Beautifully renovated bungalow in a prime Mountain location directly "Across from Mohawk College"! This turnkey home features modern finishes throughout, no carpet, and a fully finished basement with a separate entrance, second kitchen, two bedrooms, and its own living space-ideal for extended family or potential rental income. Perfect for investors looking to capitalize on strong rental demand from students, healthcare professionals, and nearby hospital staff, or for families seeking a mortgage helper. Conveniently located close to shopping, transit, schools, parks, and major amenities. A rare opportunity offering both comfortable living and excellent income potential. A/C and Furnace 2 yrs new. Roof around 4 yrs new. Hot Water Tank owned. No rental equipment.
3 bedrooms, 3 bathrooms, about 700 sq ft, works out to roughly $713 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 255 West 5th St
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
2 spacesYes garage
Basement
Apartment, Finished with Walk-Out
Features & systems
Parking & garage
Garage
Yes
Parking spaces
2
Interior
Basement
Apartment · Finished with Walk-Out
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
255 West 5th St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14095382$499,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 255 West 5th St Compares to the Hamilton Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,451
/mo
based on the purchase price of $499,000
$99,800 cash
$399,200 financed
$336,231 total interest
Principal54%$399,200
Interest46%$336,231
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Hamilton
Other 2–4 bed homes for sale in Hamilton around $499K.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings2,548Homes for sale here right now.
Median vs prior 90 days−2.3%Compared with Apr 24 – Jul 23, 2026: prices down.
Based on 1,874 sales from Jul 23 – Oct 21, 2026 (1,479 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
255 West 5th St is listed at $499,000 (MLS® X14095382). Summitly updates the price as soon as the MLS® record changes.
Is $499,000 a good price for 255 West 5th St?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Hamilton. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 255 West 5th St changed?
No — 255 West 5th St is still listed at its original asking price of $499,000.
How many bedrooms and bathrooms does 255 West 5th St have?
255 West 5th St has 3 bedrooms and 3 bathrooms, with about 700–1,100 square feet of living space. It is a detached home in Hamilton.
Is 255 West 5th St close to transit?
The nearest rapid-transit station is Hamilton GO Centre GO Station (Lakeshore West GO), about 2.1 km in a straight line. West Harbour GO Station is about 3.6 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 255 West 5th St?
About $2,451 a month — principal and interest on $499,000 with 20% down ($99,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 255 West 5th St compare with other homes in Hamilton?
Its asking price of $499,000 is about 26% below the median sold price in Hamilton over the last 90 days, $675,000, across 1,874 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 255 West 5th St been sold before?
Summitly has no earlier MLS® sale or lease of 255 West 5th St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 255 West 5th St?
255 West 5th St is in Hamilton, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 255 West 5th St been on the market?
2 days — 255 West 5th St was listed on October 19, 2026.
What is the price per square foot of 255 West 5th St?
About $454 to $713 per square foot: the asking price of $499,000 over the 700–1,100 sq ft the listing gives as its size range.
Does 255 West 5th St have parking or a garage?
Yes — the listing gives 2 parking spaces. Garage: Yes.
