157 East 5th Street, Hamilton, ON

Centremount, Hamilton · MLS® X13556246

$599,990
For Sale
Listed 4 days ago
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3Bedrooms
1Bathrooms
3Parking
1500-2000Sq Ft

About this home

Welcome to this charming, lovingly maintained two-storey home in Hamilton's sought-after Centremount neighbourhood, where comfort, convenience and future potential come together. Offering nearly 1,500 sq ft of bright, inviting living space, this three-bedroom is the perfect place to settle in, grow and create lasting memories. From the moment you step inside, you'll appreciate the warmth of the sun-filled living spaces and the thoughtful updates throughout. Modern flooring, a beautifully refreshed bathroom, newer windows, and a furnace and central air conditioner installed in 2022 offer a move-in-ready experience, while the roof, replaced in 2017, provides added peace of mind. The impressive 162-foot-deep lot is a standout feature, offering a spacious backyard with endless possibilities. Whether you envision summer barbecues, a play space for kids and pets, a beautiful garden retreat, or exploring the potential for an Additional Dwelling Unit (ADU), this property gives you room to dream and grow. The unfinished basement is a blank canvas ready for your vision - create the recreation room, home gym, office or extra storage space you've always wanted. A private driveway with parking for three vehicles makes everyday living even more convenient. Perfectly situated within walking distance of Mohawk College, Upper James Street, parks, schools, shopping, restaurants and public transit, you'll love the ease of having everything you need close to home. Quick access to the LINC and downtown Hamilton also makes commuting simple. Whether you're a first-time buyer, a growing family, or an investor looking for future potential, this move-in-ready home offers the ideal blend of lifestyle, location and opportunity.

Key facts

Property type
Detached, 2-Storey
MLS®
X13556246
Bedrooms
3
Bathrooms
1
Size
1500-2000
Lot
34 × 162 ft
Cross streets
Upper James and Fennel Ave E
Parking
3 parking
Driveway
Private Triple
Basement
Development Potential, Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Asbestos Siding, Other
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,169 / 2025
Days on market
4
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

BathroomSecond0.00 × 0.00 m

4 Pc Bath

FoyerMain3.00 × 1.91 m
Bedroom 2Second3.89 × 2.74 m
Primary BedroomSecond4.60 × 3.48 m
Utility RoomBasement2.72 × 2.31 m
Living RoomMain3.78 × 3.00 m
OfficeMain4.06 × 3.12 m
KitchenMain5.85 × 3.00 m
WorkshopBasement4.80 × 2.72 m
Dining RoomMain4.88 × 3.20 m
Bedroom 3Second3.84 × 3.02 m
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

This home is a bit unique, so there are not enough closely comparable homes nearby for me to trust an automatic number, and I would rather give you a real one than a wrong one. Tell me you are interested and I will pull the most comparable recent sales and send you a straight answer on price, usually the same day.

On location, this is a very walkable address with everyday errands close by. FENNELL at WARREN is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$681kavg asking

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

76 MARGARET Avenue$659k610 Miles Road$855k72 Houghton Avenue$600k156 SIMCOE Street$579k78 Glen Valley Drive$715k

The 5 closest of 8 active listings nearby.

See all comparable homes
600kThis home659k855k600k579k715kThis home vs active comparables
Live market pulseActive comparables in Centremount · median list $670K
$343this home / sqft
5active listings nearby
4days on market

2 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

Centremount, 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

81/ 100

Very 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.

Most daily errands can be done on foot.

🚉 Nearest transit: FENNELL at WARREN, about 134 m away

20+ transit stops5 grocery20+ dining18 parks18 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
Westdale
$1.39M
Delta
$729K
Homeside
$593K
Dundas
$1.05M

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
$2,735/mo
$119KIncome needed
5.0×Price ÷ income
$631Weekly 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.

89%mortgage
Mortgage $2,735Property tax $347Total carry $3,082

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,561per month

Mortgage amount $479,992 · 4.14% over 25 years

$119,998Down payment (20.0%)
$479,992Loan before insurance
$0CMHC premium
$2,909Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,561
Property tax
$347
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$2,909

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

One-time closing costs

Ontario land transfer tax
$8,475
Estimated closing costs
$8,475

Plus your down payment of $119,998. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,111/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

$288,433Total interest paid
$768,425Total of all payments
Principal $479,992 Interest $288,433
YearPrincipalInterestBalance
1$11,245$19,492$468,747
2$11,715$19,022$457,033
3$12,205$18,532$444,828
4$12,715$18,022$432,112
5$13,247$17,490$418,865
6$13,801$16,936$405,063
7$14,379$16,358$390,685
8$14,980$15,757$375,705
9$15,607$15,130$360,098
10$16,260$14,477$343,838
11$16,940$13,797$326,899
12$17,648$13,089$309,250
13$18,386$12,351$290,864
14$19,155$11,581$271,709
15$19,957$10,780$251,752
16$20,791$9,945$230,960
17$21,661$9,076$209,299
18$22,567$8,170$186,732
19$23,511$7,226$163,221
20$24,495$6,242$138,726
21$25,519$5,218$113,207
22$26,587$4,150$86,620
23$27,699$3,038$58,922
24$28,857$1,880$30,064
25$30,064$673$0

At the end of your 5-year term

Total paid over the term
$153,685
Principal paid down
$61,127
Interest paid
$92,558
Balance remaining
$418,865

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
4.7%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.

6.3%
Gross yield
− Property tax $4,169− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $28,073

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.

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