83 Barnesdale Avenue, Hamilton, ON

Stipley, Hamilton · MLS® X12941706

$499,000
For Sale
Listed 108 days ago
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3Bedrooms
2Bathrooms
0Parking
1100-1500Sq Ft

About this home

Welcome to this solid-brick 2.5-storey detached home, nestled in the vibrant, evolving Stipley neighbourhood in North Hamilton. Offering an exceptional opportunity for affordable homeownership, this residence combines timeless character with untapped potential, making it an ideal choice for families, professionals, or investors seeking to thrive in a community bursting with possibilities. Boasting three bedrooms and two bathrooms, this well-maintained home features a functional layout that maximizes living space. New The real highlight is the third-floor loft, an unfinished blank canvas ready to be transformed into your dream retreat. The possibilities are endless, whether you envision a luxurious primary suite, a cozy home office, or additional bedrooms. The Stipley district adds to the home's appeal with its vibrant atmosphere. Enjoy the eclectic eateries along the Barton Street strip, explore nearby parks and green spaces, or cheer on your favourite team at Tim Hortons Field, steps away. With the West Harbour GO Station and downtown Hamilton just a short drive away, this location offers unparalleled convenience and connectivity. Don't miss your chance to own a piece of this dynamic neighbourhood. Book your showing today and imagine the possibilities!

Key facts

Property type
Detached, 2 1/2 Storey
MLS®
X12941706
Bedrooms
3
Bathrooms
2 (1 half)
Size
1100-1500
Lot
23.8 × 61.61 ft
Cross streets
Beechwood Ave
Parking
0 parking
Driveway
Street Only
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,033 / 2025
Days on market
108
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Primary BedroomSecond4.75 × 2.65 m
OtherLower3.80 × 9.53 m
Living RoomMain3.76 × 3.47 m
FoyerMain1.99 × 3.16 m
Dining RoomMain2.66 × 3.16 m
LoftThird3.80 × 9.53 m
KitchenMain4.75 × 2.68 m
Bedroom 2Second2.87 × 2.91 m
Bedroom 3Second2.87 × 3.25 m
Moe’s TakeTeam Asgarian · Broker
In the wider range
$492Kest. value

Listed at $499,000, 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 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $498K, 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 $350K
  • Bathrooms +$15K
  • Adjusts to $365K

That comparable adjusts to $365K; the $492K estimate above is the median of all 8 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. BARTON at BARNESDALE is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$420KGreat deal$555KOverpriced

Total price vs nearby homes. Fair value about $492K, median of 8 comparables.

Comparable listingsCurrently listed nearby in Stipley · asking prices
$582kavg asking

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

63 Carrick Avenue$500k39 East Bend Avenue$570k1088 King Street$675k

The 3 closest active listings nearby.

See all comparable homes
499kThis home500k570k675kThis home vs active comparables
Live market pulseActive comparables in Stipley · median list $500K
$384this home / sqft
9active listings nearby
108days on market

This home lists 5% below the area average of $406/sqft.

106 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

Stipley, 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

77/ 100

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: BARTON at BARNESDALE, about 185 m away

20+ transit stops4 grocery20+ dining19 parks20+ 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.

Gibson
$670K
Delta
$729K
Homeside
$593K
Parkview
$500K
Westdale
$1.39M

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
$2,274/mo
$99KIncome needed
5.1×Price ÷ income
$525Weekly 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.

90%mortgage
Mortgage $2,274Property tax $253Total carry $2,527

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)
$2,130per month

Mortgage amount $399,200 · 4.14% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$2,383Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,130
Property tax
$253
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$2,383

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

One-time closing costs

Ontario land transfer tax
$6,455
Estimated closing costs
$6,455

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,587/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

$239,884Total interest paid
$639,084Total of all payments
Principal $399,200 Interest $239,884
YearPrincipalInterestBalance
1$9,352$16,211$389,848
2$9,743$15,820$380,105
3$10,151$15,413$369,954
4$10,575$14,988$359,379
5$11,018$14,546$348,362
6$11,478$14,085$336,883
7$11,958$13,605$324,925
8$12,459$13,105$312,466
9$12,980$12,584$299,486
10$13,523$12,041$285,964
11$14,088$11,475$271,875
12$14,678$10,886$257,198
13$15,292$10,272$241,906
14$15,931$9,632$225,975
15$16,598$8,966$209,377
16$17,292$8,271$192,085
17$18,015$7,548$174,070
18$18,769$6,795$155,301
19$19,554$6,010$135,748
20$20,372$5,192$115,376
21$21,224$4,340$94,152
22$22,112$3,452$72,040
23$23,036$2,527$49,004
24$24,000$1,563$25,004
25$25,004$559$0

At the end of your 5-year term

Total paid over the term
$127,817
Principal paid down
$50,838
Interest paid
$76,979
Balance remaining
$348,362

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$2,300/mo
$27,600Gross annual rent
4.0%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.

5.5%
Gross yield
− Property tax $3,033− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $20,131

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

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