212 Gibson Avenue, Hamilton, ON
Gibson, Hamilton · MLS® X13148302
About this home
Discover the charm of 212 Gibson, a stunning century-old brick home renovated from top to bottom with quality finishes! Nestled on a deep lot in an up-and-coming downtown Hamilton neighbourhood. This beauty blends historic character with modern living, making it ideal for first-time buyers, families, or investors looking to be close to the city's growing amenities. Step inside to a bright and functional layout featuring spacious principal rooms, large windows that fill the home with natural light, and a warm welcoming atmosphere throughout. The main floor features a living and dining area which provide a comfortable space for everyday living and entertaining, a main-floor laundry room, a full bathroom, and an updated kitchen boasting a breakfast bar, stainless steel appliances, and a dine-in space. Every detail has been updated with quality finishes. Upstairs, you'll find 3 nice sized bedrooms and a well-appointed bathroom. The home also features a basement with additional storage and flexible space that could be used for a workshop, hobby area, or future finishing. Outside, enjoy the front yard curb appeal and a backyard fully fenced with more room for gardening, relaxing, or summer gatherings. Private parking space for multiple cars in the back driveway. This location offers both convenience and community. Hard to beat! It's just minutes away from bustling James Street North restaurants, boutique shops, cafes, top-rated schools, and parks. Truly a move-in ready gem and a must-see. Book your showing today!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- X13148302
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1100-1500
- Lot
- 15 × 157.5 ft
- Cross streets
- BARTON TO GIBSON
- Parking
- 2 parking
- Driveway
- Private Double
- Basement
- Full, Separate Entrance
- Heating
- Forced Air
- A/C
- None
- Exterior
- Brick
- Foundation
- Not Applicable
- Roof
- Not Applicable
- Sewer
- Sewer
- Property tax
- $2,785 / 2025
- Days on market
- 60
- Listing brokerage
- FOREST HILL REAL ESTATE INC.
Rooms
3 Pc Bath
4 Pc Bath
Listed at $499,888, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $479K, a close match.
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 $569K
- Adjusts to $569K
That comparable adjusts to $569K; the $530K estimate above is the median of all 5 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.
Total price vs nearby homes. Fair value about $530K, median of 5 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
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 1% above the area average of $382/sqft.
58 days longer than the Hamilton average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Gibson, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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.
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 $399,910 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,134
- Property tax
- $232
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $2,366
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,473
- Estimated closing costs
- $6,473
Plus your down payment of $99,978. 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
- $128,044
- Principal paid down
- $50,929
- Interest paid
- $77,116
- Balance remaining
- $348,982
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 FOREST HILL REAL ESTATE INC.. MLS®/PropTx.