848 UPPER WELLINGTON Street, Hamilton, ON
Balfour, Hamilton · MLS® X13170878
About this home
Beautiful solid brick bungalow, perfectly located in the heart of Hamilton Mountain. ATTENTION! ATTENTION! Expansive 600 sq.ft separate detached block garage with its own electrical panel offers the potential to transform live/work home-based business, creative studio, workshop, separate suite, + more! This family home offers close to 2,000sq.ft of total finished living space, with 2+1 beds & 2 full baths, step inside to cherry redwood hardwood floors in the bright living & dining areas, complemented by a large bay window that adds natural light. The separate dining room features custom cabinetry, the kitchen offers granite counters, SS appliances & slate tile floors. The fully finished basement, accessible by a side entrance, incl. a spacious living room, additional bedroom, full 3pc. bath, 5 windows, kitchenette sink, laundry rm and lots of storage - perfect for an in-law suite or rental potential. Laminate flooring and updated finishes add to the appeal. Additional features include a brand-new hot water tank (2026), central air, and updated main-level windows. Outside, the expansive 50x138.8ft lot offers a lush, fully fenced backyard oasis w/ mature trees, a gazebo-covered porch, serene pond waterfall plus extra storage space in shed. With parking for up to 2 vehicles in the garage & 5 on the driveway, there's plenty of space for guests & family. Just minutes to schools, grocery stores, banks, parks, rec centres, Limeridge Mall, and downtown Hamilton's Jackson Square. Convenient access to Hwy 403, the Lincoln Alexander Parkway, and express GO train service to Toronto, plus a short drive to Niagara Falls. Close to McMaster University and Mohawk College, with easy access to major bus routes and GO Transit. Don't miss this incredible opportunity to own a beautiful bungalow home in a prime Mountain location!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- X13170878
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 50 × 138.5 ft
- Cross streets
- Mohawk Rd/ Upper Wellington St.
- Parking
- 2 garage · 7 parking (detached)
- Driveway
- Private
- Basement
- Separate Entrance, Full, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,671 / 2025
- Days on market
- 54
- Listing brokerage
- RE/MAX ESCARPMENT GOLFI REALTY INC.
Rooms
4 Pc Bath
4 Pc Bath
Combined w/Living
Listed at $689,999, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Balfour, so I widened the search to the surrounding area.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $798K, a bit higher. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $990K
- Adjusts to $990K
That comparable adjusts to $990K; the $695K estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.
Total price vs nearby homes. Fair value about $695K, median of 5 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 7% below the area average of $824/sqft.
52 days longer than the Hamilton average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Balfour, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Almost all errands require a car.
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Hamilton.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.
Mortgage amount $551,999 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,946
- Property tax
- $389
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,335
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $10,275
- Estimated closing costs
- $10,275
Plus your down payment of $138,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $176,740
- Principal paid down
- $70,297
- Interest paid
- $106,443
- Balance remaining
- $481,702
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT GOLFI REALTY INC.. MLS®/PropTx.