47 Mountain Park Avenue, Hamilton, ON

Centremount, Hamilton · MLS® X13231300

$999,000
For Sale
Listed 45 days ago
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4Bedrooms
3Bathrooms
1Garage · 3 parking
2000-2500Sq Ft

About this home

EXCEPTIONAL CHARACTER, CENTURY HOME WITH PRIVATE MOUNTAIN TOP VIEWS OF THE CITY AND BEYOND THAT ONLY 22 PEOPLE HAVE!. This AMAZING well maintained home sits at the brim of Hamilton Escarpment, with breathtaking views right out to Lake Ontario including magical sunsets, twinkling stars and the lights of the city from your home. Enjoy morning coffee or evening wine on the large covered porch. Prepare to be wowed when you step inside with the charm and character of this 1905 CIRCA home with all the right updates & conveniences to make it the perfect family home. This home exudes character and elegance with black walnut floors, wood beam ceilings, original banisters, tall baseboards, stained glass and beautiful door trim just to name a few. The main flr offers a Liv Rm w/bay window & FP open to the Din Rm which allows plenty of space for family gatherings or entertaining. The Kitch boasts S/S appliances, plenty of timeless white cabinets and counter space. This floor is complete with a sitting rm w/FP overlooking the breathtaking views & W/O to the backyard, a 3 pce bath and a mud rm with access from your covered parking. Upstairs offers 3 spacious beds, 4 pce bath & a beautiful den/liv rm combo overlooking the city and Lake Ontario. The front bedrm offers a bay window w/great views. The bath will make you feel like you are at the spa everyday with a soaker tub, double sinks and elegant lighting. BONUS 3rd flr could make a perfect master retreat, or an inspiring extra living for hobbies. Outstanding views here again, another 4 pce bath and a kitchenette make it perfect for adult children still at home or in-laws needing their own space. The backyard offers plenty of space to entertain and is another perfect place to enjoy all the views this home has to offer!!! This home checks ALL THE BOXES. It is located in a 10+ neighbourhood, on this exclusive Hamilton brow street, close to all conveniences, great walking. Inspiration, elegance & charm, all in one. MUST SEE!!!!!

Key facts

Property type
Detached, 2 1/2 Storey
MLS®
X13231300
Bedrooms
4
Bathrooms
3
Size
2000-2500
Lot
46.14 × 117.16 ft
Cross streets
Belwood
Parking
1 garage · 3 parking (carport)
Driveway
Private
Basement
Full
Heating
Baseboard
A/C
Window Unit(s)
Exterior
Brick
Foundation
Stone
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,645 / 2025
Days on market
45
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

Dining RoomMain4.32 × 5.41 m
KitchenThird2.72 × 2.24 m
KitchenMain4.27 × 3.10 m
Living RoomThird3.53 × 2.59 m

Combined w/Dining

Living RoomMain3.58 × 4.29 m
SittingMain6.81 × 2.26 m
Bedroom 3Second3.23 × 2.97 m
Primary BedroomThird4.83 × 4.09 m
Primary BedroomSecond4.44 × 3.48 m
FoyerMain2.97 × 2.13 m
Mud RoomMain3.61 × 3.48 m
DenSecond6.81 × 2.26 m
BedroomSecond4.47 × 3.48 m
Moe’s TakeTeam Asgarian · Broker
Below the wider set
$1.48Mest. value

Listed at $999,000, this home is tracking about 33% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

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 $1.15M, lower than the comparables and worth a second look.

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 $600K
  • Size difference +$319K
  • Bedrooms +$30K
  • Bathrooms +$30K
  • Adjusts to $979K

That comparable adjusts to $979K; the $1.48M 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 very walkable address with everyday errands close by. CONCESSION at BELWOOD is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$999KGreat deal$1.51MOverpriced

Total price vs nearby homes. Fair value about $1.48M, median of 5 comparables.

Comparable listingsCurrently listed nearby · asking prices
$764kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

44 Bristol Street$857k32 Dalewood Crescent$900k44 Arthur Avenue$670k218 Grosvenor Avenue$630k

The 4 closest active listings nearby.

See all comparable homes
999kThis home857k900k670k630kThis home vs active comparables
Live market pulseActive comparables in Centremount · median list $600K
$444this home / sqft
5active listings nearby
45days on market

This home lists 24% below the area average of $586/sqft.

43 days longer than the Hamilton average (2 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Centremount, Hamilton, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

71/ 100

Very WalkableA 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.

Most daily errands can be done on foot.

🚉 Nearest transit: CONCESSION at BELWOOD, about 190 m away

20+ transit stops4 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Gibson
$670K
Delta
$729K
Homeside
$593K
Westdale
$1.39M
Parkview
$500K

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

Affordability
$4,553/mo
$202KIncome needed
5.0×Price ÷ income
$1,051Weekly cost
20% down4.79%25-yr amortization

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.

86%mortgage
Mortgage $4,553Property tax $720Total carry $5,274

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

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,265per month

Mortgage amount $799,200 · 4.14% over 25 years

$199,800Down payment (20.0%)
$799,200Loan before insurance
$0CMHC premium
$4,985Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,265
Property tax
$720
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,985

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$16,455
Estimated closing costs
$16,455

Plus your down payment of $199,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,180/monthPayment at the qualifying rate

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

$480,248Total interest paid
$1,279,448Total of all payments
Principal $799,200 Interest $480,248
YearPrincipalInterestBalance
1$18,722$32,455$780,478
2$19,506$31,672$760,972
3$20,322$30,856$740,650
4$21,172$30,006$719,479
5$22,057$29,121$697,422
6$22,980$28,198$674,442
7$23,941$27,237$650,501
8$24,942$26,236$625,559
9$25,986$25,192$599,573
10$27,073$24,105$572,500
11$28,205$22,973$544,295
12$29,385$21,793$514,911
13$30,614$20,564$484,297
14$31,894$19,284$452,402
15$33,229$17,949$419,174
16$34,618$16,560$384,555
17$36,066$15,111$348,489
18$37,575$13,603$310,914
19$39,147$12,031$271,767
20$40,784$10,394$230,983
21$42,490$8,688$188,493
22$44,267$6,910$144,225
23$46,119$5,059$98,106
24$48,048$3,130$50,058
25$50,058$1,120$0

At the end of your 5-year term

Total paid over the term
$255,890
Principal paid down
$101,778
Interest paid
$154,111
Balance remaining
$697,422

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.

Let's connect

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

Rental yield
Estimate$4,200/mo
$50,400Gross annual rent
3.5%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

5.0%
Gross yield
− Property tax $8,645− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $34,811

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.

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