Bungalow with separate basement entrances, 5 bedrooms near Eastgate Square

Property details for 245 Glenholme Avenue, Hamilton

Type: Residential
Style: Bungalow
Bedrooms: 5
Bathrooms: 2
Lot Size: 40 x 111 FT
Stories: 1
Basement: Finished, Separate entrance, N/A, N/A
Parking: Detached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold
Annual Taxes: $4,890 (2026)

This brick bungalow packs a lot more than the typical 1,100 sq ft main floor. You're getting 5 bedrooms total, with 2 more downstairs plus a full second kitchen and bathroom down there. It's set up for an in-law suite or rental income. The basement has its own entrance, freshly painted (2026), and there's brand-new vinyl flooring down there too. Main level has 3 beds and a 4-piece bath, with real hardwood floors and new appliances in the kitchen. It's 5 beds and 2 full baths on a 40 x 111 FT lot with a garage and space for 4 cars. The backyard is huge, perfect for a garden or just room to run. Located in East Hamilton, you're 2.7 km from Eastgate Square for shopping, 3 km to Mohawk Sports Park, and about 800 metres from Sir Winston Churchill Secondary School. Commuting is easy with quick access to the QEW and downtown. Priced at $659,000, it's below the neighbourhood median of $600k, but the recent sales are higher, around $735k. It's a solid value for the size and rental potential, though the lot isn't oversized and it's not the flashiest finishes, but it's clean and move-in ready.

About 245 Glenholme Avenue, Hamilton — Property Score

Prime Location Feature Rich Well Priced

Score: 70/100

Value

Priced 22.5% below area median of $849,900 based on 710 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

5 bedrooms - 1 more than similarly priced 4-bedroom homes nearby 72

2 bathrooms - typical for similarly priced properties 60

4,440 sqft lot - a standard lot for the area 65

Location

$74K median household income - near the Canadian average of $70K 67

77% of residents hold postsecondary credentials - a highly educated neighbourhood 85

90% homeownership rate - indicating a stable, owner-occupied community 93

63% of residents commute under 30 minutes - excellent commuter accessibility 80

2,839/km² population density - a well-balanced suburban area 98

Market

Just listed - area average is 89 days on market 100

+3.4% median price change over 1 month - rising prices in the area 67

32.5 months of housing supply - 1757 active listings with 54 sold last month (buyer's market) 40

Features

4-car garage - area average is 4.7 spots 95

Finished, Separate entrance, N/A, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.74% effective tax rate ($4,889/yr) - below the Canadian average of ~1% 78

8% renter population - primarily owner-occupied area 39

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.