88 Chestnut Avenue, Hamilton, ON
Gibson, Hamilton · MLS® X13233622
About this home
Welcome to 88 Chestnut Avenue, where timeless charm meets beautifully curated modern living. Completely renovated in 2022, this exceptional home has been thoughtfully transformed from top to bottom, offering a rare blend of character, comfort, and contemporary style. From the moment you arrive, the home's inviting presence and great curb appeal set the tone for what awaits inside. The heart of the home is the stunning designer kitchen, featuring sleek cabinetry, stylish finishes, and quality appliances including a GE stove, Broan exhaust hood, Samsung dishwasher, and Samsung washer and dryer. Every update has been completed with care, while major mechanical improvements such as a Lennox high-efficiency furnace and air conditioner, along with a Rinnai tankless water heater, provide peace of mind and everyday efficiency. Upstairs, the primary bedroom has been reimagined to include a spacious walk-in closet or private home office, creating a flexible retreat to suit your lifestyle. The second bedroom has also been beautifully updated, while the bathroom has been completely reconfigured and relocated to the second floor for enhanced function and flow. New vinyl flooring throughout adds warmth, continuity, and a fresh modern finish. Outside, the home continues to impress with new siding, four new windows, and a refinished and stained front porch and deck that further enhance its undeniable charm. A fully fenced backyard offers privacy and outdoor enjoyment, while front parking and rear laneway access add rare convenience in this vibrant central location. Set in the heart of Hamilton Centre, just steps to Tim Hortons Field, Jimmy Thompson Memorial Pool, Bernie Morelli Recreation Centre, schools, shopping, transit, and more, this is a home that effortlessly combines charm, style, and everyday practicality.
Key facts
- Property type
- Detached, 1 1/2 Storey
- MLS®
- X13233622
- Bedrooms
- 2
- Bathrooms
- 2 (1 half)
- Size
- 700-1100
- Lot
- 21.75 × 91.98 ft
- Cross streets
- Chestnut/Barton St E
- Parking
- 1 parking
- Driveway
- Private
- Basement
- Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $2,221 / 2025
- Days on market
- 48
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE
Rooms
Listed at $474,900, this home is about 20% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Gibson, 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 $283K, lower 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 $670K
- Adjusts to $670K
That comparable adjusts to $670K; the $396K 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. CANNON at SHERMAN is about a 3-minute walk away.
Total price vs nearby homes. Fair value about $396K, 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.
- 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.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Value driver
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 36% above the area average of $387/sqft.
44 days longer than the Hamilton average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Gibson, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Somewhat 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.
Some errands on foot, but most trips need a car.
🚉 Nearest transit: CANNON at SHERMAN, about 231 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 21, 2026); conventional rates run a little higher.
Mortgage amount $379,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,027
- Property tax
- $185
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $2,212
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $5,973
- Estimated closing costs
- $5,973
Plus your down payment of $94,980. 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
- $121,644
- Principal paid down
- $48,383
- Interest paid
- $73,261
- Balance remaining
- $331,537
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 ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE. MLS®/PropTx.