50 Broadway Avenue, Hamilton, ON

Ainslie Wood, Hamilton · MLS® X13113828

$1,359,900
For Sale
Listed 68 days ago
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8Bedrooms
6Bathrooms
3Parking
1500-2000Sq Ft

About this home

Beautifully Renovated 2-Storey Home in Prime West Hamilton! This spacious property offers 8 bedrooms and 6 bathrooms, featuring a full kitchen on the main level and a convenient kitchenette in the basement-perfect for extended family, guests, or rental potential. Extensively renovated between 2020 to 2021, this home truly shows A++. Enjoy ample parking and an unbeatable location-just steps from McMaster University and a short walk or bike ride to downtown Westdale, where you'll find trendy restaurants, cozy coffee shops, grocery stores, and the scenic Cootes Paradise hiking trails.

Key facts

Property type
Detached, 2-Storey
MLS®
X13113828
Bedrooms
8 (6 + 2)
Bathrooms
6
Size
1500-2000
Lot
40 × 130 ft
Cross streets
Main St W
Parking
3 parking
Driveway
Private
Basement
Finished, Full
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,000 / 2025
Days on market
68
Listing brokerage
RE/MAX ESCARPMENT FRANK REALTY

Rooms

BathroomMain0.00 × 0.00 m

3 Pc Bath

KitchenMain3.75 × 4.09 m
Living RoomMain3.25 × 2.43 m
Dining RoomMain2.76 × 2.90 m
BedroomMain3.53 × 3.30 m
Moe’s TakeTeam Asgarian · Broker
Above the wider set
$1.03Mest. value

Listed at $1,359,900, this home is tracking about 32% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run 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 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $831K, 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 $799K
  • Bedrooms +$30K
  • Bathrooms +$45K
  • Adjusts to $874K

That comparable adjusts to $874K; the $1.03M estimate above is the median of all 9 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 more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$957KGreat deal$1.36MOverpriced

Total price vs nearby homes. Fair value about $1.03M, median of 9 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.
  • Value driver
Comparable listingsCurrently listed nearby in Ainslie Wood · asking prices
$980kavg asking

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

66 Ewen Road$980k

The 1 closest active listing nearby.

See all comparable homes
1.36MThis home980kThis home vs active comparables
Live market pulseActive comparables in Ainslie Wood · median list $749K
$777this home / sqft
9active listings nearby
68days on market

This home lists 30% above the area average of $599/sqft.

66 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

Ainslie Wood, 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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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.

Westdale
$1.39M
Dundas
$1.05M
Ancaster
$1.23M
Gibson
$670K
Delta
$729K

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
$6,198/mo
$258KIncome needed
5.3×Price ÷ income
$1,430Weekly 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.

91%mortgage
Mortgage $6,198Property tax $583Total carry $6,781

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)
$5,806per month

Mortgage amount $1,087,920 · 4.14% over 25 years

$271,980Down payment (20.0%)
$1,087,920Loan before insurance
$0CMHC premium
$6,389Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,806
Property tax
$583
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,389

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

One-time closing costs

Ontario land transfer tax
$23,673
Estimated closing costs
$23,673

Plus your down payment of $271,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,051/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

$653,743Total interest paid
$1,741,663Total of all payments
Principal $1,087,920 Interest $653,743
YearPrincipalInterestBalance
1$25,486$44,180$1,062,434
2$26,552$43,114$1,035,882
3$27,663$42,004$1,008,219
4$28,820$40,847$979,399
5$30,025$39,641$949,373
6$31,281$38,385$918,092
7$32,590$37,077$885,502
8$33,953$35,713$851,549
9$35,373$34,293$816,176
10$36,853$32,814$779,323
11$38,394$31,272$740,928
12$40,000$29,666$700,928
13$41,674$27,993$659,254
14$43,417$26,250$615,838
15$45,233$24,434$570,605
16$47,125$22,542$523,480
17$49,096$20,571$474,384
18$51,149$18,517$423,235
19$53,289$16,378$369,946
20$55,518$14,149$314,428
21$57,840$11,826$256,588
22$60,260$9,407$196,328
23$62,780$6,886$133,548
24$65,406$4,260$68,142
25$68,142$1,525$0

At the end of your 5-year term

Total paid over the term
$348,333
Principal paid down
$138,547
Interest paid
$209,786
Balance remaining
$949,373

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$3,150/mo
$37,800Gross annual rent
1.9%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.

2.8%
Gross yield
− Property tax $7,000− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $25,242

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT FRANK REALTY. MLS®/PropTx.

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