55 Tews Lane, Hamilton, ON

Greensville, Hamilton · MLS® X13030318

$3,865,000
For Sale
Listed 86 days ago
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6Bedrooms
6Bathrooms
5Garage · 14 parking
3500-5000Sq Ft

About this home

An exceptional estate residence set within one of Dundas' most prestigious enclaves. Gracefully positioned on a pristine, professionally landscaped 1.5 acre property backing onto the protected conservation lands of Tews Falls, this remarkable bungalow offers over 4,020 sq ft of refined main-level living. A separate, elegantly appointed cabana adds 1,034 sq ft, including 640 sq ft of fully finished space with a private bedroom, bathroom, kitchen, and heated flooring-ideal for guests or extended family. Meticulously crafted with the finest materials and finishes, every detail reflects timeless sophistication. Soaring coffered ceilings (10-13 ft) create striking architectural presence, while expansive principal rooms flow seamlessly beneath custom millwork, oversized baseboards, intricate crown mouldings, and designer lighting. The chef's kitchen is an entertainer's showpiece, featuring top-tier appliances, bespoke cabinetry, and an oversized island. The main level offers four spacious bedrooms, including an opulent primary suite with dual walk-in closets, serene garden views, and a spa-inspired ensuite with heated flooring. The partially finished lower level (approx. 3,000 sq ft, with 1,500 sq ft finished) includes a fifth bedroom, living area, private gym, and a separate side entrance-ideal for extended family or added flexibility-finished to the same elevated standard with wide-plank flooring, custom built-ins, and premium fixtures. Outdoors, enjoy a private putting green, mature trees, and breathtaking conservation views. A four-season sunroom allows year-round enjoyment, while a multi-bay garage accommodates up to five vehicles. Recently enhanced with high-end upgrades, this distinguished estate offers a rare blend of luxury, privacy, and natural beauty.

Key facts

Property type
Detached, Bungalow
MLS®
X13030318
Bedrooms
6 (5 + 1)
Bathrooms
6 (1 half)
Size
3500-5000
Lot
101 × 387 ft
Cross streets
Harvest/Old Brock Rd
Parking
5 garage · 14 parking (attached)
Basement
Separate Entrance, Full, Partially Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete, Poured Concrete
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$16,227 / 2025
Days on market
86
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

BathroomGround0.00 × 0.00 m

3 Pc Bath

KitchenGround5.94 × 4.57 m
Bedroom 2Ground3.71 × 3.81 m
BathroomGround0.00 × 0.00 m

3 Pc Bath

Primary BedroomGround6.10 × 4.72 m
BathroomGround0.00 × 0.00 m

5 Pc Ensuite

BathroomFlat0.00 × 0.00 m

3 Pc Bath

Family RoomGround7.77 × 5.49 m
Bedroom 3Ground4.52 × 4.42 m
Dining RoomGround4.42 × 3.66 m
Living RoomGround4.72 × 3.66 m
RecreationBasement5.79 × 4.27 m
BathroomGround0.00 × 0.00 m

2 Pc Bath

OfficeGround3.66 × 3.66 m
BathroomGround0.00 × 0.00 m

4 Pc Bath

Bedroom 4Ground3.96 × 3.66 m
Moe’s TakeTeam Asgarian · Broker
Above the wider set
$2.92Mest. value

Listed at $3,865,000, this home is tracking about 32% 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.

Priced above comparable homes overall, but the price per square foot ($909/sqft) is below the area, so you are paying for extra space rather than a premium.

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 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.13M, 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 $1.70M
  • Size difference +$673K
  • Bedrooms +$30K
  • Bathrooms +$45K
  • Adjusts to $2.44M

That comparable adjusts to $2.44M; the $2.92M estimate above is the median of all 5 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 more car-dependent spot, so buyers here typically drive. Head Street Loop is about a 23-minute walk away. Worth weighing if transit access matters to you.

List price
$2.44MGreat deal$3.87MOverpriced

Total price vs nearby homes. Fair value about $2.92M, median of 5 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Heated floors: comfort and a premium-finish signal.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Primary suite: a key comfort and resale feature.
  • Value driver
  • Lifestyle
  • Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$1.96Mavg asking

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

58 Forsyth Avenue$2.18M1863 Shaver Road$3.38M7 Arnhem Court$1.50M88 Southcreek Court$1.58M67 Starfire Crescent$1.15M

The 5 closest active listings nearby.

See all comparable homes
3.87MThis home2.18M3.38M1.50M1.58M1.15MThis home vs active comparables
Live market pulseActive comparables in Greensville · median list $2.40M
$909this home / sqft
6active listings nearby
86days on market

This home lists 14% below the area average of $1,063/sqft.

84 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

Greensville, 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

11/ 100

Car-DependentA 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.

Almost all errands require a car.

🚉 Nearest transit: Head Street Loop, about 1.8 km away

7 parks

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.

Dundas
$1.05M
Rural Flamborough
$1.15M
Westdale
$1.39M
Ancaster
$1.23M
Waterdown
$1.37M

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
$17,615/mo
$715KIncome needed
5.4×Price ÷ income
$4,065Weekly 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.

93%mortgage
Mortgage $17,615Property tax $1,352Total carry $18,968

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$16,500per month

Mortgage amount $3,092,000 · 4.14% over 25 years

$773,000Down payment (20.0%)
$3,092,000Loan before insurance
$0CMHC premium
$17,852Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$16,500
Property tax
$1,352
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$17,852

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

One-time closing costs

Ontario land transfer tax
$83,100
Estimated closing costs
$83,100

Plus your down payment of $773,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$20,041/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

$1,858,018Total interest paid
$4,950,018Total of all payments
Principal $3,092,000 Interest $1,858,018
YearPrincipalInterestBalance
1$72,435$125,566$3,019,565
2$75,465$122,536$2,944,100
3$78,621$119,379$2,865,479
4$81,910$116,091$2,783,569
5$85,336$112,665$2,698,233
6$88,906$109,095$2,609,328
7$92,624$105,376$2,516,703
8$96,499$101,502$2,420,204
9$100,535$97,466$2,319,669
10$104,740$93,260$2,214,929
11$109,121$88,879$2,105,808
12$113,686$84,315$1,992,122
13$118,441$79,560$1,873,681
14$123,395$74,605$1,750,285
15$128,557$69,444$1,621,729
16$133,934$64,067$1,487,794
17$139,536$58,464$1,348,258
18$145,373$52,628$1,202,885
19$151,454$46,547$1,051,431
20$157,789$40,212$893,643
21$164,389$33,612$729,254
22$171,265$26,736$557,989
23$178,429$19,572$379,560
24$185,892$12,109$193,668
25$193,668$4,333$0

At the end of your 5-year term

Total paid over the term
$990,004
Principal paid down
$393,767
Interest paid
$596,237
Balance remaining
$2,698,233

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$7,350/mo
$88,200Gross annual rent
1.6%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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 $16,227− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $60,871

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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