261 Federal St is a 5-bedroom, 4-bathroom detached home in Hamilton, listed for $1,125,000. It has 3000-3500 sq ft of living space.
1Beautiful custom build in lower Stoney Creek on a massive 320' lot!
2Step into the front hall with a two-storey ceiling and into the open concept main floor with dinning space, updated kitchen and great room; perfect for entertaining.
3The basement was renovated in 2022 to include a separate side entrance to basement apartment featuring 2-bedrooms and 2-full bathrooms with 1 en-suite.
Over 3000 sq ft! Beautiful custom build in lower Stoney Creek on a massive 320' lot! Perfect for families and/or multi-generational homes, this 3+2 bedroom, 4.5 bathroom home has ample space inside and out! Step into the front hall with a two-storey ceiling and into the open concept main floor with dinning space, updated kitchen and great room; perfect for entertaining. Upstairs you'll find 3 sizeable bedrooms, a dedicated laundry room and a primary with en-suite. The basement was renovated in 2022 to include a separate side entrance to basement apartment featuring 2-bedrooms and 2-full bathrooms with 1 en-suite. Double car garage, ample parking and a massive backyard ready to be completed into a backyard oasis!
5 bedrooms, 4 bathrooms, about 3,000 sq ft, works out to roughly $375 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 261 Federal St
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
3000-3500 sq ftas stated on the listing
Parking
6 spacesYes garage
Basement
Apartment, Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
6
Interior
Basement
Apartment · Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
261 Federal St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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
$5,527
/mo
based on the purchase price of $1,125,000
$225,000 cash
$900,000 financed
$758,036 total interest
Principal54%$900,000
Interest46%$758,036
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.
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Similar homes for sale nearby in Hamilton
Other 4–6 bed homes for sale in Hamilton around $1.1M.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio96.9%On average, homes sold below asking.
Active listings2,416Homes for sale here right now.
Median vs prior 90 days−3.0%Compared with May 17 – Aug 15, 2026: prices down.
Based on 1,785 sales from Aug 15 – Nov 13, 2026 (1,563 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
261 Federal St is listed at $1,125,000 (MLS® X13820500). Summitly updates the price as soon as the MLS® record changes.
Is $1,125,000 a good price for 261 Federal St?
Summitly rates it Excellent Deal: the asking price is 10% or more below 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 261 Federal St changed?
Yes — it was first listed at $949,900 and is now $1,125,000, an increase of $175,100 (18.4%).
How many bedrooms and bathrooms does 261 Federal St have?
261 Federal St has 5 bedrooms and 4 bathrooms, with about 3,000–3,500 square feet of living space. It is a detached home in Hamilton.
Is 261 Federal St close to transit?
The nearest rapid-transit station is Confederation GO Station (Lakeshore West GO), about 2.9 km in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 261 Federal St?
About $5,527 a month — principal and interest on $1,125,000 with 20% down ($225,000), 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 261 Federal St compare with other homes in Hamilton?
Its asking price of $1,125,000 is about 67% above the median sold price in Hamilton over the last 90 days, $672,000, across 1,785 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 261 Federal St been sold before?
Summitly has no earlier MLS® sale or lease of 261 Federal St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 261 Federal St?
261 Federal St is in Hamilton, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 261 Federal St been on the market?
51 days — 261 Federal St was listed on September 23, 2026.
What is the price per square foot of 261 Federal St?
About $321 to $375 per square foot: the asking price of $1,125,000 over the 3,000–3,500 sq ft the listing gives as its size range.
Does 261 Federal St have parking or a garage?
Yes — the listing gives 6 parking spaces. Garage: Yes.