22 Worsley Road, Hamilton, ON

Stoney Creek, Hamilton · MLS® X13041562

$549,900
For Sale
Listed 84 days ago
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1Bedrooms
1Bathrooms
2Parking
700Sq Ft

About this home

Prime building lot and redevelopment opportunity in the heart of Lower Stoney Creek. This exceptional 50 220 ft property offers outstanding potential for builders, investors, or homeowners ready to design their ideal space. Set within a highly desirable neighbourhood surrounded by custom-built homes, this expansive lot and flexible zoning support a legal multi-unit duplex, a custom single-family residence, multi-generational living, or even a secondary dwelling, giving you multiple ways to maximize value. Whether you envision a custom home with an in-law or guest suite, a rental-income, or a multi-residential investment property with an additional dwelling unit, this lot provides the versatility to bring your plans to life. Enjoy views of the Niagara Escarpment and walkable access to parks, Lake Ontario, new sports facilities, restaurants, excellent schools within walking distance, various universities and hospitals, the option of two airports nearby, John C. Munro Hamilton International Airport, Niagara Falls Airport, major shopping centers, public transit stops on the corner, local farms, and over 200 wineries nearby. Commuting is effortless with quick access to the new Stoney Creek GO Station, QEW, 407, 403, Burlington, Hamilton, and the Niagara region are only minutes away. With condo-level pricing without the condo fees and the rare advantage of a 220 foot deep yard, this is an outstanding opportunity for first-time buyers looking to enter a prestigious market, or for downsizers seeking space for gardens, outdoor entertaining, and peaceful living. Whether you're building a luxury home, entering the market, renovating, downsizing, or investing, this ideally located and highly adaptable property is worth exploring. Property being sold AS-IS. Some images have been virtually staged.

Key facts

Property type
Detached, Bungalow
MLS®
X13041562
Bedrooms
1
Bathrooms
1
Size
700 sq ft
Lot
50 × 220 ft
Cross streets
Hwy 8
Parking
2 parking
Basement
Partial Basement, Unfinished
Heating
Forced Air
A/C
None
Exterior
Aluminum Siding, Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,336 / 2025
Days on market
84
Listing brokerage
ROYAL LEPAGE MACRO REALTY

Rooms

BathroomMain1.83 × 2.46 m
LaundryMain2.44 × 1.70 m
PantryMain1.83 × 1.22 m
RecreationBasement6.40 × 5.79 m
BedroomMain3.58 × 2.79 m
KitchenMain4.55 × 2.87 m
Living RoomMain5.49 × 2.84 m

Combined w/Dining

DenMain3.05 × 2.69 m
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. HIGHWAY 8 at WORSLEY is about a 2-minute walk away.

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.
  • Development potential: upside only if zoning permits, verify with the city before relying on it.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Worth verifying
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$506kavg asking

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

41 Worsley Road$499k621 Tate Avenue$500k237 PALING Avenue$479k163 HESS Street$670k25 Mckinstry Street$380k

The 5 closest active listings nearby.

See all comparable homes
550kThis home499k500k479k670k380kThis home vs active comparables
Live market pulseActive comparables in Stoney Creek · median list $899K
$786this home / sqft
83active listings nearby
84days on market

This home lists 31% above the area average of $600/sqft.

82 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

Stoney Creek, 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

63/ 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: HIGHWAY 8 at WORSLEY, about 144 m away

20+ transit stops20+ dining10 parks6 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.

Parkview
$526K
Homeside
$593K
Delta
$729K
Gibson
$670K
Rural Glanbrook
$1.03M

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
$2,506/mo
$108KIncome needed
5.1×Price ÷ income
$578Weekly 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.

90%mortgage
Mortgage $2,506Property tax $278Total carry $2,784

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,348per month

Mortgage amount $439,920 · 4.14% over 25 years

$109,980Down payment (20.0%)
$439,920Loan before insurance
$0CMHC premium
$2,626Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,348
Property tax
$278
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$2,626

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

One-time closing costs

Ontario land transfer tax
$7,473
Estimated closing costs
$7,473

Plus your down payment of $109,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,851/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

$264,353Total interest paid
$704,273Total of all payments
Principal $439,920 Interest $264,353
YearPrincipalInterestBalance
1$10,306$17,865$429,614
2$10,737$17,434$418,877
3$11,186$16,985$407,691
4$11,654$16,517$396,037
5$12,141$16,030$383,896
6$12,649$15,522$371,247
7$13,178$14,993$358,069
8$13,730$14,441$344,339
9$14,304$13,867$330,035
10$14,902$13,269$315,133
11$15,525$12,645$299,608
12$16,175$11,996$283,433
13$16,851$11,319$266,581
14$17,556$10,615$249,025
15$18,291$9,880$230,734
16$19,056$9,115$211,679
17$19,853$8,318$191,826
18$20,683$7,488$171,143
19$21,548$6,623$149,594
20$22,450$5,721$127,145
21$23,389$4,782$103,756
22$24,367$3,804$79,389
23$25,386$2,785$54,003
24$26,448$1,723$27,554
25$27,554$616$0

At the end of your 5-year term

Total paid over the term
$140,855
Principal paid down
$56,024
Interest paid
$84,831
Balance remaining
$383,896

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$1,450/mo
$17,400Gross annual rent
2.0%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.

3.2%
Gross yield
− Property tax $3,336− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $10,750

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

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