140 Festival Way, Hamilton, ON
Rural Glanbrook, Hamilton · MLS® X13055168
About this home
Rare bungalow with attached double car garage offering serene country living with modern convenience! Nestled in Binbrook with sweeping open field views, and stunning sunsets this exceptional home is a true find-ideal for downsizers, intergenerational families, or those seeking one-level living without compromise.The bright open-concept main level features 9-ft ceilings and a stunning cathedral ceiling in the living room with a cozy gas fireplace. The kitchen and server area are finished with granite countertops, perfect for entertaining, with a walkout from the great room to a spacious deck overlooking peaceful countryside.The main floor offers 3 spacious bedrooms and 2 bathrooms, including a primary suite with walk-in closet and private ensuite. The fully finished lower level provides outstanding flexibility with heated floors, oversized 4' x 4' windows, a billiards room, lounge area, and potential for a 4th bedroom, office, or in-law suite, and a 3-piece bathroom with walk in shower and heated floors. The basement comes complete with a workshop and a large storage room; this home is ideal for hobbyists or creatives. There is a separate walkout to the backyard with well kept mature gardens to sit in the quiet of the morning, look at the expansive open views and listen to the birds. Now you can call this home.Enjoy the quiet of country living with amenities just minutes away-a rare bungalow opportunity not often found.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- X13055168
- Bedrooms
- 3
- Bathrooms
- 3
- Size
- 1500-2000
- Lot
- 45.93 × 105.97 ft
- Cross streets
- Blue Ribbon Way/Royal Winter Dr
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private Double, Inside Entry
- Basement
- Finished with Walk-Out, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,666 / 2025
- Days on market
- 80
- Listing brokerage
- MICHAEL ST.JEAN REALTY INC.
Rooms
3 Pc Bath
3 Pc Bath
4 Pc Ensuite
Listed at $949,900, this home is tracking about 15% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.
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 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $975K, a bit lower.
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 $855K
- Bathrooms +$30K
- Adjusts to $885K
That comparable adjusts to $885K; the $1.12M estimate above is the median of all 8 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. GLOVER at MAPLE LEAF is about a 63-minute walk away.
Total price vs nearby homes. Fair value about $1.12M, median of 8 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.
- 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.
- Open-concept layout: modern, sought-after flow.
- Lifestyle
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 22% below the area average of $692/sqft.
78 days longer than the Hamilton average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Rural Glanbrook, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Somewhat 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.
Some errands on foot, but most trips need a car.
🚉 Nearest transit: GLOVER at MAPLE LEAF, about 5.0 km away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.
Mortgage amount $759,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,055
- Property tax
- $472
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,527
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $15,473
- Estimated closing costs
- $15,473
Plus your down payment of $189,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $243,313
- Principal paid down
- $96,776
- Interest paid
- $146,537
- Balance remaining
- $663,144
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.
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
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of MICHAEL ST.JEAN REALTY INC.. MLS®/PropTx.