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Centremount, Hamilton
$669,000
Welcome to a rare opportunity to own a versatile, income-generating property in one of Hamilton Mountain's most convenient and rapidly growing communities. Whether you are a first-time home buyer looking to offset your mortgage, an investor seeking strong rental potential, or a family looking for space, flexibility, and location, this home delivers on every level. This is more than just a property-it's a smart investment in your future. Ideally situated in a highly accessible area, this home offers unmatched convenience for everyday living. Families will appreciate being close to a wide selection of reputable schools, while post-secondary access is exceptional with Mohawk College just a short drive away, making it ideal for student rental potential or long-term family planning. Commuters will love the quick access to major transportation routes, including just minutes to the Lincoln M. Alexander Parkway (LINC) and Red Hill Valley Parkway, allowing for seamless travel across the city and easy connections to Highway 403 and beyond. Essential services are all nearby, including Hamilton General Hospital, Juravinski Hospital, walk-in clinics, and medical centres, providing peace of mind for families and tenants alike. Convenience continues with excellent public transit access, making it easy to travel throughout Hamilton without the need for a vehicle. Daily essentials, shopping, restaurants, and services are all within close reach. For lifestyle and recreation, residents can enjoy a variety of nearby parks, green spaces, and walking trails, offering a perfect balance between urban convenience and outdoor living.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 31-50 |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,968 |
| Lot Size | 30 ft x 104.15 ft |
| mls© Number | X13515254 |
| Listed By | RE/MAX REAL ESTATE CENTRE 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%
- $3,424
- Property tax
- $414
- Heat allowance
- $150
- Housing costs
- $3,988 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$123,000
gross annual household income
- Payment at 4%
- $2,815 / mo
- Cash down
- $133,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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