283 Ivon Avenue, Hamilton, ON
Normanhurst, Hamilton · MLS® X13092518
About this home
$$$$ SPENT in FULLY RENOVATING detached two-storey home in a quiet, convenient neighbourhood. The house has been almost completely gutted from inside and re-built. There's a brand-new furnace, heat pump, coil, OWNED TANKLESS water heater. HUM Thermostat, media filter and SMART thermostat. The ceiling THROUGHOUT THE HOUSE has new pot lights installed, the front, back and closet doors are all new. KITCHEN is brand new as well, with quartz counter-top, a beautiful island and awesome decor. The FLOORING is new with new baseboards. STAIRS were town down and new broad steps installed. SMART MIRRORS in both washrooms. Bidet facility installed. Freshly painted inside and out. Backyard and driveway all new and concrete. Fire alarm newly installed. Appliances almost like-new and in good working condition. The roof, which is also flat has NEW SHINGLES installed. New electric FIREPLACE!!! There is a convenient 2 piece washroom on the main level and an enclosed brand-new LAUNDRY ensuring less noise while running. There is ample parking for multiple cars, an additional storage shed and over 450 sq ft garage space, which can be used for storage or as a workplace/workshop! Close to park, schools, shopping and Highway access! A house you can MOVE-INTO immediately and call home now!!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- X13092518
- Bedrooms
- 3
- Bathrooms
- 2 (1 half)
- Size
- 1100-1500
- Lot
- 40 × 100 ft
- Cross streets
- Barton St East and Ivon Av
- Parking
- 2 garage · 5 parking (detached)
- Basement
- Crawl Space
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding
- Foundation
- Block
- Roof
- Asphalt Shingle, Flat
- Sewer
- Sewer
- Property tax
- $2,613 / 2025
- Days on market
- 72
- Listing brokerage
- ZOLO REALTY
Rooms
closet · carpet free
closet · carpet free
carpet free · fireplace
large closet · carpet free
backsplash · breakfast area
Listed at $560,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Normanhurst, 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 $371K, 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, this is a very walkable address with everyday errands close by. BARTON at ADELINE is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
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 8% below the area average of $469/sqft.
70 days longer than the Hamilton average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Normanhurst, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very 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.
Most daily errands can be done on foot.
🚉 Nearest transit: BARTON at ADELINE, about 96 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
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 $448,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,391
- Property tax
- $218
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $2,608
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $7,675
- Estimated closing costs
- $7,675
Plus your down payment of $112,000. 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
- $143,442
- Principal paid down
- $57,053
- Interest paid
- $86,389
- Balance remaining
- $390,947
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 ZOLO REALTY. MLS®/PropTx.