2172 Centre Road, Hamilton, ON
Rural Flamborough, Hamilton · MLS® X13237364
About this home
One-of-a-kind country property sitting on 10.5 acres of lush greenery just minutes from the city. This one has it all: Bungalow, Above grade in-law suite, in ground pool, 1,200 square foot shop, dog run, pickle ball court and more. This updated bungalow features a chef's kitchen with luxury gas stove, quartz countertops and pot lights. The large living room is the perfect hang-out spot with chic fireplace feature wall. Large primary bedroom with huge walk-in closet. Updated main bath with glass shower. Versatile in-law suite has separate entrance and also connected to the main living quarters. Supplement your mortgage with this updated 1-bedroom in-law setup! The basement is setup for a home office and offers a separate walk-up entrance, three-piece bathroom and workshop with the ability to add two additional bedrooms! You'll love the backyard retreat featuring a beautiful heated in ground pool, cabana, and hot tub which overlooks your peaceful property. The 30' x 80' heated shop is perfect for storing your toys utilizing the large bay door. The shop also contains living quarters which includes a full kitchen, 3-piece bathroom, and one bedroom with the ability to add two more bedrooms! Outside of the shop has 50-amp service for your RV! This property has too many features to list and you must see it to appreciate it. RSA.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- X13237364
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 3
- Size
- 2000-2500
- Lot
- 400.75 × 1552 ft
- Cross streets
- -
- Parking
- 2 garage · 17 parking (detached)
- Driveway
- Private
- Basement
- Partially Finished, Full, Separate Entrance, Walk-Up
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Pool
- Inground
- Property tax
- $9,156 / 2025
- Days on market
- 49
- Listing brokerage
- RE/MAX ESCARPMENT REALTY INC.
Rooms
Listed at $1,949,900, this home is about 17% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Based on 5 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 5 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.62M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $880K
- Bedrooms +$30K
- Adjusts to $910K
That comparable adjusts to $910K; the $1.67M estimate above is the median of all 5 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.
Total price vs nearby homes. Fair value about $1.67M, 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Primary suite: a key comfort and resale feature. Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 33% above the area average of $651/sqft.
46 days longer than the Hamilton average (3 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Rural Flamborough, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.
Mortgage amount $1,559,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,324
- Property tax
- $763
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,087
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $35,473
- Estimated closing costs
- $35,473
Plus your down payment of $389,980. 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
- $499,459
- Principal paid down
- $198,656
- Interest paid
- $300,803
- Balance remaining
- $1,361,264
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
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 RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.