142 Sanford Avenue, Hamilton, ON

Gibson, Hamilton · MLS® X12514770

$399,000
For Sale
Listed 254 days ago
Request a showing
◎ Directions
4Bedrooms
2Bathrooms
0Parking
1100-1500Sq Ft

About this home

Welcome home to a beautifully renovated (2024) residence that seamlessly blends modern convenience with classic charm. This 4-bedroom, 2-bathroom home offers an exceptional opportunity for homebuyers looking for a move-in-ready space. Key Features: Modern Renovations: Recently updated to meet contemporary standards, ensuring minimal maintenance and immediate comfort. Spacious Living: Four generously sized bedrooms provide ample space for families or tenants. Functional Layout: The main floor features a convenient bedroom and full bathroom, catering to various living arrangements. Outdoor Space: A sizable backyard offers potential for outdoor entertainment or future enhancements. Prime Location: Educational Proximity: Situated directly across from an elementary school, making it ideal for families. Sports and Recreation: Just steps away from Tim Hortons Field, perfect for sports enthusiasts. Convenient Amenities: Close to parks, hospitals, shopping centers, and a variety of dining options, enhancing everyday living. ***ASK ABOUT RENT TO OWN OPTION, subject to lender approval***

Key facts

Property type
Detached, 1 1/2 Storey
MLS®
X12514770
Bedrooms
4
Bathrooms
2
Size
1100-1500
Lot
25 × 75 ft
Cross streets
Sanford and Huron
Parking
0 parking
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding
Foundation
Stone
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,674 / 2025
Days on market
254
Listing brokerage
EXP REALTY

Rooms

FoyerMain2.05 × 4.12 m
BedroomMain3.22 × 4.12 m

3 Pc Ensuite

Bedroom 3Second2.68 × 2.97 m
Bedroom 2Second3.68 × 3.70 m
KitchenMain2.73 × 3.67 m
Dining RoomMain2.81 × 3.67 m
Living RoomMain3.49 × 4.12 m
Bedroom 4Second2.72 × 4.12 m
Moe’s TakeTeam Asgarian · Broker
Below the wider set
$525Kest. value

Listed at $399,000, this home is tracking about 24% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 22 similar homes nearby, adjusted for size, beds, and baths.Median of 22 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $616K, a bit higher.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $420K
  • Adjusts to $420K

That comparable adjusts to $420K; the $525K estimate above is the median of all 22 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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

List price
$399KGreat deal$582KOverpriced

Total price vs nearby homes. Fair value about $525K, median of 22 comparables.

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
$687kavg asking

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

1 Mahony Avenue$535k305 Weir Street$595k124 Kipling Road$899k13 East 41st Street$720k

The 4 closest active listings nearby.

See all comparable homes
399kThis home535k595k899k720kThis home vs active comparables
Live market pulseActive comparables in Gibson · median list $559K
$307this home / sqft
22active listings nearby
254days on market

This home lists 18% below the area average of $374/sqft.

252 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

Gibson, 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

85/ 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: CANNON at SANFORD, about 119 m away

20+ transit stops7 grocery20+ dining20+ parks20+ 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.

Delta
$729K
Homeside
$593K
Parkview
$500K
Westdale
$1.39M
Stoney Creek
$917K

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
$1,819/mo
$83KIncome needed
4.8×Price ÷ income
$420Weekly 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.

86%mortgage
Mortgage $1,819Property tax $306Total carry $2,125

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)
$1,703per month

Mortgage amount $319,200 · 4.14% over 25 years

$79,800Down payment (20.0%)
$319,200Loan before insurance
$0CMHC premium
$2,010Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,703
Property tax
$306
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$2,010

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

One-time closing costs

Ontario land transfer tax
$4,460
Estimated closing costs
$4,460

Plus your down payment of $79,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,069/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

$191,811Total interest paid
$511,011Total of all payments
Principal $319,200 Interest $191,811
YearPrincipalInterestBalance
1$7,478$12,963$311,722
2$7,791$12,650$303,932
3$8,116$12,324$295,815
4$8,456$11,985$287,359
5$8,810$11,631$278,550
6$9,178$11,262$269,372
7$9,562$10,878$259,810
8$9,962$10,478$249,848
9$10,379$10,062$239,469
10$10,813$9,628$228,656
11$11,265$9,175$217,391
12$11,736$8,704$205,655
13$12,227$8,213$193,428
14$12,739$7,702$180,689
15$13,271$7,169$167,418
16$13,827$6,614$153,591
17$14,405$6,036$139,186
18$15,007$5,433$124,179
19$15,635$4,805$108,544
20$16,289$4,151$92,254
21$16,971$3,470$75,284
22$17,680$2,760$57,603
23$18,420$2,020$39,184
24$19,190$1,250$19,993
25$19,993$447$0

At the end of your 5-year term

Total paid over the term
$102,202
Principal paid down
$40,650
Interest paid
$61,552
Balance remaining
$278,550

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
4.9%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.

6.9%
Gross yield
− Property tax $3,674− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $19,490

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

CallRequest a showing