422-1936 Rymal Road, Hamilton, ON

Stoney Creek Mountain, Hamilton · MLS® X13231614

$538,000
For Sale
Listed 45 days ago
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1Bedrooms
2Bathrooms
1Garage
1000-1199Sq Ft

About this home

The unit is being sold NEW from the builder. This spacious 1065sqft 2 Bedroom + Den, 2 Full Bath suite features 9 ft ceilings and premium upgrades throughout, including quartz countertops, an undermount sink, pot lights, vinyl plank flooring, and in-suite laundry. The primary bedroom offers two walk-in closets and a private ensuite, while the den provides a versatile space perfect for a home office or guest area. Enjoy a modern kitchen with stainless steel appliances, a private balcony, owned underground parking, and a storage locker. The building offers outstanding amenities, including a rooftop terrace with BBQs, a fully equipped fitness room, a party room, bicycle storage, and landscaped green spaces. With shopping, parks, schools, restaurants, transit, and quick highway access all nearby, this move-in-ready condo is perfect for downsizers, first-time buyers, and professionals seeking a vibrant, low-maintenance lifestyle.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
X13231614
Bedrooms
1
Bathrooms
2
Size
1000-1199
Cross streets
Fletcher Rd & Rymal Rd E
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete, Stucco (Plaster)
Maintenance
$679/mo
Exposure
West
Property tax
$4,595 / 2025
Days on market
45
Listing brokerage
ROYAL LEPAGE REALTY PLUS OAKVILLE

Rooms

Primary BedroomMain4.50 × 3.33 m

Walk-In Closet(s)

Bedroom 2Main4.31 × 2.74 m
LaundryMain0.00 × 0.00 m
DenMain2.48 × 1.55 m
BathroomMain0.00 × 0.00 m

3 Pc Ensuite

KitchenMain2.37 × 2.25 m
Living RoomMain6.10 × 3.30 m
BathroomMain0.00 × 0.00 m

4 Pc Bath

Moe’s TakeTeam Asgarian · Broker
Above comparables
$460Kest. value

Listed at $538,000, this home is about 17% 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 ($489/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Stoney Creek Mountain, so I widened the search to the surrounding area.

Based on 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $612K, higher than the comparables and worth a second look.

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 $580K
  • Bedrooms −$30K
  • Adjusts to $550K

That comparable adjusts to $550K; the $460K estimate above is the median of all 12 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. RYMAL at FLETCHER is about a 2-minute walk away.

List price
$409KGreat deal$538KOverpriced

Total price vs nearby homes. Fair value about $460K, 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.

  • Primary suite: a key comfort and resale feature.
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$521kavg asking

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

21-36 Margaret Street$450k1414-500 GREEN Road$550k203-8 Main Street$525k213-30 Hamilton Street$500k214-5 Hamilton Street$580k

The 5 closest of 8 active listings nearby.

See all comparable homes
538kThis home450k550k525k500k580kThis home vs active comparables
Live market pulseActive comparables in Hamilton · median list $389K
$489this home / sqft
89active listings nearby
45days on market

This home lists 11% below the area average of $552/sqft.

30 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

Stoney Creek Mountain, 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

57/ 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: RYMAL at FLETCHER, about 153 m away

20+ transit stops1 grocery20+ dining5 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.

Vincent
$345K
Stoney Creek
$491K
Riverdale
$300K
Corktown
$296K
Beasley
$319K

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
$2,452/mo
$123KIncome needed
4.4×Price ÷ income
$566Weekly 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.

70%mortgage
Mortgage $2,452Property tax $383Condo fee $679Total carry $3,514

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)
$2,297per month

Mortgage amount $430,400 · 4.14% over 25 years

$107,600Down payment (20.0%)
$430,400Loan before insurance
$0CMHC premium
$3,359Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,297
Property tax
$383
Condo / maintenance fees
$679
Heating
$0
Estimated monthly cost
$3,359

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

One-time closing costs

Ontario land transfer tax
$7,235
Estimated closing costs
$7,235

Plus your down payment of $107,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,790/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

$258,632Total interest paid
$689,032Total of all payments
Principal $430,400 Interest $258,632
YearPrincipalInterestBalance
1$10,083$17,479$420,317
2$10,505$17,057$409,813
3$10,944$16,617$398,869
4$11,402$16,160$387,467
5$11,879$15,683$375,588
6$12,375$15,186$363,213
7$12,893$14,668$350,320
8$13,432$14,129$336,887
9$13,994$13,567$322,893
10$14,580$12,982$308,314
11$15,189$12,372$293,124
12$15,825$11,736$277,299
13$16,487$11,075$260,812
14$17,176$10,385$243,636
15$17,895$9,666$225,741
16$18,643$8,918$207,098
17$19,423$8,138$187,675
18$20,236$7,326$167,439
19$21,082$6,479$146,357
20$21,964$5,597$124,393
21$22,883$4,679$101,511
22$23,840$3,722$77,671
23$24,837$2,724$52,834
24$25,876$1,685$26,958
25$26,958$603$0

At the end of your 5-year term

Total paid over the term
$137,806
Principal paid down
$54,812
Interest paid
$82,995
Balance remaining
$375,588

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$3,400/mo
$40,800Gross annual rent
4.3%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.

7.6%
Gross yield
− Property tax $4,595− Condo fees $8,152− Insurance $600− Vacancy & upkeep $4,488Net operating income $22,965

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REALTY PLUS OAKVILLE. MLS®/PropTx.

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