689 Burgess Avenue, Hamilton

Price: $499,000

5 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13487816

LOOKING FOR A PROJECT? ... Situated in East Hamilton, 689 Burgess Avenue offers an opportunity for renovators, investors, contractors, or buyers ready to roll up their sleeves and transform a property into something special. This 1,204 sq ft brick bungalow provides a solid starting point with a functional layout, generous living space, and plenty of potential for those with vision and creativity. The main level features a living room, kitchen, dining room, 4 bedrooms, and a 3-piece bathroom. A separate side entrance leads to the full basement, which includes laundry, an extra bedroom, storage space, and a rough-in for a future bathroom. The property also features solar panels with a solar inverter, single driveway with parking for 2 vehicles, and a fenced back yard. Located close to public transit, parks, schools, shopping, and with easy highway access, this property combines a convenient location with endless possibilities. Bring your ideas and creativity to unlock the potential of this home. CLICK ON MULTIMEDIA for more.

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$499,000 - 689 Burgess Avenue, Hamilton

Detached for Sale in Hamilton

Popular Listing

Neighbourhood: Parkview

5Beds
1Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13487816
Property Type
Detached
Status
active
Days on Site
8
Bedrooms
5
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

LOOKING FOR A PROJECT? ... Situated in East Hamilton, 689 Burgess Avenue offers an opportunity for renovators, investors, contractors, or buyers ready to roll up their sleeves and transform a property into something special. This 1,204 sq ft brick bungalow provides a solid starting point with a functional layout, generous living space, and plenty of potential for those with vision and creativity. The main level features a living room, kitchen, dining room, 4 bedrooms, and a 3-piece bathroom. A separate side entrance leads to the full basement, which includes laundry, an extra bedroom, storage space, and a rough-in for a future bathroom. The property also features solar panels with a solar inverter, single driveway with parking for 2 vehicles, and a fenced back yard. Located close to public transit, parks, schools, shopping, and with easy highway access, this property combines a convenient location with endless possibilities. Bring your ideas and creativity to unlock the potential of this home. CLICK ON MULTIMEDIA for more.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

$
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5%10%50%

5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

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: Parkview

Discover Parkview

Parkview 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 Parkview

  • 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

Parkview 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

689 Burgess Avenue, 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)
7.6%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$3,143

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

Competitive Pricing

At $454/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

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.

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 Parkview

I know Parkview 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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    689 Burgess Avenue, Hamilton | $499,000 | Battaglia Team