159 Valera Drive Unit Lower, Hamilton, ON
L8E 4T1
Listed October 22, 2026
About this property
Very clean & spacious lower level - Amazing neighborhood, owner occupied 2 storey, located on a quiet corner lot. Solid home with an entrance from the garage! Two super spacious bedrooms, plus a den, living room, and modern 3-piece bath. Complete with an eat-in kitchenette, stove, fridge, and modern cabinets. Pot lighting and carpet-free! Walk-in shower in the 3-piece bathroom; the living room offers an electric fireplace, a custom, stylish stone feature wall, with surround sound speakers and custom cabinet/shelving. The landlord will allow one garage parking space and one driveway parking space- a comfortable living space close to highways and shopping. The stove has been purchased and will be delivered soon. Egress windows have been ordered and will be installed - looking for a quiet tenant(s) professionals preferred. Tenants to pay 1/3 of utilities -gas, electricity, water, and obtain tenants insurance.
Features
Property Details
Listing
Property
Location
Taxes & Financials
Carrying Costs Calculator
What it could cost each month to rent 159 Valera Drive Unit Lower — rent, utilities, tenant insurance, internet and parking — plus the cash you’ll need to move in. Change any number to match your situation.
Rent
From the listing.
Utilities
The listing says the tenant pays this.
The listing says the tenant pays this.
The listing says the tenant pays this.
Many Ontario homes rent their water heater — add it if the landlord passes it on.
Other monthly costs
Typical in Ontario — many landlords require it.
A typical plan in the area.
Add it if parking costs extra.
Coin laundry, a storage locker or other regular costs.
Moving in
Refundable when you return the keys — ask the landlord for the amount.
A typical local move with movers — less if friends help.
Account opening and installation fees.
Estimated monthly carrying cost
$2,335/mo
About $28,020 a year
- Rent$1,900
- $330
- Tenant insurance$30
- Internet$75
Cash needed to move in
- First month's rent
- $1,900
- Last month's rent deposit
- $1,900
- Key / fob depositRefundable
- $100
- Moving & set-upEstimate
- $1,400
- Total
- $5,300
Your first 12 months
- Rent and monthly costs12 months
- $28,020
- Moving & set-up
- $1,400
- Total
- $29,420
Deposits aren’t an extra cost: the last-month deposit pays your final month and the key deposit comes back when you return the keys.
Planning ahead
- Household income to keep rent + utilities at 30%CMHC's affordability guideline — landlords often use a similar test
- $90,000/yr
- Highest rent at your first renewalOntario's 2027 guideline (1.9%), once a year with 90 days' written notice. Units first lived in after November 15, 2018 aren't capped.
- $1,936/mo
Estimates only — not legal or financial advice. Deposits and rent increases follow Ontario’s Residential Tenancies Act; utilities, insurance, internet and moving costs are typical figures for the area. Confirm what the rent includes with the landlord before you sign.
Location & Walkability
159 Valera Drive Unit Lower, Hamilton, ON
Map data © GoogleOpen in Google Maps ↗
Similar Properties Nearby
View all →
For RentHamilton
$1,900
63 Champlain Avenue Unit 2
For RentHamilton
$1,850
29 Loneoak Crescent
For RentHamilton
$1,950
36 Weathering Heights Unit Bsmt
For RentHamilton
$1,995
80 Irene Avenue Unit D
For RentHamilton
$1,800
3 Applewood Avenue Unit 1
For RentHamilton
$1,800
3 Applewood Avenue Unit 3
Last Updated: October 22, 2026
Listing Office: RE/MAX GARDEN CITY REALTY INC.
This listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association. 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 trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.