49 Myrtle Avenue, Hamilton, ON
St. Clair, Hamilton · MLS® X12701548
About this home
Charming 2.5-Storey Solid Brick Home in Central Hamilton! Welcome to this spacious family home featuring 4 bedrooms and 3 bathrooms. Enjoy a bright, inviting layout with plenty of character throughout. The partially finished basement offers extra living or storage space, while the fully fenced yard provides privacy and a safe play area for children or pets. Relax on the covered front porch overlooking the park-perfect for morning coffee or evening sunsets. Located in a desirable neighbourhood across from a beautiful park, close to schools, shopping, churches, and public transit, with quick access to major highways. Ideal for families or commuters looking for comfort, convenience, and classic charm in the heart of Hamilton! The property offers potential for rear parking access via the back alleyway, see virtually staged photos to show potential for parking. Alleyway has 2 entrances off Myrtle Avenue.
Key facts
- Property type
- Detached, 2 1/2 Storey
- MLS®
- X12701548
- Bedrooms
- 4
- Bathrooms
- 3
- Size
- 1500-2000
- Lot
- 23.17 × 95 ft
- Cross streets
- Main St E / Myrtle Avenue
- Parking
- 0 parking
- Driveway
- Other
- Basement
- Full, Partially Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,758 / 2025
- Days on market
- 183
- Listing brokerage
- RE/MAX ESCARPMENT GOLFI REALTY INC.
Rooms
Carpet Free
4 Pc Bath
3 Pc Ensuite
Ensuite Bath
3 Pc Bath
skylight · sliding doors · w/o to deck
Listed at $509,900, this home is about 25% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $529K, 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 $520K
- Adjusts to $520K
That comparable adjusts to $520K; the $681K estimate above is the median of all 5 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. DELAWARE at MYRTLE is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $681K, median of 5 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.
- 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 4 closest active listings nearby.
See all comparable homesThis home lists 27% below the area average of $399/sqft.
181 days longer than the Hamilton average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
St. Clair, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: DELAWARE at MYRTLE, about 51 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 $407,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,177
- Property tax
- $313
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $2,490
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,673
- Estimated closing costs
- $6,673
Plus your down payment of $101,980. 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
- $130,609
- Principal paid down
- $51,949
- Interest paid
- $78,660
- Balance remaining
- $355,971
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 ESCARPMENT GOLFI REALTY INC.. MLS®/PropTx.