223 Rockledge Drive, Hamilton, ON

Rural Glanbrook, Hamilton · MLS® X12972816

$1,087,400
For Sale
Listed 167 days agoNo offer date stated
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3+2Bedrooms
4Bathrooms
2Garage · 4 parking
2000-2500Sq ft

About this home

In short

  • Welcome to this exceptional, nearly new executive detached residence in Hamilton's highly sought-after Hannon community.
  • The open-concept main floor is thoughtfully finished with quartz countertops, extended-height cabinetry, and elegant finishes that create a seamless balance of style...
  • A fully finished 2-bedroom basement with a separate entrance adds incredible value, offering excellent income potential of approximately $1,750/month or the perfect...
  • The property boasts over $80,000 in builder-finished basement upgrades, along with an additional $25,000 in custom enhancements, ensuring a truly turnkey experience.
  • Situated on a premium lot with impressive curb appeal, this home is ideally located close to top-rated schools, parks, shopping, and major highways-providing both...

Welcome to this exceptional, nearly new executive detached residence in Hamilton's highly sought-after Hannon community. Built by an award-winning builder, this stunning Mapleview Model offers the perfect blend of modern design, quality craftsmanship, and premium upgrades throughout.This beautifully designed home features 3 spacious bedrooms plus a versatile second-floor great room-ideal for a growing family, home office, or additional living space. The open-concept main floor is thoughtfully finished with quartz countertops, extended-height cabinetry, and elegant finishes that create a seamless balance of style and functionality.A fully finished 2-bedroom basement with a separate entrance adds incredible value, offering excellent income potential of approximately $1,750/month or the perfect setup for multi-generational living. The property boasts over $80,000 in builder-finished basement upgrades, along with an additional $25,000 in custom enhancements, ensuring a truly turnkey experience.Situated on a premium lot with impressive curb appeal, this home is ideally located close to top-rated schools, parks, shopping, and major highways-providing both convenience and a family-friendly lifestyle.An outstanding opportunity to own a move-in-ready, upgraded home in one of Hamilton's most desirable neighbourhoods. Schedule your private showing today!

Key facts

Property type
Detached, 2-Storey
MLS®
X12972816
Bedrooms
3+2 (5 total)
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
36.07 × 101.93 ft
Cross streets
Cittadella Blvd.
Parking
2 garage · 4 parking (attached)
Driveway
Private Double
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,457 / 2025
Days on market
167
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Rooms

Primary BedroomSecond3.38 × 5.61 m

walk-in closet(s) · 4 pc ensuite

BedroomBasement3.14 × 2.74 m
KitchenMain3.54 × 3.66 m

quartz counter · centre island · open concept

Great RoomSecond5.49 × 5.36 m

Hardwood Floor

BedroomBasement3.23 × 3.57 m
Bedroom 3Second3.05 × 3.96 m
Living RoomMain3.84 × 5.18 m

hardwood floor · open concept

BreakfastMain3.54 × 3.78 m
KitchenBasement3.35 × 2.44 m
Bedroom 2Second4.15 × 3.05 m
Dining RoomMain3.84 × 3.35 m

hardwood floor · open concept

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.05Mlikely sale price

Listed at $1,087,400. Going by how homes in Rural Glanbrook and the wider GTA have actually closed against their asking prices (about 97%, 25 local closings in 90 days), the likely sale price is near $1.05M, if it sells. A realistic range is $988K to $1.19M.

Independent value check: $1.14M. Without looking at the asking price, our model values the home itself about 5% above the ask (homes like it typically land between $1.07M and $1.20M).

List price
$988KBelow recent closings$1.19MAbove recent closings

Total price vs nearby homes. Likely closing about $1.05M, from 25 recent closings in this pocket.

The market behind the math:

25sold nearby · 90 days
$880Kmedian sold price
94%of asking, on average
−11%prices vs a year ago
~40 dayshomes like this take to sell
167days on market so far
$3,441/moest. rent · 14 leases
3.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.7 months of inventory: 6 detached homes for sale in the area against 25 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $483/sqft against an area asking average of $505/sqft.

  • Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. In Rural Glanbrook basements rarely rent out (4 of 29 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the Town of Hamilton.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 25 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $992K. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 25 comparable homes that sold in Rural Glanbrook over the past two years, from 192 closings there.

Neighbourhood & location

Rural Glanbrook, 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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Stoney Creek Mountain
$872K
Delta
$700K
Raleigh
$500K
Stoney Creek
$850K
Crown Point
$470K

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
$4,956/mo
$207KIncome needed
5.3×Price ÷ income
$1,144Weekly cost
$18,223Land transfer tax, one-time (Ontario)
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.

92%mortgage
Mortgage $4,956Property tax $455Total carry $5,411

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,762per month

Mortgage amount $869,920 · 4.39% over 25 years

$217,480Down payment (20.0%)
$869,920Loan before insurance
$0CMHC premium
$5,216Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,762
Property tax
$455
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,216

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

One-time closing costs

Ontario land transfer tax
$18,223
Estimated closing costs
$18,223

Plus your down payment of $217,480. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$5,769/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

$558,595Total interest paid
$1,428,515Total of all payments
Principal $869,920 Interest $558,595
YearPrincipalInterestBalance
1$19,685$37,455$850,235
2$20,559$36,582$829,676
3$21,471$35,669$808,205
4$22,424$34,716$785,780
5$23,419$33,721$762,361
6$24,459$32,682$737,902
7$25,544$31,596$712,358
8$26,678$30,462$685,679
9$27,862$29,278$657,817
10$29,099$28,042$628,719
11$30,390$26,750$598,328
12$31,739$25,402$566,589
13$33,148$23,993$533,442
14$34,619$22,522$498,823
15$36,155$20,985$462,668
16$37,760$19,381$424,908
17$39,436$17,705$385,472
18$41,186$15,955$344,287
19$43,014$14,127$301,273
20$44,923$12,218$256,350
21$46,917$10,224$209,433
22$48,999$8,142$160,435
23$51,173$5,967$109,261
24$53,445$3,696$55,817
25$55,817$1,324$0

At the end of your 5-year term

Total paid over the term
$285,703
Principal paid down
$107,559
Interest paid
$178,144
Balance remaining
$762,361

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
From 14 whole-home leases in Rural Glanbrook$3,441/mo
$41,292Gross annual rent
2.7%Cap rate after taxes and upkeep
$3,219 to $3,613Typical rent range

About the suite: in Rural Glanbrook basements rarely rent out (4 of 29 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 14 whole-home leases in Rural Glanbrook signed at a median of $3,456 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,441. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.8%
Gross yield
− Property tax $5,457− Insurance $1,400− Vacancy & upkeep $4,542Net operating income $29,893

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

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