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848 UPPER WELLINGTON Street

Balfour, Hamilton

$689,999

Detached|Bungalow
2 | 2 | 7
About this home

Beautiful solid brick bungalow, perfectly located in the heart of Hamilton Mountain. ATTENTION! ATTENTION! Expansive 600 sq.ft separate detached block garage with its own electrical panel offers the potential to transform live/work home-based business, creative studio, workshop, separate suite, + more! This family home offers close to 2,000sq.ft of total finished living space, with 2+1 beds & 2 full baths, step inside to cherry redwood hardwood floors in the bright living & dining areas, complemented by a large bay window that adds natural light. The separate dining room features custom cabinetry, the kitchen offers granite counters, SS appliances & slate tile floors. The fully finished basement, accessible by a side entrance, incl. a spacious living room, additional bedroom, full 3pc. bath, 5 windows, kitchenette sink, laundry rm and lots of storage - perfect for an in-law suite or rental potential. Laminate flooring and updated finishes add to the appeal. Additional features include a brand-new hot water tank (2026), central air, and updated main-level windows. Outside, the expansive 50x138.8ft lot offers a lush, fully fenced backyard oasis w/ mature trees, a gazebo-covered porch, serene pond waterfall plus extra storage space in shed. With parking for up to 2 vehicles in the garage & 5 on the driveway, there's plenty of space for guests & family. Just minutes to schools, grocery stores, banks, parks, rec centres, Limeridge Mall, and downtown Hamilton's Jackson Square. Convenient access to Hwy 403, the Lincoln Alexander Parkway, and express GO train service to Toronto, plus a short drive to Niagara Falls. Close to McMaster University and Mohawk College, with easy access to major bus routes and GO Transit. Don't miss this incredible opportunity to own a beautiful bungalow home in a prime Mountain location!

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,671
Lot Size50 ft x 138.5 ft
mls© NumberX13170878
Listed ByRE/MAX ESCARPMENT GOLFI REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,532
Property tax
$389
Heat allowance
$150
Housing costs
$4,071 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $138,000
25-yr amortization

Income needed

$125,000

gross annual household income

Payment at 4%
$2,904 / mo
Cash down
$138,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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