$769,900 - 89 Greencedar Drive, Hamilton
Detached for Sale in Hamilton
New — Listed 7 days agoNeighbourhood: Gurnett
- MLS Number
- X13507466
- Property Type
- Detached
- Status
- active
- Days on Site
- 7
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- CENTURY 21 NEW CONCEPT
Beautifully Maintained 3+2 Bedroom Raised Ranch Style Bungalow with Separate Entrance & Income Potential! Welcome to this bright and well-cared-for bungalow, ideally situated in a quiet, family-friendly neighborhood close to top-rated schools, parks, transit, and everyday amenities. The sun-filled main floor features three spacious bedrooms, a beautifully appointed 5-piece bathroom, and charming arched doorways that add character and timeless appeal throughout the home .Enjoy a private backyard complete with a storage shed, offering plenty of space for outdoor enjoyment and additional storage. The lower level is accessed through a separate entrance and offers excellent income potential, featuring two bedrooms, a full kitchen, a spacious living room, laminate flooring through out, and a 4-piece bathroom. The basement is currently tenanted, generating rental incomes.
Estimate your monthly payments for this property
Estimated Payment
$3,949.99/mo
Includes CMHC insurance ($21,480)
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 Gurnett
Gurnett 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 Gurnett
- •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
Gurnett 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.
89 Greencedar Drive, Hamilton
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Rental income estimator & ROI calculator
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 $700/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.
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 Gurnett
I know Gurnett 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 $3,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.