$999,990
Hamilton
71 MARGATE Avenue, Hamilton, Ontario, L8T1M7
This 4-bedroom, 3-bathroom home in Hamilton is for sale offering roughly 2,801 sq ft of space. It has been on the market 32 days, fresher than the Hamilton average of 65 days.
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! (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 32 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 32 days, which is 33 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 $999,990, about 11.8× the local median household income of $85,000.
Carrying it typically needs a household income of about $195,333 (20% down, 25-yr amortization, stress-tested) — roughly 130% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8T)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.