53 Glover Road, Hamilton, ON

Hannon, Hamilton · MLS® X12858538

$969,900
For Sale
Listed 132 days ago
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4Bedrooms
2Bathrooms
2Garage · 8 parking
2000-2500Sq Ft

About this home

53 Glover Road - European-Inspired Design with In-Law Suite Potential Welcome to 53 Glover Road - a Solid, Meticulously maintained, European-influenced build offering timeless character, functional space, and exceptional multi-generational potential. Situated on an oversized 75 x 200 ft lot bordering the city line, this property offers rare outdoor space and future upside in a highly convenient location. This well-maintained home 5 level side split features 3+1 bedrooms, with additional space in the lower level that could accommodate more bedrooms if desired, offering excellent flexibility for growing families or investors. The main level showcases generous principal rooms, large windows, and a spacious kitchen footprint ready for your personal touch. With strong bones and a traditional layout, this property presents a fantastic opportunity to modernize and add value while preserving its original charm. A standout feature is the separate entrance from the garage to the basement, creating ideal conditions for extended family living or income potential. The lower level offers the layout to support a possible 2-bedroom in-law suite. Set on a generous lot with ample parking and an attached garage, and conveniently located close to schools, parks, shopping, transit, and highway access. Ideal for multi-generational families, renovators, or savvy investors looking to unlock future value - don't miss this opportunity.

Key facts

Property type
Detached, Sidesplit 5
MLS®
X12858538
Bedrooms
4 (3 + 1)
Bathrooms
2
Size
2000-2500
Lot
75.19 × 200.43 ft
Cross streets
Rymal Rd to Glover (Between Trinity Church& Dartnall
Parking
2 garage · 8 parking (attached)
Driveway
Private Double
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Other
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$6,659 / 2025
Days on market
132
Listing brokerage
RE/MAX REAL ESTATE CENTRE INC.

Rooms

Utility RoomBasement5.33 × 6.33 m
BreakfastMain3.49 × 2.51 m
Living RoomMain3.60 × 5.77 m

combined w/dining · hardwood floor

Family RoomLower3.49 × 6.33 m

Hardwood Floor

BedroomLower3.09 × 3.24 m
RecreationLower4.02 × 8.42 m
KitchenMain3.95 × 2.51 m
Dining RoomMain3.37 × 3.95 m

Hardwood Floor

OtherLower2.72 × 2.15 m
Moe’s TakeTeam Asgarian · Broker
Below the wider set
$1.22Mest. value

Listed at $969,900, this home is tracking about 20% 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 60 similar homes nearby, adjusted for size, beds, and baths.Median of 60 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.01M, a bit lower.

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 $1.20M
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $1.15M

That comparable adjusts to $1.15M; the $1.22M estimate above is the median of all 60 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. RYMAL at GLOVER is about a 3-minute walk away.

List price
$970KGreat deal$1.31MOverpriced

Total price vs nearby homes. Fair value about $1.22M, median of 60 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Income potential
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$929kavg asking

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

337 Concession 5 W$999k32 Dalewood Crescent$900k1332 Baseline Road$1.02M51 Forestview Drive$1.05M44 Arthur Avenue$670k

The 5 closest of 8 active listings nearby.

See all comparable homes
970kThis home999k900k1.02M1.05M670kThis home vs active comparables
Live market pulseActive comparables in Hamilton · median list $750K
$431this home / sqft
63active listings nearby
132days on market

This home lists 25% below the area average of $573/sqft.

130 days longer than the Hamilton average (2 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Hannon, 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

53/ 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: RYMAL at GLOVER, about 274 m away

20+ transit stops2 grocery20+ dining4 parks1 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.

Rural Glanbrook
$1.03M
Stoney Creek
$917K
Delta
$729K
Binbrook
$948K
Homeside
$593K

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
$4,420/mo
$190KIncome needed
5.1×Price ÷ income
$1,020Weekly 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.

89%mortgage
Mortgage $4,420Property tax $555Total carry $4,975

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)
$4,141per month

Mortgage amount $775,920 · 4.14% over 25 years

$193,980Down payment (20.0%)
$775,920Loan before insurance
$0CMHC premium
$4,696Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,141
Property tax
$555
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,696

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

One-time closing costs

Ontario land transfer tax
$15,873
Estimated closing costs
$15,873

Plus your down payment of $193,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,029/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

$466,259Total interest paid
$1,242,179Total of all payments
Principal $775,920 Interest $466,259
YearPrincipalInterestBalance
1$18,177$31,510$757,743
2$18,937$30,750$738,805
3$19,730$29,958$719,076
4$20,555$29,132$698,521
5$21,415$28,273$677,106
6$22,310$27,377$654,796
7$23,244$26,444$631,552
8$24,216$25,471$607,337
9$25,229$24,458$582,108
10$26,284$23,403$555,824
11$27,383$22,304$528,441
12$28,529$21,158$499,912
13$29,722$19,965$470,190
14$30,965$18,722$439,224
15$32,261$17,427$406,964
16$33,610$16,077$373,354
17$35,016$14,671$338,338
18$36,481$13,207$301,857
19$38,006$11,681$263,851
20$39,596$10,091$224,255
21$41,252$8,435$183,002
22$42,978$6,709$140,024
23$44,776$4,911$95,248
24$46,649$3,039$48,600
25$48,600$1,087$0

At the end of your 5-year term

Total paid over the term
$248,436
Principal paid down
$98,814
Interest paid
$149,622
Balance remaining
$677,106

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$4,200/mo
$50,400Gross annual rent
3.8%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.

5.2%
Gross yield
− Property tax $6,659− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $36,797

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REAL ESTATE CENTRE INC.. MLS®/PropTx.

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