55 Cayley Street, Hamilton, ON

Dundas, Hamilton · MLS® X13410692

$1,550,000
For Sale
Listed 46 days ago
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3Bedrooms
2Bathrooms
1Garage · 5 parking
1500-2000Sq Ft

About this home

With a wraparound porch you'll never want to leave, 55 Cayley is the one you've been waiting for. This Victorian cottage is perfectly located in one of Dundas' most desirable neighbourhoods, the home is steps from Dundas Driving Park, close to trails, schools, and the vibrant shops and cafes of Downtown Dundas. Accented by original coal gas fixtures, detailed carpentry, and warm woodwork, it radiates charm and character throughout. Inside, soaring 10' ceilings, oak hardwood floors, and oversized windows create a bright natural flow. The main floor offers true one-floor living with a spacious front hall, elegant living room or office, sprawling family room with ornate gas fireplace, generous bedroom, and full bath. A butler's pantry leads into the kitchen, filled with original character and framed by garden views. From here, step into the bright sun porch with walkout to the rear gardens. The separate dining room opens out to the side garden, where a 1920s gazebo and stonework create an enchanting, secret garden setting - perfect for intimate gatherings or quiet reflection. Separate staircases lead to the 2nd floor, where you'll find a rear bedroom or den, full bath, ample storage, and a generous primary retreat with dormer windows, electric fireplace, and walkout to an enclosed terrace overlooking the streetscape and treetops beyond. Outdoors, mature gardens, multiple sitting areas, a powered garage and separate studio space, long driveway, and versatile outbuilding add practicality and flexibility. Set on a rare double-wide lot of more than 0.25 acre, this property offers space, privacy, and presence rarely found in Dundas.

Key facts

Property type
Detached, 1 1/2 Storey
MLS®
X13410692
Bedrooms
3
Bathrooms
2
Size
1500-2000
Lot
90 × 120 ft
Cross streets
Sydenham St
Parking
1 garage · 5 parking (detached)
Driveway
Private
Basement
Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Stone
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,484 / 2025
Days on market
46
Listing brokerage
ROYAL LEPAGE STATE REALTY

Rooms

Living RoomMain4.34 × 7.72 m
Bedroom 2Second5.28 × 3.84 m
OtherBasement8.92 × 6.02 m
PantryMain1.68 × 2.41 m
DenMain3.20 × 3.43 m
Primary BedroomSecond6.71 × 5.66 m
Utility RoomBasement4.39 × 4.14 m
Dining RoomMain4.34 × 3.68 m
DenSecond2.64 × 2.51 m
Bedroom 3Main3.20 × 3.48 m
SunroomMain2.31 × 2.62 m
KitchenMain4.55 × 3.84 m
OtherBasement4.19 × 3.30 m
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. 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.

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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby · asking prices
$570kavg asking

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

192 VICTORIA Avenue$575k70 Wellington Street$599k1 Mahony Avenue$535k

The 3 closest active listings nearby.

See all comparable homes
1.55MThis home575k599k535kThis home vs active comparables
Live market pulseActive comparables in Dundas · median list $950K
$886this home / sqft
22active listings nearby
46days on market
38sold nearby · 90 days
$858Kmedian sold price
97%of asking, on average

This home lists 40% above the area average of $632/sqft.

43 days longer than the Hamilton average (3 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Dundas, 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.

Nearby neighbourhoods

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

Westdale
$1.60M
Waterdown
$1.39M
Meadowlands
$1.10M
Ancaster
$1.19M
Raleigh
$615K

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
$7,064/mo
$286KIncome needed
5.4×Price ÷ income
$1,630Weekly 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.

94%mortgage
Mortgage $7,064Property tax $457Total carry $7,521

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,617per month

Mortgage amount $1,240,000 · 4.14% over 25 years

$310,000Down payment (20.0%)
$1,240,000Loan before insurance
$0CMHC premium
$7,074Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,617
Property tax
$457
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,074

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

One-time closing costs

Ontario land transfer tax
$27,475
Estimated closing costs
$27,475

Plus your down payment of $310,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,037/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

$745,130Total interest paid
$1,985,130Total of all payments
Principal $1,240,000 Interest $745,130
YearPrincipalInterestBalance
1$29,049$50,356$1,210,951
2$30,264$49,141$1,180,687
3$31,530$47,875$1,149,157
4$32,849$46,556$1,116,308
5$34,223$45,182$1,082,086
6$35,654$43,751$1,046,431
7$37,146$42,260$1,009,286
8$38,699$40,706$970,587
9$40,318$39,087$930,268
10$42,005$37,401$888,264
11$43,762$35,644$844,502
12$45,592$33,813$798,910
13$47,499$31,906$751,411
14$49,486$29,919$701,926
15$51,556$27,849$650,370
16$53,712$25,693$596,658
17$55,959$23,446$540,699
18$58,300$21,106$482,399
19$60,738$18,667$421,661
20$63,279$16,126$358,382
21$65,926$13,480$292,456
22$68,683$10,722$223,773
23$71,556$7,849$152,217
24$74,549$4,856$77,668
25$77,668$1,738$0

At the end of your 5-year term

Total paid over the term
$397,026
Principal paid down
$157,914
Interest paid
$239,112
Balance remaining
$1,082,086

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$3,150/mo
$37,800Gross annual rent
1.7%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.

2.4%
Gross yield
− Property tax $5,484− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,758

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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