214 Burlington Street, Hamilton, ON

North End, Hamilton · MLS® X13036432

$498,000
For Sale
Listed 85 days ago
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3Bedrooms
2Bathrooms
0Parking
1100-1500Sq Ft

About this home

Great all renovated ,ready to move in home, with a deep lot (18oFt) and a built Shed for out door living or future expansion .A walk out Basement has a large Tub for extra retreat and entertainment ,Spacious kitchen with a step out Large deck. Walk to James St Go Station , Bay 4 Pier .Bayfront Pier 8 Water front Re Development .(Some Photos Are virtually staged ) ,

Key facts

Property type
Detached, 2-Storey
MLS®
X13036432
Bedrooms
3
Bathrooms
2 (1 half)
Size
1100-1500
Lot
22.79 × 180.16 ft
Cross streets
Burlington st E/ Wellington St N
Parking
0 parking
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Other
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3 / 2025
Days on market
85
Listing brokerage
HOMELIFE/BAYVIEW REALTY INC.
Moe’s TakeTeam Asgarian · Broker
In line
$595Kest. value

Listed at $498,000, 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.

There were not many closely comparable homes right in North End, so I widened the search to the surrounding area.

Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $0K, lower than the comparables and worth a second look.

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 $420K
  • Adjusts to $420K

That comparable adjusts to $420K; the $595K estimate above is the median of all 10 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. BURLINGTON opposite WELLINGTON is about a 1-minute walk away.

List price
$496KGreat deal$622KOverpriced

Total price vs nearby homes. Fair value about $595K, median of 10 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.

  • Walk-out basement: natural light and strong in-law or income potential.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Income potential
  • Value driver
Comparable listingsCurrently listed nearby in North End · asking prices
$533kavg asking

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

39 Burlington Street$500k520 John Street$499k192 Wood Street$600k

The 3 closest active listings nearby.

See all comparable homes
498kThis home500k499k600kThis home vs active comparables
Live market pulseActive comparables in North End · median list $579K
$383this home / sqft
10active listings nearby
85days on market

This home lists 17% below the area average of $463/sqft.

83 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

North End, 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: BURLINGTON opposite WELLINGTON, about 59 m away

20+ transit stops3 grocery20+ dining20+ parks13 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
Westdale
$1.39M
Homeside
$593K
Parkview
$500K

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
$2,270/mo
$89KIncome needed
5.6×Price ÷ income
$524Weekly 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.

100%mortgage
Mortgage $2,270Property tax $0Total carry $2,270

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)
$2,126per month

Mortgage amount $398,400 · 4.14% over 25 years

$99,600Down payment (20.0%)
$398,400Loan before insurance
$0CMHC premium
$2,126Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,126
Property tax
$0
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$2,126

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

One-time closing costs

Ontario land transfer tax
$6,435
Estimated closing costs
$6,435

Plus your down payment of $99,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,582/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

$239,403Total interest paid
$637,803Total of all payments
Principal $398,400 Interest $239,403
YearPrincipalInterestBalance
1$9,333$16,179$389,067
2$9,724$15,789$379,343
3$10,130$15,382$369,213
4$10,554$14,958$358,659
5$10,995$14,517$347,664
6$11,455$14,057$336,208
7$11,935$13,578$324,274
8$12,434$13,078$311,840
9$12,954$12,558$298,886
10$13,496$12,016$285,391
11$14,060$11,452$271,330
12$14,648$10,864$256,682
13$15,261$10,251$241,421
14$15,899$9,613$225,522
15$16,564$8,948$208,958
16$17,257$8,255$191,700
17$17,979$7,533$173,721
18$18,731$6,781$154,990
19$19,515$5,998$135,475
20$20,331$5,181$115,145
21$21,181$4,331$93,963
22$22,067$3,445$71,896
23$22,990$2,522$48,906
24$23,952$1,560$24,954
25$24,954$558$0

At the end of your 5-year term

Total paid over the term
$127,561
Principal paid down
$50,736
Interest paid
$76,824
Balance remaining
$347,664

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
4.7%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.

5.5%
Gross yield
− Property tax $3− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $23,161

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

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