378 East 24th Street, Hamilton, ON

Burkholme, Hamilton · MLS® X13234922

$759,000
For Sale
Listed 45 days ago
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3Bedrooms
3Bathrooms
1Garage · 3 parking
1100-1500Sq Ft

About this home

Welcome To This Beautiful 3 Bedroom, 2.5 Bath Detached Home Located In The Prime Central Mountain Neighborhood! This Delightful Family Home Well Designed With Private Low Maintenance Yard And Feature Mature Landscaping As Well As Facing A Burkholder Park. Bright And Spacious Main Level With Gorgeous Hardwood Flooring, Features Include An Inviting Front Foyer, A Modern Kitchen With Stainless Steel Appliances, An Elegant Living Room With Large Patio Door And Open To A Private Backyard With A Hardtop Gazebo-Perfect For Family Meals And Entertaining. The Upper Level Features Three Bedrooms, A Modern 4-Piece Family Bath With Heated Floor Has Double Sinks. The Wonderfully Finished Lower Level Offers A Recreation Room, A Convenient 3-piece Bath And A Laundry Room Combination. Great Proximity To School, Park, Shopping And Hospital With Easy Access To Public Transit And The Major Highway LINC. An Enchanting Family Home And A Dream Location That Is Waiting To Be Yours!

Key facts

Property type
Detached, 2-Storey
MLS®
X13234922
Bedrooms
3
Bathrooms
3 (1 half)
Size
1100-1500
Lot
49.2 × 94.49 ft
Cross streets
Mohawk Road and Upper Wentworth
Parking
1 garage · 3 parking (built-in)
Driveway
Front Yard Parking
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,400 / 2026
Days on market
45
Listing brokerage
BAY STREET GROUP INC.

Rooms

Dining RoomMain102.26 × 96.88 m

hardwood floor · combined w/library · window

LaundryBasement87.17 × 87.17 m

3 Pc Bath

Living RoomMain172.21 × 154.99 m

hardwood floor · combined w/dining · w/o to yard

FoyerMain76.54 × 71.03 m

Closet

BathroomSecond93.64 × 78.58 m

4 pc bath · heated floor · double sink

KitchenMain130.25 × 96.88 m

stainless steel appl · b/i appliances · window

Bedroom 3Second130.25 × 125.95 m

closet · window

RecreationBasement237.99 × 161.45 m

fireplace · pot lights · window

Primary BedroomSecond169.00 × 119.59 m

hardwood floor · closet · window

Bedroom 2Second119.59 × 108.73 m

closet · window

Moe’s TakeTeam Asgarian · Broker
Above comparables
$623Kest. value

Listed at $759,000, this home is about 22% 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 ($584/sqft) is in line with the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Burkholme, 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 $813K, 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 $420K
  • Bathrooms +$15K
  • Adjusts to $435K

That comparable adjusts to $435K; the $623K 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, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$599KGreat deal$759KOverpriced

Total price vs nearby homes. Fair value about $623K, 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.

  • Heated floors: comfort and a premium-finish signal.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$617kavg asking

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

325 Queensdale Avenue$830k72 Houghton Avenue$600k60 Keith Street$420k

The 3 closest active listings nearby.

See all comparable homes
759kThis home830k600k420kThis home vs active comparables
Live market pulseActive comparables in Hamilton · median list $849K
$584this home / sqft
64active listings nearby
45days on market

This home lists 4% above the area average of $560/sqft.

43 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

Burkholme, 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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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.

Gibson
$670K
Delta
$729K
Homeside
$593K
Westdale
$1.39M
Stoney Creek
$917K

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
$3,459/mo
$150KIncome needed
5.0×Price ÷ income
$798Weekly 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 $3,459Property tax $450Total carry $3,909

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,240per month

Mortgage amount $607,200 · 4.14% over 25 years

$151,800Down payment (20.0%)
$607,200Loan before insurance
$0CMHC premium
$3,690Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,240
Property tax
$450
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,690

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

One-time closing costs

Ontario land transfer tax
$11,655
Estimated closing costs
$11,655

Plus your down payment of $151,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,936/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

$364,873Total interest paid
$972,073Total of all payments
Principal $607,200 Interest $364,873
YearPrincipalInterestBalance
1$14,225$24,658$592,975
2$14,820$24,063$578,156
3$15,439$23,443$562,716
4$16,085$22,798$546,631
5$16,758$22,125$529,873
6$17,459$21,424$512,414
7$18,189$20,694$494,225
8$18,950$19,933$475,274
9$19,743$19,140$455,531
10$20,569$18,314$434,963
11$21,429$17,454$413,534
12$22,325$16,558$391,208
13$23,259$15,624$367,949
14$24,232$14,651$343,717
15$25,246$13,637$318,471
16$26,302$12,581$292,170
17$27,402$11,481$264,768
18$28,548$10,335$236,220
19$29,742$9,141$206,478
20$30,986$7,897$175,492
21$32,282$6,601$143,209
22$33,633$5,250$109,577
23$35,039$3,843$74,537
24$36,505$2,378$38,032
25$38,032$851$0

At the end of your 5-year term

Total paid over the term
$194,415
Principal paid down
$77,327
Interest paid
$117,088
Balance remaining
$529,873

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
2.3%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.

3.6%
Gross yield
− Property tax $5,400− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,764

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BAY STREET GROUP INC.. MLS®/PropTx.

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