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New5 days ago

87 Monte Drive

Gershome, Hamilton

$849,000

Detached|2-Storey
3 | 3 | 6
About this home

Welcome to 87 Monte Drive, a well-maintained and updated 3+1 bedroom, 3 bathroom home set on a large, beautifully landscaped corner lot in a quiet, family-friendly Hamilton neighbourhood. Great curb appeal welcomes you with a concrete driveway, double-car garage and covered front porch-a perfect spot to enjoy your morning coffee.Inside, the bright and open main floor is filled with natural light and features hardwood flooring throughout the principal living areas. The open-concept living and dining spaces flow into the updated eat-in kitchen, complete with granite countertops, a large centre island with seating, stainless steel appliances and plenty of cabinetry. Just off the main living area, the separate family room with a wood-burning fireplace provides a warm and comfortable gathering space. A convenient 2-piece powder room completes the main level.Upstairs you'll find three generously sized bedrooms and a 4-piece bathroom. The fully finished lower level adds tremendous versatility with its own separate entrance, spacious recreation room, second kitchen, additional bedroom and 3-piece bathroom...an ideal setup for an in-law suite, extended family or older children looking for their own space.Outside, the landscaped corner lot offers plenty of room to enjoy, including a large concrete patio that's ideal for outdoor entertaining, summer BBQs and family gatherings.Major updates have already been taken care of, including the roof, windows and air conditioning, all updated in 2024, giving the next owners added peace of mind.Offering a double-car garage, finished basement with in-law potential, generous outdoor space and a location that's close to everyday conveniences while still tucked away in a quiet neighbourhood, 87 Monte Drive is ready to move in and enjoy.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$6,700
Lot Size67.99 ft x 136.31 ft
mls© NumberX13675766
Listed ByREAL BROKER ONTARIO LTD.

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%
$4,346
Property tax
$558
Heat allowance
$150
Housing costs
$5,054 / mo

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

Down payment20% · $169,800
25-yr amortization

Income needed

$156,000

gross annual household income

Payment at 4%
$3,573 / mo
Cash down
$169,800

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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