689 Burgess Avenue, Hamilton, ON

Parkview, Hamilton · MLS® X13487816

$499,000
For Sale
Listed 22 days ago
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5Bedrooms
1Bathrooms
2Parking
1100-1500Sq Ft

About this home

LOOKING FOR A PROJECT? ... Situated in East Hamilton, 689 Burgess Avenue offers an opportunity for renovators, investors, contractors, or buyers ready to roll up their sleeves and transform a property into something special. This 1,204 sq ft brick bungalow provides a solid starting point with a functional layout, generous living space, and plenty of potential for those with vision and creativity. The main level features a living room, kitchen, dining room, 4 bedrooms, and a 3-piece bathroom. A separate side entrance leads to the full basement, which includes laundry, an extra bedroom, storage space, and a rough-in for a future bathroom. The property also features solar panels with a solar inverter, single driveway with parking for 2 vehicles, and a fenced back yard. Located close to public transit, parks, schools, shopping, and with easy highway access, this property combines a convenient location with endless possibilities. Bring your ideas and creativity to unlock the potential of this home. CLICK ON MULTIMEDIA for more.

Key facts

Property type
Detached, Bungalow
MLS®
X13487816
Bedrooms
5 (4 + 1)
Bathrooms
1
Size
1100-1500
Lot
41.67 × 112 ft
Cross streets
Parkdale Ave N/Glow Ave
Parking
2 parking
Driveway
Private
Basement
Full, Separate Entrance, Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,908 / 2025
Days on market
22
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

Utility RoomBasement3.66 × 3.71 m
Bedroom 4Main3.63 × 2.39 m
OtherBasement2.41 × 3.25 m
Dining RoomMain2.51 × 2.95 m
Bedroom 3Main2.41 × 2.59 m
Primary BedroomMain3.61 × 3.48 m
Living RoomMain3.51 × 4.65 m
Bedroom 2Main2.74 × 2.62 m
Bedroom 5Basement4.29 × 3.10 m
BathroomBasement1.68 × 2.54 m

3 Pc Bath

LaundryBasement6.43 × 6.38 m
BathroomMain2.21 × 1.52 m

3 Pc Bath

OtherBasement1.68 × 8.20 m
KitchenMain3.63 × 3.89 m
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. GLOW at BRIGHTON is about a 1-minute walk away.

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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$705kavg asking

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

226 Bel Air Avenue$745k63 Champlain Avenue$700k627 Upper Sherman Avenue$700k618 Upper Ottawa Street$780k6 Beaconsfield Drive$600k

The 5 closest of 8 active listings nearby.

See all comparable homes
499kThis home745k700k700k780k600kThis home vs active comparables
Live market pulseActive comparables in Parkview · median list $630K
$384this home / sqft
5active listings nearby
22days on market

This home lists 35% below the area average of $591/sqft.

20 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

Parkview, 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

55/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: GLOW at BRIGHTON, about 64 m away

20+ transit stops1 grocery15 dining13 parks3 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.

Homeside
$593K
Delta
$729K
Stoney Creek
$917K
Gibson
$670K
Westdale
$1.39M

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
$2,274/mo
$101KIncome needed
4.9×Price ÷ income
$525Weekly 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.

87%mortgage
Mortgage $2,274Property tax $326Total carry $2,600

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)
$2,130per month

Mortgage amount $399,200 · 4.14% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$2,456Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,130
Property tax
$326
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$2,456

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

One-time closing costs

Ontario land transfer tax
$6,455
Estimated closing costs
$6,455

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,587/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

$239,884Total interest paid
$639,084Total of all payments
Principal $399,200 Interest $239,884
YearPrincipalInterestBalance
1$9,352$16,211$389,848
2$9,743$15,820$380,105
3$10,151$15,413$369,954
4$10,575$14,988$359,379
5$11,018$14,546$348,362
6$11,478$14,085$336,883
7$11,958$13,605$324,925
8$12,459$13,105$312,466
9$12,980$12,584$299,486
10$13,523$12,041$285,964
11$14,088$11,475$271,875
12$14,678$10,886$257,198
13$15,292$10,272$241,906
14$15,931$9,632$225,975
15$16,598$8,966$209,377
16$17,292$8,271$192,085
17$18,015$7,548$174,070
18$18,769$6,795$155,301
19$19,554$6,010$135,748
20$20,372$5,192$115,376
21$21,224$4,340$94,152
22$22,112$3,452$72,040
23$23,036$2,527$49,004
24$24,000$1,563$25,004
25$25,004$559$0

At the end of your 5-year term

Total paid over the term
$127,817
Principal paid down
$50,838
Interest paid
$76,979
Balance remaining
$348,362

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$2,300/mo
$27,600Gross annual rent
3.9%Est. cap rate

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 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.

5.5%
Gross yield
− Property tax $3,908− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $19,256

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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