111 Festival Way, Hamilton, ON
Rural Glanbrook, Hamilton · MLS® X13159798
About this home
Beautifully maintained 3-bedroom, 3-bathroom detached home with a professionally finished basement, built in 2019 by the highly regarded John Bruce Homes. Offering nearly 2,500 sq. ft. of thoughtfully designed living space, this home combines modern style with everyday family comfort. From the curb, the upgraded exterior elevation and double asphalt driveway and garage, create an inviting first impression. Inside, the bright and spacious main floor features 9-foot ceilings, rich oak hardwood flooring, and an open-concept layout ideal for entertaining. Featuring custom blinds the welcoming living room is centered around a cozy gas fireplace and complemented by sleek built-in cabinetry. The oak kitchen and dining area, complete with a breakfast bar for casual meals and patio access leading to the open backyard. Upstairs, you'll find three generously sized bedrooms, each with elegant custom blinds and its own walk-in closet, providing exceptional storage space. The spacious primary has ensuite with double vanity and a walk-in shower. The main bath services the two other bedrooms. The builder-finished basement adds valuable additional living space, perfect for a growing family , recreation area, and/or home office. Outside, enjoy the open backyard - ideal for relaxing or family playtime. Located in one of Binbrook's most desirable family-friendly neighbourhood, this exceptional home is just minutes from schools, parks, and shopping amenities. Make this YOUR home! RSA
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- X13159798
- Bedrooms
- 3
- Bathrooms
- 2 (1 half)
- Size
- 1500-2000
- Lot
- 33.27 × 105.97 ft
- Cross streets
- PUMPKIN PASS TO BLUE RIBBON WAY
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private Double
- Basement
- Full, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,777 / 2025
- Days on market
- 58
- Listing brokerage
- ROYAL LEPAGE STATE REALTY
Rooms
4 Pc Ensuite
4 Pc Bath
2 Pc Bath
Listed at $839,900, this home is about 4% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($480/sqft) is below the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in Rural Glanbrook, so I widened the search to the surrounding area.
Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $818K, 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 $850K
- Bathrooms −$15K
- Adjusts to $835K
That comparable adjusts to $835K; the $809K estimate above is the median of all 6 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 $809K, median of 6 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Value driver
- Lifestyle
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 15% below the area average of $566/sqft.
55 days longer than the Hamilton average (3 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Rural Glanbrook, 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 20, 2026); conventional rates run a little higher.
Mortgage amount $671,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,586
- Property tax
- $481
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,067
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,273
- Estimated closing costs
- $13,273
Plus your down payment of $167,980. 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
- $215,137
- Principal paid down
- $85,569
- Interest paid
- $129,568
- Balance remaining
- $586,351
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 ROYAL LEPAGE STATE REALTY. MLS®/PropTx.