3266 Homestead Drive, Hamilton, ON

Mount Hope, Hamilton · MLS® X12947698

$1,199,900
For Sale
Listed 107 days ago
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4Bedrooms
1Bathrooms
8Parking
1100-1500Sq Ft

About this home

OFFICIAL PLAN DESIGNATED - Attention investors & developers! 84 x 264 ft lot between 3 other parcels of land currently planned for redevelopment , directly across the street from Sonoma Homes subdivision! A once in 50 year opportunity for a qualified purchaser!

Key facts

Property type
Detached, 2-Storey
MLS®
X12947698
Bedrooms
4
Bathrooms
1
Size
1100-1500
Lot
82.5 × 264 ft
Cross streets
Longview Drive
Parking
8 parking
Driveway
Private Double
Basement
Unfinished, Partial Basement
Heating
Forced Air
A/C
Central Air
Exterior
Vinyl Siding
Foundation
Stone
Roof
Metal
Sewer
Sewer
Property tax
$4,153 / 2025
Days on market
107
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

Utility RoomBasement0.00 × 0.00 m
Family RoomMain0.00 × 0.00 m
KitchenMain0.00 × 0.00 m

Eat-in Kitchen

BedroomSecond0.00 × 0.00 m
DenMain0.00 × 0.00 m
Living RoomMain0.00 × 0.00 m
BedroomSecond0.00 × 0.00 m
Dining RoomMain0.00 × 0.00 m
BedroomMain0.00 × 0.00 m
BedroomMain0.00 × 0.00 m

Listing history

  1. Apr 1, 2026Listed$1,199,900

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

This home is a bit unique, so there are not enough closely comparable homes nearby for me to trust an automatic number, and I would rather give you a real one than a wrong one. Tell me you are interested and I will pull the most comparable recent sales and send you a straight answer on price, usually the same day.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. AIRPORT at HOMESTEAD is about a 3-minute walk away.

Comparable listingsCurrently listed nearby · asking prices
$664kavg asking

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

121 King Street$1.40M72 Houghton Avenue$600k23 Edgemont Street$300k60 Keith Street$420k545 Mohawk Road$600k

The 5 closest active listings nearby.

See all comparable homes
1.20MThis home1.40M600k300k420k600kThis home vs active comparables
Live market pulseActive comparables in Mount Hope · median list $880K
$923this home / sqft
5active listings nearby
107days on market

105 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

Mount Hope, 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: AIRPORT at HOMESTEAD, about 260 m away

7 transit stops10 dining3 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
Ancaster
$1.23M
Binbrook
$948K
Westdale
$1.39M
Delta
$729K

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
$5,469/mo
$222KIncome needed
5.4×Price ÷ income
$1,262Weekly 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.

94%mortgage
Mortgage $5,469Property tax $346Total carry $5,815

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)
$5,122per month

Mortgage amount $959,920 · 4.14% over 25 years

$239,980Down payment (20.0%)
$959,920Loan before insurance
$0CMHC premium
$5,469Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,122
Property tax
$346
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,469

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

One-time closing costs

Ontario land transfer tax
$20,473
Estimated closing costs
$20,473

Plus your down payment of $239,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,222/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

$576,827Total interest paid
$1,536,747Total of all payments
Principal $959,920 Interest $576,827
YearPrincipalInterestBalance
1$22,488$38,982$937,432
2$23,428$38,042$914,004
3$24,408$37,062$889,596
4$25,429$36,041$864,167
5$26,493$34,977$837,674
6$27,601$33,869$810,073
7$28,755$32,714$781,317
8$29,958$31,512$751,359
9$31,211$30,258$720,148
10$32,517$28,953$687,631
11$33,877$27,593$653,754
12$35,294$26,176$618,460
13$36,770$24,699$581,689
14$38,308$23,161$543,381
15$39,911$21,559$503,470
16$41,580$19,890$461,890
17$43,319$18,150$418,570
18$45,131$16,338$373,439
19$47,019$14,451$326,420
20$48,986$12,484$277,434
21$51,035$10,435$226,399
22$53,170$8,300$173,229
23$55,394$6,076$117,835
24$57,711$3,759$60,125
25$60,125$1,345$0

At the end of your 5-year term

Total paid over the term
$307,349
Principal paid down
$122,246
Interest paid
$185,103
Balance remaining
$837,674

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
1.6%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.

2.3%
Gross yield
− Property tax $4,153− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $19,011

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

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