55 Frederick Avenue, Hamilton, ON
Crown Point, Hamilton · MLS® X13216394
About this home
Featuring two large bedrooms, an underpinned basement with rough-ins complete + walk-up entrance potential + garage & a beautiful curb appeal with fruit trees? Here's your opportunity to live for less and let your home work with you! A solid, well-built brick home in a prime Crown Point location. 55 Frederick features two spacious upstairs bedrooms with durable 10mm flooring, along with the convenience of a bathroom on each level-including a main floor bath with tub and shower, ideal for those seeking accessible, elder-friendly living. The basement has been professionally underpinned to add 16 inches of ceiling height and fully waterproofed from the interior, with rough-ins for a 3-piece bathroom and kitchen-creating excellent potential for additional living space or rental offset for mortgage. Enjoy excellent curb appeal thanks to a beautiful mix of mature trees, including lilac, cherry, apple, blue spruce, and emerald cedar. Freshly painted front and rear porches offer the perfect setting to enjoy slow mornings or gather with friends for dinners and great conversation. A new furnace was installed last year for added peace of mind, as well as brand new appliances. Ideally situated near Ottawa Street North and The Centre on Barton, with easy access to the Niagara Escarpment and nearby trails. Set on a charming street of well-maintained homes, the property also features a detached garage and side-by-side parking for added convenience.
Key facts
- Property type
- Detached, 1 1/2 Storey
- MLS®
- X13216394
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 24.5 × 75 ft
- Cross streets
- Cannon St East and Frederick Avenue
- Parking
- 1 garage · 2 parking (detached)
- Basement
- Full, Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,120 / 2025
- Days on market
- 52
- Listing brokerage
- COLDWELL BANKER SELECT REAL ESTATE
Rooms
4 Pc Bath
Eat-in Kitchen
3 Pc Bath
Listed at $449,800, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $504K, a bit higher.
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 $425K
- Bedrooms −$30K
- Adjusts to $395K
That comparable adjusts to $395K; the $435K estimate above is the median of all 7 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. CANNON at FREDERICK is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $435K, median of 7 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.
- 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 3% below the area average of $515/sqft.
48 days longer than the Hamilton average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Crown Point, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: CANNON at FREDERICK, about 63 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 21, 2026); conventional rates run a little higher.
Mortgage amount $359,840 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,920
- Property tax
- $260
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $2,180
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $5,471
- Estimated closing costs
- $5,471
Plus your down payment of $89,960. 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
- $115,214
- Principal paid down
- $45,826
- Interest paid
- $69,389
- Balance remaining
- $314,014
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
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 COLDWELL BANKER SELECT REAL ESTATE. MLS®/PropTx.