5-Bed Fixer-Upper with Solar Panels in East Hamilton

Property details for 689 Burgess Avenue, Hamilton

Type: Residential
Style: Bungalow
Bedrooms: 5
Bathrooms: 2
Living Area: 1,204 square feet
Lot Size: 0.11
Stories: 1
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold
Annual Taxes: $3,908

This 1956 brick bungalow on Burgess Avenue is a solid project for someone with vision. The main floor gives you 1,204 square feet with four bedrooms, a living room, dining room, kitchen, and a 3-piece bath. The primary bedroom is 11'5" x 11'10", and the kitchen is a decent 12'9" x 11'11" for the era. A side door takes you down to a full basement that's mostly unfinished but already has a laundry room, an extra bedroom, and a rough-in for another bathroom. That means you've got five bedrooms total if you finish the space. The lot is 42 feet wide and fenced in the back, with a paved driveway that fits two cars. Solar panels on the roof are a nice bonus - they'll shave your hydro bills. It's not pretty, but it's priced at $479K, which is almost $71K below the median nearby listing price. The place needs updating, but you're getting a lot of space for the money. You're 3 kilometers from Eastgate Square for shopping, 2.8 from Boston Pizza, and it's a quick hop to the QEW. Schools are close too, though Sir Winston Churchill is 2.2 K away. If you're handy or looking to invest, this is worth a look.

About 689 Burgess Avenue, Hamilton — Property Score

Well Priced Great Location Hot Market

Score: 70/100

Value

Priced 26.3% below area median of $650,000 based on 85 comparable properties nearby 100

$398/sqft - 26.3% below the $540/sqft area median 100

Stable pricing - no price changes since original listing date 50

Size

1,204 sqft - 4% more space than similarly priced homes (1,157 sqft median) 63

5 bedrooms - 2 more than similarly priced 3-bedroom homes nearby 84

2 bathrooms - typical for similarly priced properties 60

4,792 sqft lot - a standard lot for the area 65

Location

$64K median household income - near the Canadian average of $70K 62

74% of residents hold postsecondary credentials - a highly educated neighbourhood 82

86% homeownership rate - indicating a stable, owner-occupied community 90

56% of residents commute under 30 minutes - good commuting convenience 75

3,814/km² population density - a well-balanced suburban area 92

Market

Just listed - area average is 63 days on market 100

+33.3% median price change over 1 month - rising prices in the area 100

38.2 months of housing supply - 1871 active listings with 49 sold last month (buyer's market) 40

Features

2-car parking - area average is 4.8 spots 80

Unfinished, Full basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

Built in 1956 (70 years old) - established home with character 35

No premium extras like pool, waterfront, or view 50

Investment

0.82% effective tax rate ($3,907/yr) - below the Canadian average of ~1% 75

14% renter population - primarily owner-occupied area 47

Quality

Condition

Listing

17 photos provided - below the area average of 38 photos 85

7 of 7 key property details provided (100%) - comprehensive listing with excellent detail 95

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.