$849,000 - 87 Monte Drive, Hamilton
Detached for Sale in Hamilton
Popular ListingNeighbourhood: Gershome
- MLS Number
- X13675766
- Property Type
- Detached
- Status
- active
- Days on Site
- 9
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
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.
Estimate your monthly payments for this property
Estimated Payment
$4,355.81/mo
Includes CMHC insurance ($23,687)
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 Gershome
Gershome 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 Gershome
- •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
Gershome 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.
87 Monte Drive, 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 $566/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.
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 Gershome
I know Gershome 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.
Investment Perspective
Looking at this as an investment: Hamilton properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,538 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.