71 MILES Road, Hamilton, ON

Broughton, Hamilton · MLS® X13245520

$1,596,000
For Sale
Listed 48 days ago
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4Bedrooms
4Bathrooms
2Garage · 12 parking
2000-2500Sq Ft

About this home

Stunning 2-storey home offering exceptional space and thoughtful design throughout! The chef-inspired kitchen is the heart of the home, featuring a large island with seating for four and a convenient butler's pantry. The spacious family room is perfect for entertaining or relaxing, complete with a cozy fireplace. Upstairs, you'll find three generous bedrooms, including a beautiful primary suite with a walk-in closet and private ensuite. The two additional bedrooms share an oversized walk-in closet, providing ample storage. The second level also features a versatile family room, a dedicated workspace with room for two computer stations, and the convenience of bedroom-level laundry. The finished basement expands the living space with a recreation room, an additional bedroom, and a full 4-piece bathroom-ideal for guests, teens, or multi-generational living.Step outside to your own backyard retreat, complete with a covered porch, hot tub, and above-ground pool. The detached double-car garage and oversized driveway with parking for up to 10 vehicles offer incredible flexibility for families, hobbyists, or entertaining guests. Ideally located just minutes from the Lincoln M. Alexander Parkway, shopping, restaurants, schools, and everyday amenities. A truly move-in-ready home that combines comfort, functionality, and outdoor enjoyment!

Key facts

Property type
Detached, 2-Storey
MLS®
X13245520
Bedrooms
4 (3 + 1)
Bathrooms
4 (1 half)
Size
2000-2500
Lot
80 × 200 ft
Cross streets
RYMAL RD E
Parking
2 garage · 12 parking (detached)
Driveway
Private Double
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Block
Roof
Asphalt Shingle
Sewer
Septic
Pool
Above Ground
Property tax
$9,639 / 2026
Days on market
48
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

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
  • Primary suite: a key comfort and resale feature. Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.05Mavg asking

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

24 Peel Street$1.26M2 Charterhouse Crescent$1.24M15 Mcallistar Drive$890k19 Glenhaven Court$800k

The 4 closest active listings nearby.

See all comparable homes
1.60MThis home1.26M1.24M890k800kThis home vs active comparables
Live market pulseActive comparables in Hamilton · median list $1000K
$709this home / sqft
44active listings nearby
48days on market
56sold nearby · 90 days
$765Kmedian sold price
96%of asking, on average

This home lists 28% above the area average of $555/sqft.

45 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

Broughton, 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.

Rural Glanbrook
$759K
Raleigh
$615K
Stoney Creek Mountain
$880K
Crown Point
$618K
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
$7,274/mo
$307KIncome needed
5.2×Price ÷ income
$1,679Weekly 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.

90%mortgage
Mortgage $7,274Property tax $803Total carry $8,077

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$6,813per month

Mortgage amount $1,276,800 · 4.14% over 25 years

$319,200Down payment (20.0%)
$1,276,800Loan before insurance
$0CMHC premium
$7,617Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,813
Property tax
$803
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,617

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

One-time closing costs

Ontario land transfer tax
$28,395
Estimated closing costs
$28,395

Plus your down payment of $319,200. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,276/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

$767,244Total interest paid
$2,044,044Total of all payments
Principal $1,276,800 Interest $767,244
YearPrincipalInterestBalance
1$29,911$51,851$1,246,889
2$31,162$50,600$1,215,727
3$32,466$49,296$1,183,261
4$33,824$47,938$1,149,438
5$35,238$46,523$1,114,199
6$36,712$45,049$1,077,487
7$38,248$43,514$1,039,239
8$39,848$41,914$999,391
9$41,515$40,247$957,876
10$43,251$38,511$914,625
11$45,060$36,702$869,565
12$46,945$34,817$822,620
13$48,909$32,853$773,711
14$50,954$30,807$722,757
15$53,086$28,676$669,671
16$55,306$26,455$614,365
17$57,620$24,142$556,745
18$60,030$21,732$496,715
19$62,541$19,221$434,174
20$65,157$16,605$369,018
21$67,882$13,880$301,136
22$70,722$11,040$230,414
23$73,680$8,082$156,734
24$76,762$5,000$79,973
25$79,973$1,789$0

At the end of your 5-year term

Total paid over the term
$408,809
Principal paid down
$162,601
Interest paid
$246,208
Balance remaining
$1,114,199

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$4,200/mo
$50,400Gross annual rent
2.1%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.

3.2%
Gross yield
− Property tax $9,639− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $33,817

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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