659 Upper Wellington Street, Hamilton, ON

Centremount, Hamilton · MLS® X13515254

$689,000
For Sale
Listed 15 days ago
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5Bedrooms
2Bathrooms
3Parking
700-1100Sq Ft

About this home

Welcome to a rare opportunity to own a versatile, income-generating property in one of Hamilton Mountain's most convenient and rapidly growing communities. Whether you are a first-time home buyer looking to offset your mortgage, an investor seeking strong rental potential, or a family looking for space, flexibility, and location, this home delivers on every level. This is more than just a property-it's a smart investment in your future. Ideally situated in a highly accessible area, this home offers unmatched convenience for everyday living. Families will appreciate being close to a wide selection of reputable schools, while post-secondary access is exceptional with Mohawk College just a short drive away, making it ideal for student rental potential or long-term family planning. Commuters will love the quick access to major transportation routes, including just minutes to the Lincoln M. Alexander Parkway (LINC) and Red Hill Valley Parkway, allowing for seamless travel across the city and easy connections to Highway 403 and beyond. Essential services are all nearby, including Hamilton General Hospital, Juravinski Hospital, walk-in clinics, and medical centres, providing peace of mind for families and tenants alike. Convenience continues with excellent public transit access, making it easy to travel throughout Hamilton without the need for a vehicle. Daily essentials, shopping, restaurants, and services are all within close reach. For lifestyle and recreation, residents can enjoy a variety of nearby parks, green spaces, and walking trails, offering a perfect balance between urban convenience and outdoor living.

Key facts

Property type
Detached, Bungalow
MLS®
X13515254
Bedrooms
5 (3 + 2)
Bathrooms
2
Size
700-1100
Lot
30 × 104.15 ft
Cross streets
Fennell And Brucedal
Parking
3 parking
Driveway
Available, Front Yard Parking
Basement
Apartment, Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Other
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,968 / 2026
Days on market
15
Listing brokerage
RE/MAX REAL ESTATE CENTRE INC.

Rooms

Bedroom 4Basement3.20 × 2.90 m

laminate · closet · 3 pc bath

Great RoomMain6.10 × 3.43 m

combined w/den · laminate · pot lights

KitchenMain4.04 × 3.05 m

granite counters · backsplash · pot lights

LibraryBasement1.50 × 2.00 m

laminate · pot lights

Great RoomBasement4.50 × 3.00 m

window · laminate · pot lights

KitchenBasement4.50 × 2.50 m

granite counters · pot lights · backsplash

Bedroom 3Main3.05 × 3.05 m

laminate · closet · window

Dining RoomMain6.10 × 3.43 m

combined w/great rm · laminate · large window

Bedroom 5Basement3.05 × 2.80 m

laminate · closet · window

Bedroom 2Main3.66 × 3.05 m

closet · laminate · window

Primary BedroomMain4.27 × 4.35 m

large closet · 3 pc bath · laminate

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

This home is a bit unique, so there are not enough closely comparable homes nearby for me to trust an automatic number, and I would rather give you a real one than a wrong one. Tell me you are interested and I will pull the most comparable recent sales and send you a straight answer on price, usually the same day.

On location, this is a very walkable address with everyday errands close by. FENNELL at UPPER WELLINGTON is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$727kavg asking

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

63 Champlain Avenue$700k627 Upper Sherman Avenue$700k618 Upper Ottawa Street$780k

The 3 closest active listings nearby.

See all comparable homes
689kThis home700k700k780kThis home vs active comparables
Live market pulseActive comparables in Centremount · median list $600K
$766this home / sqft
5active listings nearby
15days on market

13 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: FENNELL at UPPER WELLINGTON, about 84 m away

20+ transit stops5 grocery20+ dining19 parks14 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
Westdale
$1.39M
Homeside
$593K
Dundas
$1.05M

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
$3,140/mo
$137KIncome needed
5.0×Price ÷ income
$725Weekly 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.

88%mortgage
Mortgage $3,140Property tax $414Total carry $3,554

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)
$2,941per month

Mortgage amount $551,200 · 4.14% over 25 years

$137,800Down payment (20.0%)
$551,200Loan before insurance
$0CMHC premium
$3,355Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,941
Property tax
$414
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,355

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

One-time closing costs

Ontario land transfer tax
$10,255
Estimated closing costs
$10,255

Plus your down payment of $137,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,573/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

$331,222Total interest paid
$882,422Total of all payments
Principal $551,200 Interest $331,222
YearPrincipalInterestBalance
1$12,913$22,384$538,287
2$13,453$21,844$524,834
3$14,016$21,281$510,819
4$14,602$20,695$496,217
5$15,213$20,084$481,005
6$15,849$19,448$465,156
7$16,512$18,785$448,644
8$17,202$18,094$431,441
9$17,922$17,375$413,519
10$18,672$16,625$394,848
11$19,453$15,844$375,395
12$20,266$15,031$355,129
13$21,114$14,183$334,014
14$21,997$13,300$312,017
15$22,917$12,380$289,100
16$23,876$11,421$265,224
17$24,875$10,422$240,349
18$25,915$9,382$214,434
19$26,999$8,298$187,435
20$28,128$7,168$159,307
21$29,305$5,992$130,001
22$30,531$4,766$99,471
23$31,808$3,489$67,663
24$33,138$2,159$34,524
25$34,524$772$0

At the end of your 5-year term

Total paid over the term
$176,484
Principal paid down
$70,195
Interest paid
$106,289
Balance remaining
$481,005

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$1,450/mo
$17,400Gross annual rent
1.3%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.

2.5%
Gross yield
− Property tax $4,968− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $9,118

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

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