708-851 Queenston Road, Hamilton, ON

Riverdale, Hamilton · MLS® X13161214

$379,900
For Sale
Listed 56 days ago
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3Bedrooms
2Bathrooms
2Garage
900-999Sq Ft

About this home

Welcome to Suite 708 at 851 Queenston Road - a beautifully maintained 980 sq ft condo offering one of the largest floor plans in the building. This bright and spacious 3-bedroom, 2-bathroom unit features exceptional balcony exposure, filling the home with natural light while offering stunning open views. Step inside to a generous open-concept living and dining area, perfect for entertaining or relaxing in comfort. The functional layout provides endless potential to personalize the space to your style and needs. The primary bedroom includes a private ensuite bathroom for added comfort and convenience, while the two additional bedrooms offer flexibility for guests, a home office, or fitness space. Additional highlights include ensuite laundry, two owned underground parking spaces, and an exclusive storage locker. Ideally located in Hamilton East, this condo is within walking distance to shopping, public transit, and everyday amenities, with quick access to major highways. An excellent opportunity for first-time buyers, investors, or downsizers alike.

Key facts

Property type
Condo Apartment, Apartment
MLS®
X13161214
Bedrooms
3
Bathrooms
2 (1 half)
Size
900-999
Cross streets
Queenston/Centennial
Parking
2 garage (underground)
Basement
None
Heating
Baseboard
A/C
Central Air
Exterior
Brick
Maintenance
$746/mo
Exposure
South
Property tax
$1,729 / 2025
Days on market
56
Listing brokerage
CITYSCAPE REAL ESTATE LTD.

Rooms

Living RoomMain5.99 × 3.40 m
KitchenMain6.38 × 2.36 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$516Kest. value

Listed at $379,900, this home is about 26% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Riverdale, 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 $212K, lower than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $389K
  • Size difference +$51K
  • Bedrooms +$30K
  • Adjusts to $470K

That comparable adjusts to $470K; the $516K 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. QUEENSTON at RIVERDALE is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$380KGreat deal$613KOverpriced

Total price vs nearby homes. Fair value about $516K, 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.

  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$427kavg asking

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

PH05-150 Main Street$389k314-135 James Street$320k204-966 Queenston Road$440k403-350 Concession Street$450k336-10 Mallard Trail$535k

The 5 closest of 8 active listings nearby.

See all comparable homes
380kThis home389k320k440k450k535kThis home vs active comparables
Live market pulseActive comparables in Riverdale · median list $330K
$400this home / sqft
7active listings nearby
56days on market

This home lists 17% below the area average of $484/sqft.

41 days longer than the Hamilton average (15 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Riverdale, 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

85/ 100

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: QUEENSTON at RIVERDALE, about 45 m away

20+ transit stops11 grocery20+ dining17 parks20+ pharmacies

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.

Stoney Creek
$491K
Vincent
$345K
Lakeshore
$537K
Beasley
$319K
Corktown
$296K

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
$1,731/mo
$88KIncome needed
4.3×Price ÷ income
$400Weekly 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.

66%mortgage
Mortgage $1,731Property tax $144Condo fee $746Total carry $2,622

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,622per month

Mortgage amount $303,920 · 4.14% over 25 years

$75,980Down payment (20.0%)
$303,920Loan before insurance
$0CMHC premium
$2,512Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,622
Property tax
$144
Condo / maintenance fees
$746
Heating
$0
Estimated monthly cost
$2,512

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

One-time closing costs

Ontario land transfer tax
$4,174
Estimated closing costs
$4,174

Plus your down payment of $75,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$1,970/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

$182,629Total interest paid
$486,549Total of all payments
Principal $303,920 Interest $182,629
YearPrincipalInterestBalance
1$7,120$12,342$296,800
2$7,418$12,044$289,383
3$7,728$11,734$281,655
4$8,051$11,411$273,604
5$8,388$11,074$265,216
6$8,739$10,723$256,477
7$9,104$10,358$247,373
8$9,485$9,977$237,888
9$9,882$9,580$228,006
10$10,295$9,167$217,711
11$10,726$8,736$206,985
12$11,174$8,288$195,810
13$11,642$7,820$184,169
14$12,129$7,333$172,040
15$12,636$6,826$159,404
16$13,165$6,297$146,239
17$13,715$5,747$132,523
18$14,289$5,173$118,234
19$14,887$4,575$103,348
20$15,509$3,953$87,838
21$16,158$3,304$71,680
22$16,834$2,628$54,846
23$17,538$1,924$37,308
24$18,272$1,190$19,036
25$19,036$426$0

At the end of your 5-year term

Total paid over the term
$97,310
Principal paid down
$38,704
Interest paid
$58,606
Balance remaining
$265,216

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$3,050/mo
$36,600Gross annual rent
5.6%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.

9.6%
Gross yield
− Property tax $1,729− Condo fees $8,952− Insurance $600− Vacancy & upkeep $4,026Net operating income $21,293

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CITYSCAPE REAL ESTATE LTD.. MLS®/PropTx.

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