$419,900
23 Frederick Avenue
Hamilton (Crown Point), Ontario
2bed1bath
RE/MAX REAL ESTATE CENTRE INC.
MLS® X12985402
detached in Hamilton (Crown Point)
Browse 24 active listings
Market Analysis
In the Crown Point neighborhood of Hamilton, the detached home market attracts a diverse range of buyers. Young families looking for affordable starter homes find this area appealing due to its excellent community amenities and schooling options, such as St. Lawrence Catholic Elementary School and Queen Victoria School. Additionally, first-time buyers and professionals appreciate the proximity to downtown Hamilton, where vibrant work and entertainment hubs flourish. Retirees also consider the area for its quieter lifestyle, affordability, and easy access to parks like Gage Park and the nearby Bruce Trail for leisurely walks and outdoor activities. The lifestyle in Crown Point is characterized by a strong sense of community, with residents often engaging in local events and enjoying the various cafes and shops along Ottawa Street. This eclectic mix of buyers fosters a vibrant neighborhood that balances the charm of historic homes with modern amenities.
Price Insights
Under $500,000, buyers in Crown Point can expect to find a variety of detached homes that range in style and size. On average, homes are priced at $437,151, with a median price of $459,000, providing an excellent opportunity for homeownership. For this price bracket, one can find charming bungalows with two to three bedrooms, often featuring well-kept yards and ample parking. Detached homes along streets like Birch Avenue and Lawrence Road showcase classic architecture, while many have been updated to modern standards. Buyers might also discover properties that offer potential for renovation, allowing them to add personal touches and increase the home's value over time, which is an attractive prospect for many in this market segment.
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About This Property Type
Detached homes in Crown Point typically feature character-filled designs with a mix of traditional and contemporary styles. Most commonly, buyers can expect to find one-and-a-half to two-storey homes with brick exteriors, large front porches, and spacious backyards ideal for family gatherings or gardening pursuits. Many properties come equipped with finished basements, offering additional living space for growing families or potential rental income. The layout of these homes emphasizes functionality, often providing three to four bedrooms and multiple bathrooms that cater well to family life. Additionally, many of these properties boast large windows that invite natural light, creating warm and inviting interiors that appeal to a range of buyers.
Location Highlights
Crown Point is a blossoming neighborhood known for its rich cultural tapestry and strong sense of community. Located just east of downtown Hamilton, it enjoys easy access to public transit options, including the HSR bus routes along Main Street and King Street, making commuting a breeze. Local amenities are plentiful, with grocery stores, cafes, and boutiques lining Ottawa Street. The area is also home to several parks, such as Gage Park, which features beautiful gardens and playgrounds, and the nearby Confederation Park, perfect for outdoor activities and family outings. The vibrant arts scene is supported by community events held throughout the year, highlighting local artisans and businesses—making Crown Point a neighborhood where residents take pride in their surroundings.
Investment Advice
Purchasing a detached home in Crown Point can be a savvy investment decision. Given the current balanced market conditions and an average price of $437,151, buyers are likely to see steady appreciation in property values. The demand for homes in this area remains strong due to its appealing lifestyle, community amenities, and continued revitalization of the Hamilton region. Moreover, with ongoing developments in Hamilton, including infrastructure improvements and new businesses opening up, investing in a detached home now may result in significant returns over time. As Crown Point continues to grow, early adopters will likely benefit from increased property valuations, making this an opportune moment for buyers to enter the market.
Buying Tips
For those considering purchasing a detached home in Crown Point, it's essential to prioritize your must-haves versus nice-to-haves. Consider factors such as the number of bedrooms, proximity to schools and parks, and potential for future renovations. Research specific streets like Birch Avenue, where you may find homes with larger lots perfect for family activities. Additionally, working with a local real estate agent can provide valuable insights into the neighborhood and help navigate the competitive market. Attend open houses to get a feel for the properties and neighborhoods, and don't forget to inspect the home thoroughly. Look for signs of wear and tear that could signal future maintenance needs, as this will help you make an informed decision before finalizing your purchase.
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Frequently Asked Questions About Hamilton (Crown Point)
How many detached homes are for sale in Hamilton (Crown Point)?
There are currently 24 detached homes listed for sale in Hamilton (Crown Point) on this site. Listings are updated multiple times per day from CREA's DDF®.
How often are detached listings updated in Hamilton (Crown Point)?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.