14-25 Mountwood Avenue, Hamilton, ON

Durand, Hamilton · MLS® X13032278

$359,900
For Sale
Listed 86 days ago
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2Bedrooms
1Bathrooms
0Parking
900-999Sq Ft

About this home

Fabulous 2 Bedroom Condo with Escarpment Views! Bright and spacious approx. 950 sqft. top-floor corner unit offering stunning west and south-facing views over the city and escarpment. This beautifully renovated condo features hardwood flooring throughout, a large sun-filled living room, separate dining area, and a functional kitchen with laundry hook-up. Enjoy two generous bedrooms and a full 4-piece bath. Permit parking available. Conveniently located close to walking trails, public transit, and St. Joseph's Hospital, perfect for professionals or downsizers seeking comfort and accessibility.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
X13032278
Bedrooms
2
Bathrooms
1
Size
900-999
Cross streets
St. Joseph's Drive/Mountwood
Parking
0 parking
Basement
None
Heating
Radiant
A/C
None
Exterior
Brick
Roof
Flat
Maintenance
$711/mo
Exposure
West
Property tax
$1,613 / 2025
Days on market
86
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

BedroomMain3.96 × 2.74 m
Dining RoomMain3.66 × 3.35 m
KitchenMain4.57 × 2.13 m
Primary BedroomMain4.88 × 2.74 m
BathroomMain0.00 × 0.00 m

4 Pc Bath

LaundryMain0.00 × 0.00 m
Living RoomMain5.18 × 3.66 m
Moe’s TakeTeam Asgarian · Broker
In line
$429Kest. value

Listed at $359,900, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $160K, lower than the comparables and worth a second look. 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 $298K
  • Size difference −$70K
  • Adjusts to $228K

That comparable adjusts to $228K; the $429K estimate above is the median of all 6 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. ST. JOSEPH'S at MOUNTWOOD is about a 1-minute walk away.

List price
$228KGreat deal$471KOverpriced

Total price vs nearby homes. Fair value about $429K, median of 6 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Durand · asking prices
$442kavg asking

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

702-222 Jackson Street$298kPH10-66 Bay Street$499k403-165 Bold Street$529k

The 3 closest active listings nearby.

See all comparable homes
360kThis home298k499k529kThis home vs active comparables
Live market pulseActive comparables in Durand · median list $529K
$379this home / sqft
6active listings nearby
86days on market

This home lists 14% below the area average of $440/sqft.

71 days longer than the Hamilton average (15 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Durand, 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

68/ 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: ST. JOSEPH'S at MOUNTWOOD, about 115 m away

20+ transit stops4 grocery20+ dining20+ 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.

Corktown
$296K
Beasley
$319K
Central
$390K
Strathcona
$525K
Ainslie Wood
$361K

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
$1,640/mo
$84KIncome needed
4.3×Price ÷ income
$379Weekly 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.

66%mortgage
Mortgage $1,640Property tax $134Condo fee $711Total carry $2,486

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)
$1,536per month

Mortgage amount $287,920 · 4.14% over 25 years

$71,980Down payment (20.0%)
$287,920Loan before insurance
$0CMHC premium
$2,382Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,536
Property tax
$134
Condo / maintenance fees
$711
Heating
$0
Estimated monthly cost
$2,382

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

One-time closing costs

Ontario land transfer tax
$3,874
Estimated closing costs
$3,874

Plus your down payment of $71,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$1,866/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

$173,014Total interest paid
$460,934Total of all payments
Principal $287,920 Interest $173,014
YearPrincipalInterestBalance
1$6,745$11,692$281,175
2$7,027$11,410$274,148
3$7,321$11,116$266,827
4$7,627$10,810$259,200
5$7,946$10,491$251,253
6$8,279$10,159$242,975
7$8,625$9,812$234,350
8$8,986$9,452$225,364
9$9,362$9,076$216,002
10$9,753$8,684$206,249
11$10,161$8,276$196,088
12$10,586$7,851$185,502
13$11,029$7,408$174,473
14$11,490$6,947$162,983
15$11,971$6,466$151,012
16$12,472$5,966$138,540
17$12,993$5,444$125,547
18$13,537$4,901$112,010
19$14,103$4,334$97,907
20$14,693$3,744$83,214
21$15,308$3,130$67,906
22$15,948$2,490$51,959
23$16,615$1,822$35,344
24$17,310$1,128$18,034
25$18,034$403$0

At the end of your 5-year term

Total paid over the term
$92,187
Principal paid down
$36,667
Interest paid
$55,520
Balance remaining
$251,253

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$3,050/mo
$36,600Gross annual rent
6.1%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.

10.2%
Gross yield
− Property tax $1,613− Condo fees $8,532− Insurance $600− Vacancy & upkeep $4,026Net operating income $21,829

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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