26 Niagara Street, Hamilton, ON
Industrial Sector, Hamilton · MLS® X12553552
About this home
This property is Ideal for a first time homebuyer or an astute investor looking to add to their portfolio**Approximately $2100 Monthly payment with 5% down payment**100% Financing is also available on this property on approved credit**Great Location close to schools and Hi-way access** Great Bones** Lots of Updates** New Roof (Spring 2025) Warranty Transferable to new owner** New Water Heater (Own) (Summer 2025) Warranty to New Owner** New Furnace (own)(Fall 2025) Warranty also Transferable to new owner**New Fridge & Stove (March 2025) New Kitchen Faucet(Fall 2025) Back Porch Replaced (Summer 2025)**Front Porch Replaced 2019**New Stack and underground pipes.**Old Cast Iron Stack Replaced and Old broken plumbing under basement floor replaced in 2017** updated wiring 200 amp with circuit breakers** Front pad parking**Move in and enjoy Many years ahead of trouble & maintenance - free living** All major work has been done already** It has everything you need to start a family in a solid house in a nice neighbourhood.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- X12553552
- Bedrooms
- 3
- Bathrooms
- 1
- Size
- 700-1100
- Lot
- 24 × 90 ft
- Cross streets
- Wentworth and Burlington St.
- Parking
- 1 parking
- Driveway
- Boulevard, Mutual
- Basement
- Development Potential, Full, Unfinished, Walk-Up
- Heating
- Forced Air
- A/C
- Window Unit(s)
- Exterior
- Aluminum Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $2,200 / 2025
- Days on market
- 242
- Listing brokerage
- RE/MAX ALL-STARS REALTY INC.
Rooms
Broadloom
laminate · w/o to yard
Broadloom
Broadloom
ceramic floor · double sink · window
laminate · large window
Listed at $378,888, this home is about 32% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
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 $353K, higher 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 $420K
- Size difference −$131K
- Bathrooms −$15K
- Adjusts to $274K
That comparable adjusts to $274K; the $287K 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. WENTWORTH at MARS is about a 2-minute walk away.
Total price vs nearby homes. Fair value about $287K, 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.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
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 24% above the area average of $339/sqft.
240 days longer than the Hamilton average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Industrial Sector, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: WENTWORTH at MARS, about 131 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 $303,110 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,618
- Property tax
- $183
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $1,801
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $4,158
- Estimated closing costs
- $4,158
Plus your down payment of $75,778. 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
- $97,051
- Principal paid down
- $38,601
- Interest paid
- $58,449
- Balance remaining
- $264,509
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
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 ALL-STARS REALTY INC.. MLS®/PropTx.