71 Jessica Street, Hamilton, ON
Chappel, Hamilton · MLS® X12722576
About this home
Solid custom-built home in a prime Hamilton Mountain location. The main level features an open-concept design with a spacious kitchen complete with granite countertops and upgraded cabinetry, a dining room with sliding doors leading to the rear yard, a comfortable living room with a gas fireplace, and a convenient bathroom. The second level offers four large bedrooms, including a generous primary bedroom with a walk-in closet, a fire-piece ensuite, and second-floor laundry floor added convenience. The large basement provides excellent future potential with rough-ins in place for a recreation room, additional bedroom, and bathroom. Outside, enjoy a fully fenced backyard featuring a large deck and garden shed- perfect for entertaining or family living. Ideally located closed to schools, parks, public transit, shopping, and quick highway access, this home offers space, comfort, and long-term value in a highly desirable neighbourhood.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- X12722576
- Bedrooms
- 4
- Bathrooms
- 3 (1 half)
- Size
- 2000-2500
- Lot
- 33.33 × 101.71 ft
- Cross streets
- Onyx
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Front Yard Parking, Inside Entry, Private Double
- Basement
- Full, Partially Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,321 / 2025
- Days on market
- 176
- Listing brokerage
- ROYAL LEPAGE STATE REALTY
Rooms
tile floor · 2 pc bath
eat-in kitchen · granite counters · tile floor
fireplace · laminate
5 pc ensuite · walk-in closet(s)
Unfinished
4 Pc Bath
Unfinished
w/o to deck · tile floor
5 pc ensuite · double sink
Unfinished
Listed at $990,000, this home is about 6% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Chappel, so I widened the search to the surrounding area.
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 $1.07M, a close match.
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 $1.08M
- Adjusts to $1.08M
That comparable adjusts to $1.08M; the $1.05M 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. RYMAL at RYMAL SQUARE PLAZA is about a 5-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.05M, 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.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 7 active listings nearby.
See all comparable homesThis home lists 22% below the area average of $563/sqft.
174 days longer than the Hamilton average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Chappel, 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: RYMAL at RYMAL SQUARE PLAZA, about 421 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 $792,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,226
- Property tax
- $610
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,836
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,275
- Estimated closing costs
- $16,275
Plus your down payment of $198,000. 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
- $253,584
- Principal paid down
- $100,861
- Interest paid
- $152,723
- Balance remaining
- $691,139
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 ROYAL LEPAGE STATE REALTY. MLS®/PropTx.