30-130 Southbrook Drive, Hamilton, ON

Binbrook, Hamilton · MLS® X12760012

$529,900
For Sale
Listed 163 days ago
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2Bedrooms
3Bathrooms
1Garage · 2 parking
1000-1199Sq Ft

About this home

Welcome to this beautifully maintained 1+1 bedroom bungalow townhouse nestled in the heart of Binbrook, a community known for its small-town charm and strong sense of connection. Thoughtfully designed for comfortable main-floor living, this home features new wide-plank flooring throughout the main level, creating a warm and inviting atmosphere. The main floor is anchored by a spacious primary suite complete with a walk-in closet and a private ensuite bathroom featuring a walk-in shower, offering both comfort and convenience. The additional bedroom is located in the finished basement, providing an ideal space for guests, a home office, or hobby room, along with a large recreation room perfect for relaxing or entertaining. With three bathrooms, the home offers flexibility and functionality for everyday living. Binbrook is celebrated for its friendly atmosphere, scenic surroundings, and growing amenities, making it a sought-after location for those looking to enjoy a quieter lifestyle without sacrificing convenience. Residents appreciate the nearby parks, walking trails, community centre, and easy access to shopping, schools, and everyday essentials-all just a short drive to Hamilton and major commuter routes. Whether you're right-sizing, a first-time buyer, or seeking low-maintenance living in a welcoming neighbourhood, this bungalow townhouse presents an excellent opportunity to put down roots in one of Hamilton's most desirable communities.

Key facts

Property type
Condo Townhouse, Bungalow
MLS®
X12760012
Bedrooms
2 (1 + 1)
Bathrooms
3 (1 half)
Size
1000-1199
Cross streets
Southbrook Dr. and Binbrook Rd.
Parking
1 garage · 2 parking (built-in)
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Vinyl Siding, Stone
Maintenance
$515/mo
Exposure
North East
Property tax
$3,484 / 2025
Days on market
163
Listing brokerage
KELLER WILLIAMS EDGE REALTY

Rooms

BreakfastMain2.26 × 2.93 m

combined w/kitchen · walk-out

Powder RoomMain1.78 × 1.42 m
BathroomMain1.78 × 2.26 m

3 Pc Ensuite

BedroomMain3.91 × 5.96 m

3 pc ensuite · walk-in closet(s)

Living RoomMain5.67 × 6.60 m

combined w/dining · carpet free

BedroomBasement5.04 × 3.79 m

Walk-In Closet(s)

RecreationBasement4.45 × 8.56 m
BathroomBasement2.68 × 1.85 m

4 Pc Bath

KitchenMain3.53 × 2.93 m

B/I Microwave

Moe’s TakeTeam Asgarian · Broker
In the wider range
$455Kest. value

Listed at $529,900, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. 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 79 similar homes nearby, adjusted for size, beds, and baths.Median of 79 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $533K, 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 $589K
  • Bathrooms +$15K
  • Adjusts to $604K

That comparable adjusts to $604K; the $455K estimate above is the median of all 79 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. GLOVER at MAPLE LEAF is about a 80-minute walk away.

List price
$405KGreat deal$533KOverpriced

Total price vs nearby homes. Fair value about $455K, median of 79 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.
  • Primary suite: a key comfort and resale feature.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$706kavg asking

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

74-98 Sunibel Drive$589k14 Ecker Lane$810k11-20 Kitty Murray Lane$720k

The 3 closest active listings nearby.

See all comparable homes
530kThis home589k810k720kThis home vs active comparables
Live market pulseActive comparables in Hamilton · median list $600K
$482this home / sqft
81active listings nearby
163days on market

This home lists 8% above the area average of $445/sqft.

141 days longer than the Hamilton average (22 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Binbrook, 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

50/ 100

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: GLOVER at MAPLE LEAF, about 6.4 km away

1 grocery18 dining7 parks3 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.

Stoney Creek Mountain
$556K
Broughton
$600K
Quinndale
$477K
Butler
$519K
Vincent
$425K

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
$2,415/mo
$115KIncome needed
4.6×Price ÷ income
$557Weekly 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.

75%mortgage
Mortgage $2,415Property tax $290Condo fee $515Total carry $3,220

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)
$2,262per month

Mortgage amount $423,920 · 4.14% over 25 years

$105,980Down payment (20.0%)
$423,920Loan before insurance
$0CMHC premium
$3,068Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,262
Property tax
$290
Condo / maintenance fees
$515
Heating
$0
Estimated monthly cost
$3,068

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

One-time closing costs

Ontario land transfer tax
$7,073
Estimated closing costs
$7,073

Plus your down payment of $105,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,748/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

$254,738Total interest paid
$678,658Total of all payments
Principal $423,920 Interest $254,738
YearPrincipalInterestBalance
1$9,931$17,215$413,989
2$10,346$16,800$403,643
3$10,779$16,367$392,863
4$11,230$15,916$381,633
5$11,700$15,447$369,934
6$12,189$14,957$357,745
7$12,699$14,447$345,046
8$13,230$13,916$331,815
9$13,784$13,363$318,032
10$14,360$12,786$303,672
11$14,961$12,186$288,711
12$15,587$11,560$273,124
13$16,239$10,908$256,886
14$16,918$10,229$239,968
15$17,625$9,521$222,343
16$18,363$8,784$203,980
17$19,131$8,016$184,849
18$19,931$7,215$164,918
19$20,765$6,382$144,154
20$21,633$5,513$122,520
21$22,538$4,608$99,982
22$23,481$3,666$76,501
23$24,463$2,683$52,038
24$25,486$1,660$26,552
25$26,552$594$0

At the end of your 5-year term

Total paid over the term
$135,732
Principal paid down
$53,986
Interest paid
$81,745
Balance remaining
$369,934

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$3,400/mo
$40,800Gross 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.

7.7%
Gross yield
− Property tax $3,484− Condo fees $6,179− Insurance $600− Vacancy & upkeep $4,488Net operating income $26,049

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

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