197 East 12th Street, Hamilton, ON
Inch Park, Hamilton · MLS® X13528784
About this home
Welcome to 197 East 12th Street! This charming 1-storey home offers an abundance of finished living space, thoughtful updates, and exceptional versatility. The beautifully renovated kitchen and updated main bathroom bring a modern touch, while the functional layout features two bedrooms on the main floor and an oversized third bedroom upstairs, ideal as a spacious primary retreat, home office, or bonus family room. The finished basement features a separate entrance, an additional bedroom, and a kitchenette, offering excellent flexibility for extended family, guests, or in-law living. At the rear of the home, a fully enclosed sunroom with a hot tub hookup provides the perfect space to relax and entertain year-round. Outside, the spacious backyard offers plenty of room for children, pets, gardening, or summer gatherings. Beautifully maintained and full of character, this home is move-in ready while offering incredible potential to make it your own. Conveniently located close to schools, parks, shopping, transit, and major commuter routes, this is an opportunity you won't want to miss!
Key facts
- Property type
- Detached, 1 1/2 Storey
- MLS®
- X13528784
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1500-2000
- Lot
- 41 × 102 ft
- Cross streets
- Brucedale
- Parking
- 4 parking
- Driveway
- Private
- Basement
- Full, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Aluminum Siding
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,235 / 2025
- Days on market
- 11
- Listing brokerage
- ROYAL LEPAGE STATE REALTY
Rooms
3 Pc Bath
Combined w/Dining
4 Pc Bath
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.
Ask Moe if this price is fairOn location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. QUEENSDALE at EAST 13TH is about a 1-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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Income potential
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homes9 days longer than the Hamilton average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Inch Park, 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: QUEENSDALE at EAST 13TH, about 105 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 17, 2026); conventional rates run a little higher.
Mortgage amount $479,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,561
- Property tax
- $353
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $2,914
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,473
- Estimated closing costs
- $8,473
Plus your down payment of $119,980. 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
- $153,662
- Principal paid down
- $61,118
- Interest paid
- $92,544
- Balance remaining
- $418,802
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 ROYAL LEPAGE STATE REALTY. MLS®/PropTx.