48-860 Rymal Road, Hamilton, ON
Allison, Hamilton · MLS® X13168140
About this home
Don't miss this opportunity to own a beautifully renovated 2-storey condo townhouse offering 3 bedrooms plus a den/office and 3 bathrooms, including 2 full baths and a convenient main floor powder room, in a convenient and family-friendly Hamilton location. Bright main floor features hardwood flooring throughout the living and dining areas, with a walk-out to a fully fenced backyard-perfect for enjoying western exposure and afternoon sun. The kitchen includes a pantry and is equipped with fridge, stove, and microwave. Upstairs offers three well-sized bedrooms, all with hardwood flooring. The primary bedroom enjoys southern exposure and semi-ensuite access to a 3-piece bathroom, also accessible from the hallway for added convenience. The finished basement provides additional living space with a recreation area, den/office, laundry, and storage, along with an additional 3-piece bathroom. Ideal for families or those needing extra workspace. Recent updates include a new furnace (August 2025) and new front and patio doors (2022). Property includes a single attached garage with one additional driveway parking space. Located close to parks, schools, shopping, highway access, and other amenities, with a large open green space within the complex-perfect for kids to run, play, enjoy picnics, or play soccer. Pet-friendly complex. Free driveway salt provided by condo corporation. A must-see property. Book your private showing today.
Key facts
- Property type
- Condo Townhouse, 2-Storey
- MLS®
- X13168140
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1200-1399
- Cross streets
- Upper Gage Ave
- Parking
- 1 garage · 2 parking (attached)
- Basement
- Finished, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Maintenance
- $419/mo
- Exposure
- South
- Property tax
- $3,339 / 2025
- Days on market
- 53
- Listing brokerage
- ONE PERCENT REALTY LTD.
Rooms
3 pc bath · tile floor
hardwood floor · window · closet
hardwood floor · large window
2 pc bath · tile floor
hardwood floor · sliding doors · walk-out
hardwood floor · window · closet
3 pc bath · tile floor
hardwood floor · window · closet
tile floor · open concept · pantry
Listed at $539,900, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Allison, so I widened the search to the surrounding area.
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 $481K, 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 $600K
- Adjusts to $600K
That comparable adjusts to $600K; the $555K 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 very walkable address with everyday errands close by. RYMAL opposite SULMONA is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $555K, 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 5% below the area average of $439/sqft.
31 days longer than the Hamilton average (22 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Allison, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: RYMAL opposite SULMONA, about 139 m away
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 17, 2026); conventional rates run a little higher.
Mortgage amount $431,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,305
- Property tax
- $278
- Condo / maintenance fees
- $419
- Heating
- $0
- Estimated monthly cost
- $3,002
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $7,273
- Estimated closing costs
- $7,273
Plus your down payment of $107,980. 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
- $138,293
- Principal paid down
- $55,005
- Interest paid
- $83,288
- Balance remaining
- $376,915
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 ONE PERCENT REALTY LTD.. MLS®/PropTx.