148 Glenariff Drive, Hamilton, ON

Rural Flamborough, Hamilton · MLS® X13231502

$599,900
For Sale
Listed 49 days ago
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2Bedrooms
3Bathrooms
2Garage · 6 parking
1100-1500Sq Ft

About this home

Wake up to stunning views of the countryside and enjoy open-concept living with a main floor primary bedroom, ensuite and laundry! This gorgeous two bedroom plus den bungalow is loaded with two-car garage and four-car driveway, finished basement with plenty of storage room and has no rear neighbours. Nestled on a premium lot in Antrim Glen, a Parkbridge Adult Lifestyle Community, just steps from the community centre. The home features a carpet-free main floor, oversized windows with California shutters and a cozy fireplace in the living room. Enjoy the outdoor saltwater pool, sauna, gym, crafts rooms, billiard room, library, trails and so much more. Monthly land lease fee $975.99, estimated monthly tax- structure $166.93, estimated monthly tax - lot $60.83. RSA.

Key facts

Property type
Detached, Bungalow
MLS®
X13231502
Bedrooms
2 (1 + 1)
Bathrooms
3 (1 half)
Size
1100-1500
Cross streets
Hwy 6 to 8th Concession to Glenariff Drive
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Vinyl Siding
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
49
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

OtherBasement2.24 × 5.13 m
Dining RoomMain4.29 × 4.09 m
OfficeBasement2.72 × 2.34 m
Primary BedroomMain3.40 × 5.36 m
OfficeMain3.99 × 2.77 m
Living RoomMain3.94 × 7.77 m
Utility RoomBasement2.77 × 8.05 m
RecreationBasement8.99 × 7.34 m
BedroomBasement3.48 × 3.78 m
KitchenMain4.09 × 3.43 m
Moe’s TakeTeam Asgarian · Broker
Above comparables
$510Kest. value

Listed at $599,900, this home is about 18% 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 ($461/sqft) is below the area, so you are paying for extra space rather than a premium.

In Rural Flamborough lately, sellers have been getting about 96% of asking and homes sell in about 56 days.

There were not many closely comparable homes right in Rural Flamborough, so I widened the search to the surrounding area.

Based on 12 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 12 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.

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, sold for $510K
  • Bedrooms −$30K
  • Bathrooms +$15K
  • Adjusts to $495K

That comparable adjusts to $495K; the $510K estimate above is the median of all 12 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

List price
$418KGreat deal$600KOverpriced

Total price vs nearby homes. Fair value about $510K, median of 12 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. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby in Rural Flamborough · asking prices
$992kavg asking

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

156 Gracehill Crescent$675k1429 SHEFFIELD Road$500k506 11th Concession Road$1.80M

The 3 closest active listings nearby.

See all comparable homes
600kThis home675k500k1.80MThis home vs active comparables
Live market pulseActive comparables in Rural Flamborough · median list $1.70M
$461this home / sqft
6active listings nearby
49days on market
5sold nearby · 90 days
$674Kmedian sold price
96%of asking, on average

This home lists 37% below the area average of $733/sqft.

46 days longer than the Hamilton average (3 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Rural Flamborough, 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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Waterdown
$1.39M
Dundas
$993K
Westdale
$1.60M
Ancaster
$1.19M
Meadowlands
$1.10M

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
$2,734/mo
$120KIncome needed
5.0×Price ÷ income
$631Weekly 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 $2,734Property tax $375Total carry $3,109

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,561per month

Mortgage amount $479,920 · 4.14% over 25 years

$119,980Down payment (20.0%)
$479,920Loan before insurance
$0CMHC premium
$2,936Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,561
Property tax
$375
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$2,936

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

One-time closing costs

Ontario land transfer tax
$8,473
Estimated closing costs
$8,473

Plus your down payment of $119,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,111/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

$288,389Total interest paid
$768,309Total of all payments
Principal $479,920 Interest $288,389
YearPrincipalInterestBalance
1$11,243$19,490$468,677
2$11,713$19,019$456,964
3$12,203$18,529$444,761
4$12,714$18,019$432,047
5$13,245$17,487$418,802
6$13,799$16,933$405,003
7$14,377$16,356$390,626
8$14,978$15,754$375,648
9$15,604$15,128$360,044
10$16,257$14,475$343,787
11$16,937$13,795$326,850
12$17,646$13,087$309,204
13$18,384$12,349$290,820
14$19,153$11,580$271,668
15$19,954$10,779$251,714
16$20,788$9,944$230,926
17$21,658$9,074$209,268
18$22,564$8,169$186,704
19$23,508$7,225$163,196
20$24,491$6,241$138,705
21$25,515$5,217$113,190
22$26,583$4,150$86,607
23$27,695$3,038$58,913
24$28,853$1,879$30,060
25$30,060$673$0

At the end of your 5-year term

Total paid over the term
$153,662
Principal paid down
$61,118
Interest paid
$92,544
Balance remaining
$418,802

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$2,300/mo
$27,600Gross annual rent
3.2%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.

4.6%
Gross yield
− Property tax $4,199− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $18,965

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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