Five-Bed Two-Bath Parkview Home with In-Law Suite Potential

Property details for 1873 Main Street E, Hamilton

Type: Residential
Style: Other
Bedrooms: 5
Bathrooms: 2
Living Area: 1,782 square feet
Stories: 2
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Vinyl siding, Brick Veneer
Ownership: Freehold
Annual Taxes: $3,490

Just off Main Street East in Parkview, you're minutes from Eastgate Square and a short walk to Sir Winston Churchill Secondary. This 1951 bungalow w/ 1.5 storeys packs a surprise: five bedrooms, all above grade, plus two full baths across two levels. That's rare, and it's also got a separate kitchen upstairs, so an in-law suite or rental unit has serious potential. The main floor has an eat-in kitchen with new counters, a living room with a big west-facing window, and two bedrooms. Both baths are updated (3pc down, 4pc up), and the upstairs kitchen has its own entrance. Natural light is all over thanks to southern exposure. Vinyl siding and brick veneer keep maintenance low. Parking's a single car at the side, but the lot's 31 feet wide, so there's room if you need more. Interior's in good shape, but you'll want to personalize the 8'4"x9'6" third bedroom upstairs. Finished basement adds flexibility. Priced at 549,900, under the area's 585k median, and it's been sitting about 61 days, so there's negotiability. Schools, shopping, and highway access are all close. This is a solid, honest home for a buyer who sees the potential.

About 1873 Main Street E, Hamilton — Property Score

Well Priced Strong Investment Hot Market

Score: 72/100

Value

Priced 21.4% below area median of $699,900 based on 169 comparable properties nearby 100

$309/sqft - 22% below the $396/sqft area median 100

Stable pricing - no price changes since original listing date 50

Size

1,782 sqft - 35% more space than similarly priced homes (1,323 sqft median) 88

5 bedrooms - 2 more than similarly priced 3-bedroom homes nearby 84

2 bathrooms - typical for similarly priced properties 60

Location

$48K median household income - below the Canadian average of $70K 54

65% of residents hold postsecondary credentials - an above-average education level 75

59% homeownership rate - a balanced mix of owners and renters 71

62% of residents commute under 30 minutes - excellent commuter accessibility 80

4,480/km² population density - a well-balanced suburban area 85

Market

Just listed - area average is 63 days on market 100

+33.3% median price change over 1 month - rising prices in the area 100

38.2 months of housing supply - 1871 active listings with 49 sold last month (buyer's market) 40

Features

1-car parking - area average is 4.8 spots 60

Finished, Full basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

Built in 1951 (75 years old) - established home with character 35

No premium extras like pool, waterfront, or view 50

Investment

0.63% effective tax rate ($3,490/yr) - below the Canadian average of ~1% 81

41% renter population - moderate rental market 80

Quality

Condition

Listing

38 photos provided - consistent with area listings 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.