127 Barnesdale Avenue, Hamilton, ON
Stipley, Hamilton · MLS® X13245596
About this home
Welcome to 127 Barnesdale Avenue N, a thoughtfully updated, move-in-ready detached bungaloft offering exceptional versatility in Hamilton's North Sherman neighbourhood. Situated on a 23 x 129 ft lot, this charming home features 2 bedrooms, 1.5 bathrooms, main-floor laundry, and a functional layout that maximizes both living and storage space. A standout feature of this property is the impressive 1,100 sqft detached garage/workshop with laneway access at the rear. Equipped with electrical service, roughed-in plumbing for a future bathroom, and a newly insulated potential office area, the space presents a wide range of possibilities for hobbyists, tradespeople, entrepreneurs, or buyers seeking additional workspace. Property zoning permits one and two-family dwellings, potential to convert the garage into laneway auxiliary unit. The bright main level has been extensively updated with new flooring throughout, updated kitchen cabinetry, refreshed bathroom finishes, and fresh paint. Upstairs, the loft-style second bedroom and flex-space provide additional storage space, creating flexibility for a variety of living arrangements. Numerous exterior improvements have been completed, including new siding with an additional R-4.5+ insulation value, new soffits, fascia, gutters and downspouts, and all new windows in both the house and garage. Cement parging has been applied to the basement walls.Conveniently located within walking distance of public and Catholic elementary schools, just steps from Lucy Day Park, and a short walk to Tim Hortons Field, this property offers an excellent opportunity for first-time buyers, investors, and those seeking a home with exceptional workshop space.
Key facts
- Property type
- Detached, Bungaloft
- MLS®
- X13245596
- Bedrooms
- 2
- Bathrooms
- 2 (1 half)
- Size
- 700-1100
- Lot
- 23 × 129 ft
- Cross streets
- Barton St E & Barnesdale Ave N
- Parking
- 4 garage · 5 parking (detached)
- Driveway
- Lane
- Basement
- Full, Unfinished
- Heating
- Forced Air
- A/C
- Window Unit(s)
- Exterior
- Other
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $2,679 / 2026
- Days on market
- 46
- Listing brokerage
- REAL BROKER ONTARIO LTD.
Rooms
3 Pc Ensuite
2 pc bath · combined w/laundry
Listed at $479,999, this home is about 24% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
In Stipley lately, sellers have been getting about 96% of asking and homes sell in about 30 days.
There were not many closely comparable homes right in Stipley, so I widened the search to the surrounding area.
Based on 64 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 64 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $412K, 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 $300K
- Bedrooms −$30K
- Bathrooms +$15K
- Adjusts to $285K
That comparable adjusts to $285K; the $386K estimate above is the median of all 64 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.
On location, this is a very walkable address with everyday errands close by. Bus stop is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $386K, median of 64 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.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 40% above the area average of $380/sqft.
43 days longer than the Hamilton average (3 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Stipley, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very 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.
Most daily errands can be done on foot.
🚉 Nearest transit: Bus stop, about 218 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 $383,999 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,049
- Property tax
- $223
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $2,272
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,075
- Estimated closing costs
- $6,075
Plus your down payment of $96,000. 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
- $122,950
- Principal paid down
- $48,902
- Interest paid
- $74,047
- Balance remaining
- $335,097
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 REAL BROKER ONTARIO LTD.. MLS®/PropTx.