



Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$899,900
Hamilton
48 MARGATE Avenue, Hamilton, Ontario, L8T1M8
This 4-bedroom, 2-bathroom home in Hamilton is for sale offering roughly 1,842 sq ft of space. It has been on the market 50 days, fresher than the Hamilton average of 65 days.
Beautifully maintained 4 level side split in one of the nicest areas of the Hamilton mountain. Located on a quiet street off the prestigious Mountain Brow, this home is situated in a small copse of old growth trees from the original farmland in the area. A mix of original character & updated features provides a sense of comfort the minute you walk through the door. A bright living room with bay window & gas fireplace. A showpiece kitchen with white cabinets, quartz counters, marble backsplash & s/s appliances open to the dining room. Three good sized bedrooms & 4-piece bathroom on the upper floor. The lower level provides space for a home office & den set-up with patio doors to the yard. The lowest level features a cozy rec room, a 4th bedroom, 4-piece bathroom, laundry room & large crawl space for loads of storage. The garage is fully insulated & used as a home gym with inside entry to the home. The private, fully fenced, treed yard will capture you as soon as you walk outside. This is a one-of-a-kind property, where you don’t need to go up north to feel within nature. An insulated workshop with hydro for the hobbyist completes the space, it is 20ft x 12ft. Located in a highly sought-after area close to some of Hamilton Mountain’s best schools, scenic hiking trails, escarpment views overlooking the city & Lake Ontario & numerous amenities. A rare opportunity to own a home with character, versatility & an extraordinary natural setting. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 50 days on market, against an average age of 65 days across the listings currently for sale in this city
This 4-bed single family in Hamilton has been listed for 50 days, which is 15 days fresher than the city average of 65. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $899,900, about 10.6× the local median household income of $85,000.
Carrying it typically needs a household income of about $175,782 (20% down, 25-yr amortization, stress-tested) — roughly 107% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8T)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.