8 East 23rd Street, Hamilton, ON
Eastmount, Hamilton · MLS® X12879232
About this home
Welcome to this charming Hamilton Mountain home, a perfect opportunity for first-time buyers or savvy investors looking for something truly move-in ready. Offering 2 bedrooms, 2 bathrooms, and parking for up to 4 vehicles, this home delivers the space and flexibility that's hard to find at this price point. Enjoy your morning coffee on the inviting front porch and spend summer evenings relaxing in the private backyard, ideal for entertaining, gardening, or firing up the BBQ with friends and family. Inside, the home has been thoughtfully updated throughout, creating a fresh and stylish space you can enjoy from day one. The spacious kitchen is truly the heart of the home, featuring generous prep space and plenty of storage, perfect for everyday living and hosting. A separate side entrance leads to a practical mudroom with main-floor laundry, adding convenience to daily life. The partially finished basement offers valuable bonus space that could easily function as a kids' playroom, home office, gym, or cozy rec room. Upstairs, the primary bedroom feels like a private retreat, complete with a beautiful spa-inspired bathroom that makes the space feel like your own getaway. With tasteful updates, flexible living space, and plenty of charm, this is an exciting opportunity to own a detached home and step confidently into the market.
Key facts
- Property type
- Detached, 1 1/2 Storey
- MLS®
- X12879232
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 25 × 127 ft
- Cross streets
- Concession Street
- Parking
- 4 parking
- Driveway
- Private Double, Lane
- Basement
- Partially Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Vinyl Siding
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,428 / 2025
- Days on market
- 126
- Listing brokerage
- RE/MAX ESCARPMENT REALTY INC.
Rooms
Listed at $589,900, this home is tracking about 28% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run 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 29 similar homes nearby, adjusted for size, beds, and baths.Median of 29 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $524K, a bit higher. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $880K
- Bedrooms −$30K
- Adjusts to $850K
That comparable adjusts to $850K; the $462K estimate above is the median of all 29 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. CONCESSION at EAST 22ND is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $462K, median of 29 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.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 10% above the area average of $596/sqft.
124 days longer than the Hamilton average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Eastmount, 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: CONCESSION at EAST 22ND, about 116 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 $471,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,518
- Property tax
- $286
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $2,804
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,273
- Estimated closing costs
- $8,273
Plus your down payment of $117,980. 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
- $151,100
- Principal paid down
- $60,099
- Interest paid
- $91,001
- Balance remaining
- $411,821
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 REALTY INC.. MLS®/PropTx.