$999,990 - 71 Margate Avenue, Hamilton
Detached for Sale in Hamilton
New — Listed 5 days agoNeighbourhood: Sherwood
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- MLS Number
- X13857786
- Property Type
- Detached
- Status
- active
- Days on Site
- 5
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Hamilton
- Taxes (2026)
- $7,133
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
Welcome to 71 Margate Avenue, ideally situated just steps from Hamilton's stunning Mountain Brow, Kenilworth Stairs and Bruce Trail! Offering an impressive 1,897 sqft above grade plus an additional 904 sqft of finished basement space, this spacious 2-storey home provides nearly 2,800 sqft of finished living space with plenty of room for the entire family.Featuring 4 bedrooms and 3 bathrooms, the main level offers a large, bright living room highlighted by an impressive floor-to-ceiling window, laminate flooring, an eat-in kitchen,separate dining room, and a cozy den with fireplace. Step outside and enjoy the large covered front porch or retreat to the private backyard, where mature privacy hedges surround a fenced-in inground pool, perfect for summer entertaining and relaxing with family and friends.The fully finished basement adds valuable additional living space and features a separate walk-up entrance to the yard, offering excellent potential for an in-law suite, extended family living, home office, recreation space, or additional accommodations.A double car garage provides convenient inside entry to the home along with a separate exterior door to the side yard, while the 4 car concrete driveway offers plenty of additional parking.With generous storage throughout, multiple living spaces, a private backyard and a highly versatile floor plan, there is plenty of room to make this home your own.All of this in a fantastic Hamilton Mountain location surrounded by some of the city's best outdoor amenities, walking trails, escarpment views and recreation. A wonderful opportunity to enjoy space, versatility and an exceptional location!
Estimate your monthly payments for this property
Estimated Payment
$5,130.47/mo
Includes CMHC insurance ($27,900)
5-yr fixed avg.
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.
Discover Sherwood
Sherwood 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 Sherwood
- •Convenient location in Hamilton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
Sherwood 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.
71 Margate Avenue, Hamilton
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $667/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.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Hamilton. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Sherwood
I know Sherwood 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.