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Sherwood, Hamilton
$999,990
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!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 51-99 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $7,133 |
| Lot Size | 60.4 ft x 110.2 ft |
| mls© Number | X13857786 |
| Listed By | RE/MAX ESCARPMENT REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,118
- Property tax
- $594
- Heat allowance
- $150
- Housing costs
- $5,863 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$180,000
gross annual household income
- Payment at 4%
- $4,208 / mo
- Cash down
- $199,998
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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