659 Upper Wellington Street, Hamilton

Price: $689,000

5 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13515254

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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active
New Listing
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$689,000 - 659 Upper Wellington Street, Hamilton

Detached for Sale in Hamilton

New — Listed 4 days ago

Neighbourhood: Centremount

5Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13515254
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
5
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Hamilton
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

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.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,534.93/mo

Includes CMHC insurance ($19,223)

$
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5%10%50%

5-yr fixed avg.

Principal: $620,100Interest: $421,155
Mortgage Amount$639,323
Total Interest$421,155
Est. Property Tax$488/mo
Total Cost$1,060,478

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.

Ready to get pre-approved?

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Neighbourhood Guide: Centremount

Discover Centremount

Centremount 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 Centremount

  • 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

Centremount 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

659 Upper Wellington Street, 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)
5.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$488
Insurance (est.)-$144
Net Cash Flow+$2,968

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 $984/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 Centremount

I know Centremount 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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    659 Upper Wellington Street, Hamilton | $689,000 | Battaglia Team