39 Arthur Avenue, Hamilton, ON

Gibson, Hamilton · MLS® X13115728

$419,900
For Sale
Listed 67 days ago
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4Bedrooms
2Bathrooms
0Parking
1500-2000Sq Ft

About this home

Must see. One of the largest homes in this area, very spacious room sizes. Must see!! Excellent location close to downtown and bus routes to McMaster, Large two and half storey home -- Finished attic - 3+1 bedrooms, 2 full baths, excellent spacious home in the area. Featuring finished attic with two rooms.

Key facts

Property type
Detached, 2 1/2 Storey
MLS®
X13115728
Bedrooms
4
Bathrooms
2
Size
1500-2000
Lot
26 × 80 ft
Cross streets
Sanford/King St E.
Parking
0 parking
Driveway
None
Basement
Full
Heating
Forced Air
A/C
None
Exterior
Aluminum Siding, Brick
Foundation
Other
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,040 / 2025
Days on market
67
Listing brokerage
ROYAL LEPAGE STATE REALTY

Rooms

BedroomSecond3.15 × 3.07 m
KitchenMain5.11 × 2.87 m

Eat-in Kitchen

BathroomSecond2.36 × 1.91 m

4 Pc Bath

BedroomSecond3.15 × 3.43 m
RecreationBasement4.50 × 4.88 m
BedroomThird3.61 × 4.78 m

Walk-In Closet(s)

Dining RoomMain3.58 × 3.94 m
BathroomBasement2.69 × 1.22 m

3 Pc Bath

OtherThird3.61 × 3.61 m
Living RoomMain3.58 × 3.23 m
LaundryBasement1.57 × 2.24 m
BedroomSecond3.63 × 5.26 m
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. 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, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

Comparable listingsCurrently listed nearby in Gibson · asking prices
$752kavg asking

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

44 Arthur Avenue$670k90 Holton Avenue$730k44 Bristol Street$857k

The 3 closest active listings nearby.

See all comparable homes
420kThis home670k730k857kThis home vs active comparables
Live market pulseActive comparables in Gibson · median list $650K
$240this home / sqft
12active listings nearby
67days on market

This home lists 35% below the area average of $371/sqft.

65 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

Gibson, 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.

Delta
$729K
Homeside
$593K
Parkview
$526K
Westdale
$1.39M
Stoney Creek
$917K

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
$1,914/mo
$85KIncome needed
4.9×Price ÷ income
$442Weekly 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.

88%mortgage
Mortgage $1,914Property tax $253Total carry $2,167

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)
$1,793per month

Mortgage amount $335,920 · 4.14% over 25 years

$83,980Down payment (20.0%)
$335,920Loan before insurance
$0CMHC premium
$2,046Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,793
Property tax
$253
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$2,046

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

One-time closing costs

Ontario land transfer tax
$4,873
Estimated closing costs
$4,873

Plus your down payment of $83,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,177/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

$201,858Total interest paid
$537,778Total of all payments
Principal $335,920 Interest $201,858
YearPrincipalInterestBalance
1$7,869$13,642$328,051
2$8,199$13,313$319,852
3$8,542$12,970$311,310
4$8,899$12,612$302,412
5$9,271$12,240$293,141
6$9,659$11,852$283,482
7$10,063$11,448$273,419
8$10,484$11,027$262,935
9$10,922$10,589$252,013
10$11,379$10,132$240,634
11$11,855$9,656$228,778
12$12,351$9,160$216,427
13$12,868$8,643$203,560
14$13,406$8,105$190,154
15$13,967$7,545$176,187
16$14,551$6,960$161,636
17$15,159$6,352$146,477
18$15,794$5,718$130,683
19$16,454$5,057$114,229
20$17,142$4,369$97,087
21$17,859$3,652$79,227
22$18,607$2,905$60,621
23$19,385$2,126$41,236
24$20,196$1,315$21,040
25$21,040$471$0

At the end of your 5-year term

Total paid over the term
$107,556
Principal paid down
$42,779
Interest paid
$64,776
Balance remaining
$293,141

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
7.0%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.

9.0%
Gross yield
− Property tax $3,040− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $29,202

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

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