199 Kimberly Drive, Hamilton, ON
Rosedale, Hamilton · MLS® X12539602
About this home
Completely restored from the outside walls. Current owners spent hundreds of thousands on restoring this property for their retirement but plans have changed and it is now available. Updates include spray foam insulation, dry wall doors trim, windows, electrical, plumbing, heating ducks, furnace, gas piping, central air, siding, down spouts, sump pump, weeping tile, concrete retaining wall with rod iron fencing, front yard garden wall porch/deck and new concrete double driveway with 5 car parking. This home is loaded with valuable convenient upgrades like both gas and electrical connections to all stoves and clothes dryers. Private corner lot,3+1 bedrooms,3 1/2 bathrooms with large main floor primary bedroom with luxurious large built in clothes closet,4 peace ensuite bathroom and laundry facilities. Perfect for anyone who would like to avoid stairs. Fully finished basement with fully functioning in law suite complete with one bedroom, living room, dining room, kitchen with five appliances, large bathroom with laundry and separate private entrance. High quality materials and workmanship shows fantastic. Located in the Rosedale Community one of Hamilton's "hidden gems" A vibrant family orientated neighbourhood located beneath the escarpment in the King Forest area directly across the street from the Kings Forest Golf Course. Tucked beneath the escarpment with only 4 points to enter traffic is minimal with lots of local activities and amenities like golf course, community center, hockey arena, municipal swimming pool, parks, forest, green space, creek, walking and bike trails, and shopping. This is a fabulous healthy active community, a lovely place to live and raise a family. With easy access to hospitals, schools, The Redhill Expressway, the QEW, the escarpment and the downtown core. This home is loaded with valuable high quality improvements, located in a wonderful community. A must see to appreciate the workmanship and design.
Key facts
- Property type
- Detached, 1 1/2 Storey
- MLS®
- X12539602
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 1100-1500
- Lot
- 59.75 × 76.83 ft
- Cross streets
- Greenhill Road
- Parking
- 5 parking
- Driveway
- Front Yard Parking, Private Double
- Basement
- Apartment, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,172 / 2024
- Days on market
- 247
- Listing brokerage
- RE/MAX ESCARPMENT REALTY INC.
Rooms
Combined w/Living
Window
Combined w/Kitchen
4 Pc Bath
4 pc bath · combined w/laundry · laundry sink
Window
Combined w/Kitchen
4 Pc Ensuite
Window
Listed at $724,900, this home is tracking about 26% 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 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $626K, lower than the comparables and worth a second look.
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 $650K
- Size difference +$286K
- Bedrooms +$30K
- Bathrooms +$45K
- Adjusts to $1.01M
That comparable adjusts to $1.01M; the $977K estimate above is the median of all 6 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. ROSEDALE at GREENHILL is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $977K, median of 6 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Corner lot: more light and frontage, sometimes at the cost of privacy.
- Value driver
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 14% below the area average of $647/sqft.
245 days longer than the Hamilton average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Rosedale, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Somewhat 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.
Some errands on foot, but most trips need a car.
🚉 Nearest transit: ROSEDALE at GREENHILL, about 50 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $579,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,095
- Property tax
- $348
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,442
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $10,973
- Estimated closing costs
- $10,973
Plus your down payment of $144,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $185,680
- Principal paid down
- $73,853
- Interest paid
- $111,827
- Balance remaining
- $506,067
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.
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
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.