HN
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$729,000

79 Locheed Drive, Hamilton, ON L8T 4L5, Hamilton, ON

Hamilton, ON L8T 4L5
4 beds 2 baths Detached

About this home

Discover an exceptional opportunity to own a beautifully maintained and upgraded home in one of Hamilton's most desirable MOUNTAIN locations. Offering over 2,000 sq ft of total living space, this raised bungalow/backsplit blends character, functionality, and modern comfort ideal for families, professionals, or investors. Generous lot, features large private driveway with parking for up to six cars. The fully fenced backyard offers privacy and space to enjoy, complete with a covered deck, gazebo, garden shed, and fruit trees, perfect for entertaining or relaxing. Potential to add a walkout basement entrance. Bright main level filled with natural light from large windows finished with seamless engineered hardwood floors. Large living room with a formal dining room and an updated kitchen with stainless steel appliances and a walkout to the backyard. Well-sized bedrooms and updated bathrooms, Potential to sperate a room and have and extra room. Fully finished basement adds incredible versatility with a potential to add a separate entrance, making it ideal for in-law living or income potential. It features additional bedrooms, a cozy family room with a fireplace perfect for extended family or multi-functional living. Located just steps from Plaza, parks, schools, shopping, and transit, and the Mountain, this home offers both convenience and lifestyle. With easy highway access and proximity to scenic trails and outdoor attractions, it's perfectly positioned for both daily living and recreation.

Property Score

68/ 100
Overall Property Score
good

A blend of both buyer and investor metrics.

Score breakdown
Walkability
65/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
70/100great
GO Transit, LRT, and bus access from this neighborhood.
Schools
70/100great
Based on local school rankings (Fraser Institute proxy).
Affordability
95% of city avggood
Priced below Hamilton's average of $765,000.
Appreciation Trend
+1.8%/yrgreat
Hamilton has seen +1.8% YoY price change.
Monthly Cash Flow
-$690/mofair
Estimated -$690/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
4.48%great
Net operating income divided by purchase price.
Basement Suite Potential
+$1,440/moexcellent
Existing/legal suite estimated at $1,440/mo additional income.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13060880
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.