15 Meadowbank Drive, Hamilton, ON

Falkirk, Hamilton · MLS® X13170048

$1,045,000
For Sale
Listed 53 days ago
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4Bedrooms
3Bathrooms
2Garage · 6 parking
2000-2500Sq Ft

About this home

Welcome to 15 Meadowbank Drive. This stunning 4-bedroom home offers the perfect blend of comfort, style, and convenience. Step into the beautifully updated kitchen featuring a large island, perfect for entertaining and everyday family living. The open and functional layout flows seamlessly into the living and dining areas, creating a warm and inviting atmosphere. Step outside to your private backyard retreat, complete with an inground saltwater pool surrounded by a spacious deck - ideal for family gatherings. With a double car garage, ample storage, and a location that can't be beat, this home checks all the boxes. Situated in a quiet, family-friendly neighbourhood, you'll love being just minutes from schools, parks, shopping, and public transit. Don't miss your chance to own this beautiful, move-in-ready home in one of Hamilton's most desirable communities!

Key facts

Property type
Detached, 2-Storey
MLS®
X13170048
Bedrooms
4
Bathrooms
3 (1 half)
Size
2000-2500
Lot
41.99 × 98.43 ft
Cross streets
Upper Paradise
Parking
2 garage · 6 parking (attached)
Driveway
Front Yard Parking
Basement
Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground, Salt
Property tax
$7,950 / 2025
Days on market
53
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

Cold Room/CantinaBasement0.00 × 0.00 m
Bedroom 2Second3.35 × 4.57 m

California Shutters

Living RoomMain4.27 × 4.83 m

hardwood floor · california shutters · pot lights

BathroomSecond0.00 × 0.00 m

4 Pc Ensuite

Bedroom 3Second2.74 × 4.24 m
BathroomMain0.00 × 0.00 m

2 Pc Bath

FoyerMain6.10 × 5.79 m

pot lights · tile floor

Great RoomSecond5.74 × 5.46 m

hardwood floor · cathedral ceiling(s) · pot lights

BathroomSecond0.00 × 0.00 m

4 Pc Bath

LaundryMain0.00 × 0.00 m
Primary BedroomSecond4.27 × 5.44 m

4 pc ensuite · california shutters

KitchenMain4.27 × 4.83 m

backsplash · granite counters · eat-in kitchen

Bedroom 4Second3.96 × 2.74 m
Moe’s TakeTeam Asgarian · Broker
In line
$1.05Mest. value

Listed at $1,045,000, 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 Falkirk, 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 $1.17M, a bit higher.

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 $1.08M
  • Adjusts to $1.08M

That comparable adjusts to $1.08M; the $1.05M 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. UPPER PARADISE at MEADOWBANK is about a 1-minute walk away.

List price
$1.03MGreat deal$1.08MOverpriced

Total price vs nearby homes. Fair value about $1.05M, 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Weigh carefully
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$1.14Mavg asking

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

51 Forestview Drive$1.05M1332 Baseline Road$1.02M275 Woodland Drive$1.08M160 Wills Crescent$1.05M421 8th Concession Road$1.49M

The 5 closest of 7 active listings nearby.

See all comparable homes
1.04MThis home1.05M1.02M1.08M1.05M1.49MThis home vs active comparables
Live market pulseActive comparables in Falkirk · median list $800K
$464this home / sqft
7active listings nearby
53days on market

This home lists 15% below the area average of $544/sqft.

51 days longer than the Hamilton average (2 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Falkirk, 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

68/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: UPPER PARADISE at MEADOWBANK, about 54 m away

20+ transit stops1 grocery13 dining11 parks3 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.

Ancaster
$1.23M
Westdale
$1.39M
Dundas
$1.05M
Rural Glanbrook
$1.03M
Gibson
$670K

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
$4,763/mo
$207KIncome needed
5.0×Price ÷ income
$1,099Weekly 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.

88%mortgage
Mortgage $4,763Property tax $663Total carry $5,425

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)
$4,461per month

Mortgage amount $836,000 · 4.14% over 25 years

$209,000Down payment (20.0%)
$836,000Loan before insurance
$0CMHC premium
$5,124Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,461
Property tax
$663
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,124

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

One-time closing costs

Ontario land transfer tax
$17,375
Estimated closing costs
$17,375

Plus your down payment of $209,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,419/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

$502,362Total interest paid
$1,338,362Total of all payments
Principal $836,000 Interest $502,362
YearPrincipalInterestBalance
1$19,585$33,950$816,415
2$20,404$33,131$796,012
3$21,257$32,277$774,754
4$22,146$31,388$752,608
5$23,073$30,462$729,535
6$24,038$29,497$705,497
7$25,043$28,491$680,454
8$26,091$27,444$654,363
9$27,182$26,352$627,181
10$28,319$25,215$598,862
11$29,504$24,031$569,358
12$30,738$22,797$538,620
13$32,024$21,511$506,597
14$33,363$20,171$473,234
15$34,759$18,776$438,475
16$36,212$17,322$402,263
17$37,727$15,807$364,535
18$39,305$14,229$325,230
19$40,949$12,585$284,281
20$42,662$10,872$241,619
21$44,447$9,088$197,172
22$46,306$7,229$150,866
23$48,243$5,292$102,624
24$50,261$3,274$52,363
25$52,363$1,172$0

At the end of your 5-year term

Total paid over the term
$267,672
Principal paid down
$106,465
Interest paid
$161,208
Balance remaining
$729,535

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$4,200/mo
$50,400Gross annual rent
3.4%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.

4.8%
Gross yield
− Property tax $7,950− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $35,506

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.

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