs nearby homes. Fair value about $2.76M, median of 10 comparables.

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.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Value driver
  • Worth verifying
Comparable listingsCurrently listed nearby in Durand · asking prices
$6.40Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

26 RAVENSCLIFFE Avenue$6.40M

The 1 closest active listing nearby.

See all comparable homes
2.00MThis home6.40MThis home vs active comparables
Live market pulseActive comparables in Durand · median list $1.10M
$400this home / sqft
11active listings nearby
92days on market

This home lists 37% below the area average of $632/sqft.

90 days longer than the Hamilton average (2 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Durand, Hamilton, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

59/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: QUEEN at ABERDEEN, about 18 m away

20+ transit stops1 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Westdale
$1.39M
Gibson
$670K
Dundas
$1.05M
Delta
$729K
Homeside
$593K

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

Affordability
$9,111/mo
$381KIncome needed
5.2×Price ÷ income
$2,102Weekly cost
20% down4.79%25-yr amortization

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.

90%mortgage
Mortgage $9,111Property tax $961Total carry $10,071

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,534per month

Mortgage amount $1,599,200 · 4.14% over 25 years

$399,800Down payment (20.0%)
$1,599,200Loan before insurance
$0CMHC premium
$9,495Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,534
Property tax
$961
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,495

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$36,455
Estimated closing costs
$36,455

Plus your down payment of $399,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10,365/monthPayment at the qualifying rate

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

$960,977Total interest paid
$2,560,177Total of all payments
Principal $1,599,200 Interest $960,977
YearPrincipalInterestBalance
1$37,464$64,943$1,561,736
2$39,031$63,376$1,522,705
3$40,663$61,744$1,482,042
4$42,364$60,043$1,439,678
5$44,136$58,271$1,395,542
6$45,982$56,425$1,349,559
7$47,906$54,501$1,301,653
8$49,910$52,497$1,251,744
9$51,997$50,410$1,199,746
10$54,172$48,235$1,145,574
11$56,438$45,969$1,089,136
12$58,799$43,608$1,030,337
13$61,258$41,149$969,078
14$63,821$38,586$905,258
15$66,490$35,917$838,767
16$69,271$33,136$769,496
17$72,169$30,238$697,327
18$75,188$27,219$622,139
19$78,333$24,074$543,806
20$81,609$20,798$462,197
21$85,023$17,384$377,174
22$88,579$13,828$288,595
23$92,284$10,123$196,311
24$96,144$6,263$100,166
25$100,166$2,241$0

At the end of your 5-year term

Total paid over the term
$512,035
Principal paid down
$203,658
Interest paid
$308,377
Balance remaining
$1,395,542

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.

Let's connect

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

Rental yield
Estimate$10,500/mo
$126,000Gross annual rent
5.0%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

6.3%
Gross yield
− Property tax $11,528− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $99,212

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE STATE REALTY. MLS®/PropTx.

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