306 Templemead Drive, Hamilton

Price: $699,900

5 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13871310

Welcome to 306 Templemead Drive, a spacious and well-maintained bungalow offering 3+2 bedrooms and 2 full bathrooms in a convenient Hamilton Mountain location. The main level features an updated kitchen, bright living spaces and three comfortable bedrooms. With just one step to the bedroom area, the layout offers easy, functional living for a variety of lifestyles. The finished lower level provides even more living space with two additional bedrooms, a full bathroom and plenty of room for a growing family, guests, home office or recreation space. A versatile bungalow with a practical layout, generous living space and numerous updates, all located close to schools, parks, shopping, transit and everyday amenities.

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New Listing
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$699,900 - 306 Templemead Drive, Hamilton

Detached for Sale in Hamilton

New — Listed today

Neighbourhood: Templemead

5Beds
2Baths
700 - 1,099Sq Ft
Detached

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Book a private showing with Joe — pick a day and time that works for you.

Property Details
MLS Number
X13871310
Property Type
Detached
Status
active
Days on Site
0
Bedrooms
5
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Hamilton
Taxes (2026)
$5,279
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Welcome to 306 Templemead Drive, a spacious and well-maintained bungalow offering 3+2 bedrooms and 2 full bathrooms in a convenient Hamilton Mountain location. The main level features an updated kitchen, bright living spaces and three comfortable bedrooms. With just one step to the bedroom area, the layout offers easy, functional living for a variety of lifestyles. The finished lower level provides even more living space with two additional bedrooms, a full bathroom and plenty of room for a growing family, guests, home office or recreation space. A versatile bungalow with a practical layout, generous living space and numerous updates, all located close to schools, parks, shopping, transit and everyday amenities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,590.85/mo

Includes CMHC insurance ($19,527)

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5%10%50%

5-yr fixed avg.

Principal: $629,910Interest: $427,818
Mortgage Amount$649,437
Total Interest$427,818
Est. Property Tax$496/mo
Total Cost$1,077,255

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Templemead

Discover Templemead

Templemead is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Templemead

  • •Convenient location in Hamilton
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

Templemead offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

306 Templemead Drive, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
5.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$2,958

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $1000/sqft, this property is priced in line with current Hamilton market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Hamilton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Hamilton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Hamilton.

About Templemead

I know Templemead well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    306 Templemead Drive, Hamilton | $699,900 | Battaglia Team