40 Stanley Avenue, Hamilton, ON
Kirkendall, Hamilton · MLS® X13059816
About this home
Welcome to this exceptional 2.5-storey family home, ideally located in the heart of sought-after Kirkendall. Offering 5 bedrooms, 3 bathrooms, and a rare two-storey laneway building, this property blends timeless character with modern functionality and endless versatility. The laneway building presents outstanding potential as a home office, in-law suite, guest retreat, art studio, fitness space, additional lifestyle area or income generating space. The main residence is warm, inviting, and thoughtfully updated while preserving its original charm. A cozy front porch welcomes you inside, where spacious principal rooms and family-friendly living spaces await. The third-floor primary retreat is a true sanctuary, complete with wall-to-wall cabinetry and a spa-inspired five-piece ensuite. A flexible fourth bedroom on the second level is ideal as a den, nursery, or work-from-home office. The practical mudroom offers abundant storage, custom shelving, and convenient access to the professionally landscaped backyard. The impressive laneway building, built in 2020, is fully self-sufficient with 200-amp service, on-demand hot water, and gas heating. The main level provides a stylish kitchen area and garage parking for one vehicle, while the bright upper level features a stylish three-piece bath and is currently enjoyed as an entertainment lounge and office space. Outside, the private backyard has been landscaped with unique privacy screenings, a PVC deck and BBQ patio, with room to expand further with a pergola, playground or additional outdoor structures. Set in one of Hamilton's most desirable neighbourhoods, just steps to the shops and restaurants of Locke Street, HAAA grounds and park, recreation centre, tennis courts, scenic escarpment trails, excellent schools, transit, and two GO stations. A rare opportunity to own a truly special family home in an unbeatable location.
Key facts
- Property type
- Detached, 2 1/2 Storey
- MLS®
- X13059816
- Bedrooms
- 6 (5 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500
- Lot
- 30.06 × 126.25 ft
- Cross streets
- Queen Street and Aberdeen Avenue
- Parking
- 1 garage (detached)
- Driveway
- Street Only
- Basement
- Full, Unfinished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Wood
- Foundation
- Stone
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $8,114 / 2025
- Days on market
- 79
- Listing brokerage
- PSR
Rooms
5 Pc Bath
hardwood floor · combined w/dining
W/O To Deck
centre island · window
hardwood floor · combined w/living
2 Pc Bath
5 Pc Ensuite
Listed at $1,549,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. 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 13 similar homes nearby, adjusted for size, beds, and baths.Median of 13 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.06M, 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 $1.29M
- Bedrooms +$60K
- Adjusts to $1.35M
That comparable adjusts to $1.35M; the $1.45M estimate above is the median of all 13 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. QUEEN at STANLEY is about a 2-minute walk away.
Total price vs nearby homes. Fair value about $1.45M, median of 13 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.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 17% above the area average of $590/sqft.
77 days longer than the Hamilton average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Kirkendall, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: QUEEN at STANLEY, about 151 m 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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,239,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,613
- Property tax
- $676
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,289
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $27,455
- Estimated closing costs
- $27,455
Plus your down payment of $309,800. 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
- $396,770
- Principal paid down
- $157,812
- Interest paid
- $238,957
- Balance remaining
- $1,081,388
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
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 PSR. MLS®/PropTx.