Hill Park · L9A 4K4
$699,900
$1,000 / sq ft5 months on market
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Welcome to 391 East 16th Street-The Perfect Mortgage Helper on Hamilton Mountain!Nestled in a quiet cul-de-sac in a highly sought-after neighborhood, this charming 3-bedroom bungalow offers a brilliant opportunity for smart homeownership: live comfortably on the main level while the fully equipped basement suite helps pay your mortgage.Your Main Floor SanctuaryThe bright and inviting main floor is completely move-in ready and designed for comfortable living. It features three spacious bedrooms flooded with natural light, offering a highly functional layout that is perfect for relaxing, working from home, or starting a family.The Income SuiteMaximize your investment with the fully finished lower level. Complete with a private, separate entrance, a second kitchen, and a large living area, this space is perfectly laid out to attract a quality tenant. It's a turnkey setup for generating reliable rental income to offset your living expenses.Outdoor Living & LocationSet on a generous pie-shaped lot, the property offers a fantastic backyard space for gardening, entertaining, or simply unwinding. A covered concrete patio allows you to enjoy the outdoors regardless of the weather, while the detached garage provides secure parking and extra storage.Because it sits in a peaceful cul-de-sac with minimal traffic, this home provides a quiet haven while still keeping you close to everything. You are just minutes away from schools, parks, shopping, public transit, and major highways for an easy commute.Lovingly maintained with quality finishes, 391 East 16th Street is a rare find that combines a wonderful place to live with a savvy financial advantage. Don't miss your chance to own this gem!
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 60% of comparable detached listings in Hill Park are asking less.
Based on 10 comparable active detached listings in Hill Park. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $699,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of RE/MAX ESCARPMENT REALTY INC.
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Listing courtesy of RE/MAX ESCARPMENT REALTY INC.
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Listing courtesy of ROYAL LEPAGE CERTIFIED REALTY
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Listing courtesy of MICHAEL ST.JEAN REALTY INC.