188 Bay Street, Hamilton, ON

$499,000
MLS#:X12908578
3 beds
1 baths
700-1100 sqft
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of Central. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 16.29 x 62.09 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 0.0 total parking spaces available
  • Notable attributes: Carpet Free, Rough-In Bath, Suspended Ceilings
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this meticulously maintained 1872 heritage gem, where historic soul meets a complete modern transformation in the heart of Hamilton's vibrant North End. This fully renovated home offers the ultimate peace of mind, boasting entirely updated plumbing and electrical systems alongside contemporary finishes throughout. Inside, the home's rich history is celebrated with stunning exposed red brick and soaring 9' ceilings, all bathed in an abundance of natural light that pours through the windows all day long. The lifestyle offered by this location is truly second to none, placing you just steps from the TD Coliseum and a short, scenic stroll to the waterfront at Bayfront Park, Pier 4, and Pier 8. Commuters will love the convenience of being within a short walk to the GO Station, while foodies and shoppers are only a 5-minute walk from the renowned restaurants and boutiques of James Street North. With the rare advantage of plenty of street parking available, this move-in-ready residence is the perfect urban retreat for those seeking the character of a 19th-century home without any of the maintenance compromise.

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
Listed Date3/23/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style2-Storey
ConstructionBrick
BasementUnfinished
Lot Size16.29 × 62.09 Feet
CountyHamilton
Annual Tax$3,069.12
Legal DescriptionPt Lt 7 Blk 25 Pl 127 As In Ns234102, T/W Vm27659

Parking & Garage

Parking Spaces0.0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Carpet Free, Rough-In Bath, Suspended Ceilings, Water Heater, Water Heater Owned

Security Features

Community Features

Location

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188 Bay Street, Hamilton, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 188 Bay Street N, Hamilton, ON L8R 2P7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.

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Interest Rate5.25%
Down Payment$24,950 (5.0%)
* Minimum Canadian down payment required for this price is $24,950.
Amortization Period25 Years
Estimated Monthly Payment$2,825Based on a loan of $474,050 over 25 years.
Purchase Price$499,000
Loan Amount$474,050
Provincial Land Transfer Tax:$6,455
Total Estimated Closing Taxes:$6,455

About Purchasing a Home in Hamilton, ON

For a property listed at $499,000 in Hamilton, the legal minimum down payment is $24,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,455 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,455.

Nearby Listings

Distance:

No current listings found in Hamilton.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Central, Hamilton.

Verified Local Data
City Population785,184
City Median Age41.6 Yrs
City Ownership69% Owners
Avg Area List Price$505,420

People & Families

Age Distribution

Household Composition

One-person households
27%
Families with children
45%
Couples without children
27%
Other households
1%

Top Ethnic Origins

English21%
Scottish17%
Irish16%
Canadian13%

Local Schools Guide

Elementary Schools

Hess Street
Public107 Hess Street North, Central, Hamilton, Ontario, L8R 2T1
5.4
Dr. J. Edgar Davey
Public99 Ferguson Avenue North, Beasley, Hamilton, Ontario, L8R 1L6
1.9
Queen Victoria
Public166 Forest Avenue, Corktown, Hamilton, Ontario, L8N 0A5
2.7
Bennetto
Public47 Simcoe Street East, North End East, Hamilton, Ontario, L8L 3N2
3.3
St Lawrence's
PublicMary Street, North End East, Hamilton, Ontario, L8L 3X3
4.8

Secondary Schools

St. Mary’s
Catholic146 Park Street North, Central, Hamilton, Ontario, L8R 2N2
7.2
Georges-P-Vanier
Public100 Macklin Street North, Westdale North, Hamilton, Ontario, L8S 3S1
7.1
Westdale
Public700 Main Street West, Westdale South, Hamilton, Ontario, L8S 1A5
6.7
Cathedral
Public30 Wentworth Street North, Gibson, Hamilton, Ontario, L8L 8H5
4.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied69%
Rented31%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.