621 Tate Avenue, Hamilton, ON

Parkview, Hamilton · MLS® X13570248

$499,900
For Sale
Listed 1 day ago
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2Bedrooms
2Bathrooms
2Parking
700Sq Ft

About this home

Start your homeownership story in East Hamilton's Parkview neighbourhood. This updated raised bungalow gives first-time buyers a home where the big-ticket work is already done: kitchen and both bathrooms updated in 2020, all new appliances including an induction stove, air conditioning replaced in 2021, and full basement waterproofing with a sump pump completed in 2022. The main floor offers two bedrooms, a 4-piece bath, and a bright living space. The finished lower level adds real flexibility with its own separate side entrance, an open rec room, an office or den, a 2-piece bath, and laundry. Outside, the fenced 39 x 109 ft lot is ready for hosting, with a covered patio, green space, and a shed for storage. A private concrete drive parks two cars. Close to transit and minutes to the QEW, Red Hill Valley Parkway, schools, and shopping, the location keeps commutes short and weekends easy. Move in, unpack, and enjoy.

Key facts

Property type
Detached, Bungalow
MLS®
X13570248
Bedrooms
2
Bathrooms
2 (1 half)
Size
700 sq ft
Lot
39 × 105 ft
Cross streets
Brampton St & Woodward Ave
Parking
2 parking
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Vinyl Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Pool
On Ground
Property tax
$3,098 / 2026
Days on market
1
Listing brokerage
HOUSESIGMA INC.

Rooms

Living RoomMain3.46 × 4.31 m
KitchenMain2.91 × 2.65 m

Eat-in Kitchen

BedroomMain2.42 × 2.99 m
Primary BedroomMain3.46 × 3.07 m
BathroomBasement1.73 × 1.16 m

2 Pc Bath

OfficeBasement2.38 × 3.32 m
RecreationBasement4.07 × 6.69 m
BathroomMain1.68 × 1.92 m

4 Pc Bath

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. 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. WOODWARD at BRAMPTON is about a 3-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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby in Parkview · asking prices
$488kavg asking

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

584 WATERLOO Street$460k614 Waterloo Street$555k735 Dunn Avenue$475k810 Tate Avenue$400k7 Lampton Place$550k

The 5 closest of 6 active listings nearby.

See all comparable homes
500kThis home460k555k475k400k550kThis home vs active comparables
Live market pulseActive comparables in Parkview · median list $550K
$714this home / sqft
6active listings nearby
1days on market

This home lists 19% above the area average of $600/sqft.

1 days faster 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

57/ 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: WOODWARD at BRAMPTON, about 259 m away

20+ transit stops2 grocery20+ dining10 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
$2,278/mo
$99KIncome needed
5.1×Price ÷ income
$526Weekly 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.

90%mortgage
Mortgage $2,278Property tax $258Total carry $2,537

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)
$2,134per month

Mortgage amount $399,920 · 4.14% over 25 years

$99,980Down payment (20.0%)
$399,920Loan before insurance
$0CMHC premium
$2,392Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,134
Property tax
$258
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$2,392

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

One-time closing costs

Ontario land transfer tax
$6,473
Estimated closing costs
$6,473

Plus your down payment of $99,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,592/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

$240,316Total interest paid
$640,236Total of all payments
Principal $399,920 Interest $240,316
YearPrincipalInterestBalance
1$9,369$16,241$390,551
2$9,761$15,849$380,791
3$10,169$15,441$370,622
4$10,594$15,015$360,027
5$11,037$14,572$348,990
6$11,499$14,110$337,491
7$11,980$13,629$325,511
8$12,481$13,128$313,030
9$13,003$12,606$300,027
10$13,547$12,062$286,479
11$14,114$11,496$272,366
12$14,704$10,905$257,661
13$15,319$10,290$242,342
14$15,960$9,649$226,382
15$16,628$8,982$209,755
16$17,323$8,286$192,432
17$18,048$7,562$174,384
18$18,803$6,807$155,581
19$19,589$6,020$135,992
20$20,408$5,201$115,584
21$21,262$4,347$94,322
22$22,151$3,458$72,170
23$23,078$2,531$49,092
24$24,043$1,566$25,049
25$25,049$560$0

At the end of your 5-year term

Total paid over the term
$128,047
Principal paid down
$50,930
Interest paid
$77,117
Balance remaining
$348,990

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
2.2%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.

3.5%
Gross yield
− Property tax $3,098− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $10,988

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

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