402-40 Harrisford Street, Hamilton, ON

Red Hill, Hamilton · MLS® X13245706

$419,900
For Sale
Listed 43 days ago
3Bedrooms
2Bathrooms
1Garage
1200-1399Sq Ft

About this home

We've got the view! Welcome to Harris Towers! This rarely offered 3 bed, 2 full bath CORNER unit offers 1245sq ft of bright, airy living with stunning Escarpment views from every room and private South facing balcony. Large principal rooms, an open-concept living/dining area, stunningly renovated kitchen (2016), and hardwood flooring throughout. Carpet free! The oversized primary bedroom features a gorgeous 3 piece ensuite, complete with beautiful glass and tile shower plus a walk-in closet. Two generous sized bedrooms, a pretty 4 pc bath, in-Suite laundry and PLENTY of closet space complete this home. Located in a quiet, well-maintained building brimming with top-tier amenities such as an indoor saltwater pool, sauna, fitness rm, library, party rm, billiards rm, workshop, car wash (with vacuum!) and pickleball courts. Nestled among mature trees and greenspace with easy access to the Red Hill Valley Parkway, trails, schools, shopping, and transit. Easily hop onto the Red Hill Valley Pkwy, QEW & Hwy 403. Includes one underground parking space & Large locker.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
X13245706
Bedrooms
3
Bathrooms
2
Size
1200-1399
Cross streets
Greenhill Avenue
Parking
1 garage (underground)
Basement
None
Heating
Baseboard
A/C
Wall Unit(s)
Exterior
Brick, Stone
Foundation
Concrete
Roof
Flat
Maintenance
$811/mo
Exposure
South West
Property tax
$3,213 / 2025
Days on market
43
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

BedroomMain2.95 × 4.72 m
BathroomMain1.60 × 2.41 m

4 Pc Bath

Living RoomMain5.72 × 3.53 m
Dining RoomMain3.05 × 2.57 m
BedroomMain2.72 × 4.34 m
Primary BedroomMain6.58 × 3.38 m

3 Pc Ensuite

KitchenMain2.29 × 4.83 m
FoyerMain3.99 × 4.52 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$577Kest. value

Listed at $419,900, this home is about 27% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Red Hill, so I widened the search to the surrounding area.

Based on 14 similar homes nearby, adjusted for size, beds, and baths.Median of 14 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $441K, 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 $524K
  • Bedrooms +$30K
  • Adjusts to $554K

That comparable adjusts to $554K; the $577K estimate above is the median of all 14 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. GREENHILL opposite GLEN VISTA is about a 2-minute walk away.

List price
$420KGreat deal$639KOverpriced

Total price vs nearby homes. Fair value about $577K, median of 14 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.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$488kavg asking

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

802-301 Frances Avenue$520k1406-500 Green Road$619k605-966 Queenston Road$440k203-500 Silverbirch Boulevard$400k203-67 Caroline Street$459k

The 5 closest of 8 active listings nearby.

See all comparable homes
420kThis home520k619k440k400k459kThis home vs active comparables
Live market pulseActive comparables in Hamilton · median list $440K
$323this home / sqft
64active listings nearby
43days on market

This home lists 34% below the area average of $492/sqft.

28 days longer than the Hamilton average (15 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Red Hill, 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

58/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: GREENHILL opposite GLEN VISTA, about 130 m away

20+ transit stops13 dining20+ parks5 pharmacies

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.

Vincent
$345K
Stoney Creek
$491K
Riverdale
$300K
Lakeshore
$537K
Beasley
$319K

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
$1,914/mo
$101KIncome needed
4.2×Price ÷ income
$442Weekly 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.

64%mortgage
Mortgage $1,914Property tax $268Condo fee $811Total carry $2,992

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,793per month

Mortgage amount $335,920 · 4.14% over 25 years

$83,980Down payment (20.0%)
$335,920Loan before insurance
$0CMHC premium
$2,871Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,793
Property tax
$268
Condo / maintenance fees
$811
Heating
$0
Estimated monthly cost
$2,871

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

One-time closing costs

Ontario land transfer tax
$4,873
Estimated closing costs
$4,873

Plus your down payment of $83,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,177/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

$201,858Total interest paid
$537,778Total of all payments
Principal $335,920 Interest $201,858
YearPrincipalInterestBalance
1$7,869$13,642$328,051
2$8,199$13,313$319,852
3$8,542$12,970$311,310
4$8,899$12,612$302,412
5$9,271$12,240$293,141
6$9,659$11,852$283,482
7$10,063$11,448$273,419
8$10,484$11,027$262,935
9$10,922$10,589$252,013
10$11,379$10,132$240,634
11$11,855$9,656$228,778
12$12,351$9,160$216,427
13$12,868$8,643$203,560
14$13,406$8,105$190,154
15$13,967$7,545$176,187
16$14,551$6,960$161,636
17$15,159$6,352$146,477
18$15,794$5,718$130,683
19$16,454$5,057$114,229
20$17,142$4,369$97,087
21$17,859$3,652$79,227
22$18,607$2,905$60,621
23$19,385$2,126$41,236
24$20,196$1,315$21,040
25$21,040$471$0

At the end of your 5-year term

Total paid over the term
$107,556
Principal paid down
$42,779
Interest paid
$64,776
Balance remaining
$293,141

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$4,100/mo
$49,200Gross annual rent
7.2%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.

11.7%
Gross yield
− Property tax $3,213− Condo fees $9,729− Insurance $600− Vacancy & upkeep $5,412Net operating income $30,246

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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