59 Francis Street, Hamilton, ON
Industrial Sector, Hamilton · MLS® X13442316
About this home
Opportunity awaits at 59 Francis Street! This detached 4-bedroom, 1-bathroom home offers incredible potential for renovators, investors, and buyers looking to create a space uniquely their own. Featuring a functional layout, generous room sizes, and plenty of original character, this property is ready for a fresh vision and transformation. The spacious backyard provides ample outdoor space for entertaining, gardening, or future enhancements, while the detached design offers privacy and flexibility. Located in an established neighbourhood close to parks, schools, transit, and everyday amenities, this is a rare chance to secure a property with endless possibilities. Bring your imagination and unlock the full potential of this promising fixer-upper.
Key facts
- Property type
- Detached, 2 1/2 Storey
- MLS®
- X13442316
- Bedrooms
- 4
- Bathrooms
- 1
- Size
- 1500-2000
- Lot
- 25 × 100 ft
- Cross streets
- Wentworth St N. & Burlington St E
- Parking
- 2 parking
- Driveway
- Lane
- Basement
- Full, Unfinished
- Heating
- Forced Air
- A/C
- None
- Exterior
- Vinyl Siding
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $2,485 / 2025
- Days on market
- 39
- Listing brokerage
- TONY K REAL ESTATE
Rooms
Listed at $399,900, this home is about 34% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
In Industrial Sector lately, sellers have been getting about 96% of asking and homes sell in about 31 days.
There were not many closely comparable homes right in Industrial Sector, so I widened the search to the surrounding area.
Based on 65 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 65 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $374K, 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, sold for $745K
- Bathrooms −$8K
- Adjusts to $737K
That comparable adjusts to $737K; the $607K estimate above is the median of all 65 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
Total price vs nearby homes. Fair value about $607K, median of 65 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 38% below the area average of $371/sqft.
36 days longer than the Hamilton average (3 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Industrial Sector, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 22, 2026); conventional rates run a little higher.
Mortgage amount $319,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,707
- Property tax
- $207
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $1,914
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $4,474
- Estimated closing costs
- $4,474
Plus your down payment of $79,980. 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
- $102,433
- Principal paid down
- $40,742
- Interest paid
- $61,691
- Balance remaining
- $279,178
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 TONY K REAL ESTATE. MLS®/PropTx.