355 Cumberland Avenue, Hamilton, ON

Blakeley, Hamilton · MLS® X13500864

$499,900
For Sale
Listed 19 days ago
3Bedrooms
1Bathrooms
1Garage
1500-2000Sq Ft

About this home

This bright and inviting 2.5-storey solid brick detached home is located in Hamilton's highly sought-after Blakely neighbourhood and sits on a 28 ft x 64 ft lot. Known for its friendly sense of community, the area is especially popular with young families and long-time residents alike. A charming covered front porch welcomes you home and offers the perfect place to enjoy the warm neighbourhood atmosphere where front porch conversations are part of daily life. Inside, the welcoming foyer opens to the wood staircase accented by a beautiful stained glass window. A warm blend of original wood character and some thoughtful updates. Filled with natural light, featuring wood-and-glass bi-fold doors connecting the foyer to the living room, and matching doors between the kitchen and dining room. The kitchen features white cabinetry, pot lights, a gas stove, a double sink, and convenient access to the rear yard. Designed with family living in mind, the functional layout is mostly carpet-free, with brand new carpeting found in the primary bedroom. The home offers three bedrooms plus a versatile loft space ideal for a playroom, home office, or cozy family room. A full bathroom is complemented by a rough-in for a second bathroom in the basement. Updated windows on the main and second floors, and a private garage parking for one car (garage door approximately 6'-2" x 5'-4" HxW). Conveniently located close to public transit and within walking distance to Gage Park, which features a tropical greenhouse, playground, splash pad, pump track, Children's Museum, and offers easy access to the Wentworth Stairs. This home offers an exceptional blend of lifestyle, character, and location, making it a place you'll be proud to call home.

Key facts

Property type
Detached, 2 1/2 Storey
MLS®
X13500864
Bedrooms
3
Bathrooms
1
Size
1500-2000
Lot
28 × 64 ft
Cross streets
Cumberland and Lorne Ave
Parking
1 garage (detached)
Driveway
None
Basement
Unfinished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Other
Foundation
Stone
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,644 / 2025
Days on market
19
Listing brokerage
KELLER WILLIAMS EDGE REALTY

Rooms

Living RoomMain3.97 × 3.85 m

Hardwood Floor

OtherBasement2.85 × 1.90 m

Separate Room

Bedroom 3Second3.36 × 2.69 m

Carpet Free

OtherBasement7.68 × 6.44 m

Combined w/Laundry

FoyerMain3.39 × 1.86 m

Hardwood Floor

Dining RoomMain4.12 × 3.51 m

Hardwood Floor

Bedroom 2Second4.39 × 2.72 m

Carpet Free

Primary BedroomSecond4.48 × 2.94 m

Carpet Free

LoftThird6.43 × 3.19 m

Carpet Free

KitchenMain4.58 × 3.09 m

w/o to yard · double sink

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. 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 opposite SPRINGER 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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$733kavg asking

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

218 Grosvenor Avenue$630k44 Arthur Avenue$670k32 Dalewood Crescent$900k

The 3 closest active listings nearby.

See all comparable homes
500kThis home630k670k900kThis home vs active comparables
Live market pulseActive comparables in Blakeley · median list $600K
$286this home / sqft
5active listings nearby
19days on market

17 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 opposite SPRINGER, about 284 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
$2,278/mo
$107KIncome needed
4.7×Price ÷ income
$526Weekly 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.

83%mortgage
Mortgage $2,278Property tax $470Total carry $2,749

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)
$2,134per month

Mortgage amount $399,920 · 4.14% over 25 years

$99,980Down payment (20.0%)
$399,920Loan before insurance
$0CMHC premium
$2,604Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,134
Property tax
$470
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$2,604

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

One-time closing costs

Ontario land transfer tax
$6,473
Estimated closing costs
$6,473

Plus your down payment of $99,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,592/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

$240,316Total interest paid
$640,236Total of all payments
Principal $399,920 Interest $240,316
YearPrincipalInterestBalance
1$9,369$16,241$390,551
2$9,761$15,849$380,791
3$10,169$15,441$370,622
4$10,594$15,015$360,027
5$11,037$14,572$348,990
6$11,499$14,110$337,491
7$11,980$13,629$325,511
8$12,481$13,128$313,030
9$13,003$12,606$300,027
10$13,547$12,062$286,479
11$14,114$11,496$272,366
12$14,704$10,905$257,661
13$15,319$10,290$242,342
14$15,960$9,649$226,382
15$16,628$8,982$209,755
16$17,323$8,286$192,432
17$18,048$7,562$174,384
18$18,803$6,807$155,581
19$19,589$6,020$135,992
20$20,408$5,201$115,584
21$21,262$4,347$94,322
22$22,151$3,458$72,170
23$23,078$2,531$49,092
24$24,043$1,566$25,049
25$25,049$560$0

At the end of your 5-year term

Total paid over the term
$128,047
Principal paid down
$50,930
Interest paid
$77,117
Balance remaining
$348,990

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
5.3%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.

7.6%
Gross yield
− Property tax $5,644− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,598

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

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