$799,000 - 63 Champlain Avenue, Hamilton
Detached for Sale in Hamilton
New — Listed yesterday- MLS Number
- X13218098
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- ELIXIR REAL ESTATE INC.
Welcome to 63 Champlain Ave, a beautifully maintained detached bungalow in Hamilton's sought-after Greenford community, offering exceptional versatility and income potential. The bright and functional main level features modern finishes and comfortable living spaces, complemented by a fully finished LEGAL 2 BEDROOM BASEMENT APARTMENT with a separate entrance-an ideal setup for generating rental income or accommodating extended family .Set on a generous 50 ft lot with ample parking, this property is perfectly suited for end-users looking to offset mortgage costs as well as investors seeking strong returns. Enjoy quick access to major routes including the QEW, Red Hill Valley Parkway, and Lincoln M. Alexander Parkway, ensuring seamless connectivity. Public transit is highly accessible with a bus stop just a 5-minute walk and Confederation GO Station less than 3 km away.The neighbourhood offers excellent lifestyle convenience with Eastgate Square, major grocery stores, and retail plazas nearby. Dover Park is just steps away, offering playgrounds and recreational amenities . Burlington's lakeshore and Wild Waterworks are both approximately a 15-minute drive, perfect for weekend leisure.A complete package combining location, lifestyle, and income potential-don't miss this opportunity.
Estimate your monthly payments for this property
Estimated Payment
$4,099.28/mo
Includes CMHC insurance ($22,292)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Hamilton
Hamilton is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Hamilton
- •Convenient location in Hamilton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Hamilton offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
63 Champlain Avenue, Hamilton
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1141/sqft, this property is priced above the Hamilton average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Just Listed - Act Strategically
This property hit the market within the last week. In Hamilton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Hamilton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Hamilton.
Investment Perspective
Looking at this as an investment: Hamilton properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.