361 Cumberland Avenue, Hamilton, ON

Blakeley, Hamilton · MLS® X13481878

$659,999
For Sale
Listed 25 days ago
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3Bedrooms
2Bathrooms
0Parking
1100-1500Sq Ft

About this home

Experience the perfect fusion of 1899 character and modern design in this solid-brick Victorian located in the sought-after Blakeley neighborhood. Fully modernized for ultimate peace of mind, this home boasts newer windows, a 200-amp electrical panel and all-new electrical and plumbing completed in 2024. The interior opens with a striking checkered foyer leading into a sophisticated main floor, anchored by a living room featuring a sleek marble-patterned fireplace surround and elegant matte-black cabinetry. The heart of the home is the chef's kitchen, showcasing premium white appliances, a Black center island with quartz counters, and custom cabinetry with stylish rattan inserts. This space flows seamlessly into a dedicated coffee bar and a sun-drenched dining area with sliding door access to the rear deck. Upstairs, the primary retreat offers a boutique atmosphere with custom wall paneling and gold sconce lighting. The spa-inspired bathroom is a true showstopper, featuring a freestanding soaking tub, a massive black-framed glass shower and a double vanity set against a marble-veined feature wall. The outdoor oasis is designed for entertaining, featuring a multi-tier deck, all framed by custom planters and designer privacy fencing. This move-in ready masterpiece offers a luxury lifestyle and mechanical reliability just steps from Gage Park and Hamilton's best local amenities

Key facts

Property type
Detached, 2-Storey
MLS®
X13481878
Bedrooms
3
Bathrooms
2 (1 half)
Size
1100-1500
Lot
31 × 64 ft
Cross streets
Lorne Ave
Parking
0 parking
Driveway
Other
Basement
Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,653 / 2025
Days on market
25
Listing brokerage
ROYAL LEPAGE STATE REALTY

Rooms

BathroomSecond3.62 × 2.07 m

5 Pc Bath

Bedroom 3Second3.34 × 2.74 m
Primary BedroomSecond4.51 × 2.88 m
Dining RoomMain4.03 × 3.62 m

W/O To Deck

BathroomMain1.54 × 0.75 m

2 Pc Bath

FoyerMain3.96 × 2.72 m
KitchenMain4.02 × 3.03 m
Living RoomMain3.85 × 3.84 m

Electric Fireplace

Bedroom 2Second4.49 × 2.65 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.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. MAPLEWOOD at PROSPECT is about a 4-minute walk away.

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.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$617kavg asking

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

72 Houghton Avenue$600k60 Keith Street$420k325 Queensdale Avenue$830k

The 3 closest active listings nearby.

See all comparable homes
660kThis home600k420k830kThis home vs active comparables
Live market pulseActive comparables in Blakeley · median list $550K
$508this home / sqft
5active listings nearby
25days on market

This home lists 8% above the area average of $469/sqft.

23 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

Blakeley, 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

64/ 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: MAPLEWOOD at PROSPECT, about 286 m away

20+ transit stops1 grocery20+ dining17 parks19 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.

Gibson
$670K
Delta
$729K
Homeside
$593K
Parkview
$526K
Stoney Creek
$917K

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
$3,008/mo
$128KIncome needed
5.2×Price ÷ income
$694Weekly 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.

91%mortgage
Mortgage $3,008Property tax $304Total carry $3,312

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,818per month

Mortgage amount $527,999 · 4.14% over 25 years

$132,000Down payment (20.0%)
$527,999Loan before insurance
$0CMHC premium
$3,122Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,818
Property tax
$304
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,122

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

One-time closing costs

Ontario land transfer tax
$9,675
Estimated closing costs
$9,675

Plus your down payment of $132,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,422/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

$317,281Total interest paid
$845,280Total of all payments
Principal $527,999 Interest $317,281
YearPrincipalInterestBalance
1$12,369$21,442$515,630
2$12,887$20,925$502,743
3$13,426$20,386$489,318
4$13,987$19,824$475,331
5$14,572$19,239$460,758
6$15,182$18,629$445,577
7$15,817$17,994$429,760
8$16,478$17,333$413,281
9$17,168$16,644$396,114
10$17,886$15,925$378,228
11$18,634$15,177$359,594
12$19,413$14,398$340,181
13$20,225$13,586$319,955
14$21,071$12,740$298,884
15$21,953$11,858$276,931
16$22,871$10,940$254,060
17$23,828$9,984$230,233
18$24,824$8,987$205,408
19$25,863$7,949$179,546
20$26,944$6,867$152,601
21$28,072$5,740$124,530
22$29,246$4,565$95,284
23$30,469$3,342$64,815
24$31,744$2,068$33,071
25$33,071$740$0

At the end of your 5-year term

Total paid over the term
$169,056
Principal paid down
$67,241
Interest paid
$101,815
Balance remaining
$460,758

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$2,300/mo
$27,600Gross annual rent
3.0%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.

4.2%
Gross yield
− Property tax $3,653− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $19,511

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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