308-908 Mohawk Road, Hamilton, ON

Lisgar, Hamilton · MLS® X13169900

$499,900
For Sale
Listed 53 days ago
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2Bedrooms
2Bathrooms
1Garage · 0 parking
1200-1399Sq Ft

About this home

Condo living in a desirable East Hamilton Mountain neighbourhood, perfectly positioned near local recreation, nature, and everyday conveniences. This spacious two-bedroom, two-bathroom condominium offers approximately 1,362 sq ft of well-planned living space. The kitchen features warm wood cabinetry, a pantry, ample counter space, and a peninsula with breakfast bar ideal for casual meals or entertaining. The generous dining room flows seamlessly into the bright living room, with walk-out access to a covered balcony for year-round enjoyment. The thoughtful layout includes a main 3-piece bathroom with a tiled shower with glass door, while the large primary bedroom boasts a walk-through closet and a private ensuite bathroom. A second well-sized bedroom provides flexibility for guests, a home office, or hobbies. Enjoy the convenience of one underground parking space, an extra large storage unit, and building amenities that include a small gym with a washroom on the lower level. The building offers accessible features throughout the common areas, along with visitor parking located on the west side. Ideally located close to Bernie Arbour Memorial Stadium, Liuna 4 Ice Centre, scenic trails along the mountain brow, and the natural beauty of Albion Falls. Close to public transit, shopping and a public library. This home is a fantastic opportunity to enjoy comfortable, low-maintenance living in a vibrant community. Some photos are virtually staged.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
X13169900
Bedrooms
2
Bathrooms
2
Size
1200-1399
Cross streets
Upper Ottawa St.
Parking
1 garage · 0 parking (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Concrete
Roof
Flat
Maintenance
$689/mo
Exposure
South
Property tax
$4,569 / 2025
Days on market
53
Listing brokerage
ROYAL LEPAGE STATE REALTY

Rooms

Bedroom 2Main4.27 × 3.20 m

broadloom · california shutters

Living RoomMain7.62 × 4.57 m

broadloom · california shutters · combined w/dining

Primary BedroomMain5.18 × 3.66 m

broadloom · california shutters

KitchenMain3.66 × 3.20 m

breakfast bar · b/i microwave · eat-in kitchen

Moe’s TakeTeam Asgarian · Broker
In line
$520Kest. value

Listed at $499,900, 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 Lisgar, so I widened the search to the surrounding area.

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 $553K, 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 $524K
  • Adjusts to $524K

That comparable adjusts to $524K; the $520K 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 very walkable address with everyday errands close by. MOHAWK at MOXLEY is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$379KGreat deal$524KOverpriced

Total price vs nearby homes. Fair value about $520K, 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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$490kavg asking

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

807-8 Village Green Boulevard$524k308-990 Golf Links Road$570k203-67 Caroline Street$459k503-197 Duke Street$600k1003-222 Jackson Street$295k

The 5 closest active listings nearby.

See all comparable homes
500kThis home524k570k459k600k295kThis home vs active comparables
Live market pulseActive comparables in Hamilton · median list $389K
$385this home / sqft
99active listings nearby
53days on market

This home lists 29% below the area average of $541/sqft.

38 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

Lisgar, 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

71/ 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: MOHAWK at MOXLEY, about 103 m away

20+ transit stops7 grocery20+ dining13 parks11 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.

Vincent
$345K
Corktown
$296K
Beasley
$319K
Durand
$400K
Central
$390K

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
$2,278/mo
$116KIncome needed
4.3×Price ÷ income
$526Weekly 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.

68%mortgage
Mortgage $2,278Property tax $381Condo fee $689Total carry $3,348

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)
$2,134per month

Mortgage amount $399,920 · 4.14% over 25 years

$99,980Down payment (20.0%)
$399,920Loan before insurance
$0CMHC premium
$3,204Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,134
Property tax
$381
Condo / maintenance fees
$689
Heating
$0
Estimated monthly cost
$3,204

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 $99,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,592/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

$240,316Total interest paid
$640,236Total of all payments
Principal $399,920 Interest $240,316
YearPrincipalInterestBalance
1$9,369$16,241$390,551
2$9,761$15,849$380,791
3$10,169$15,441$370,622
4$10,594$15,015$360,027
5$11,037$14,572$348,990
6$11,499$14,110$337,491
7$11,980$13,629$325,511
8$12,481$13,128$313,030
9$13,003$12,606$300,027
10$13,547$12,062$286,479
11$14,114$11,496$272,366
12$14,704$10,905$257,661
13$15,319$10,290$242,342
14$15,960$9,649$226,382
15$16,628$8,982$209,755
16$17,323$8,286$192,432
17$18,048$7,562$174,384
18$18,803$6,807$155,581
19$19,589$6,020$135,992
20$20,408$5,201$115,584
21$21,262$4,347$94,322
22$22,151$3,458$72,170
23$23,078$2,531$49,092
24$24,043$1,566$25,049
25$25,049$560$0

At the end of your 5-year term

Total paid over the term
$128,047
Principal paid down
$50,930
Interest paid
$77,117
Balance remaining
$348,990

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$4,100/mo
$49,200Gross annual rent
6.1%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.

9.8%
Gross yield
− Property tax $4,569− Condo fees $8,269− Insurance $600− Vacancy & upkeep $5,412Net operating income $30,350

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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