6543 Chippewa Road, Hamilton, ON

Mount Hope, Hamilton · MLS® X13249150

$949,900
For Sale
Listed 42 days ago
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5Bedrooms
2Bathrooms
2Garage · 12 parking
1100-1500Sq Ft

About this home

Experience the perfect blend of country living and modern convenience in this beautifully renovated bungalow situated on a rare half-acre lot in the sought-after community of Mount Hope. Set on an impressive 100 x 200 ft lot, this exceptional property offers privacy, space, and tranquility while remaining just minutes from Hamilton International Airport, major highways, shopping, restaurants, and everyday amenities.Thoughtfully renovated in 2024, the home showcases a stunning custom kitchen featuring white quartz countertops, a stylish backsplash, a large centre island, and premium Café appliances. Elegant custom wainscoting throughout the home adds character and sophistication, while updated flooring and a charming white-washed wood-burning fireplace create warm and inviting living spaces.Offering 5 spacious bedrooms and 2 full bathrooms, the home's functional layout is ideal for families of all sizes. The primary bedroom features its own private ensuite bath, providing a comfortable retreat at the end of the day. A bright sunroom extends the living space and walks out to an expansive two-level deck overlooking the backyard oasis.Outside, enjoy your own private retreat complete with a pool, hot tub, zipline, and chicken coop, offering a unique blend of recreation and country charm. The expansive backyard provides exceptional privacy with no rear or side neighbours, creating the perfect setting for entertaining, relaxing, or enjoying the outdoors. The finished basement offers additional living space, including a dedicated theatre room perfect for movie nights, entertaining, or family gatherings.Car enthusiasts, hobbyists, and growing families will appreciate the double car garage, and driveway parking for up to 10 vehicles. Rarely does a property offer this much land, privacy, and modern living in such a convenient location. Enjoy the peaceful charm of country living without sacrificing access to city amenities.

Key facts

Property type
Detached, Bungalow
MLS®
X13249150
Bedrooms
5 (3 + 2)
Bathrooms
2
Size
1100-1500
Lot
100 × 200 ft
Cross streets
Miles Rd/ Chippewa Rd E
Parking
2 garage · 12 parking (attached)
Driveway
Inside Entry
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Concrete Block
Roof
Metal
Sewer
Septic
Pool
On Ground
Property tax
$5,285 / 2025
Days on market
42
Listing brokerage
REAL BROKER ONTARIO LTD.

Rooms

Bedroom 5Basement3.51 × 3.44 m
Primary BedroomMain4.20 × 3.90 m
OtherBasement4.31 × 7.29 m
LaundryBasement0.00 × 0.00 m
Bedroom 4Basement3.82 × 3.11 m
SunroomMain4.94 × 2.89 m
Bedroom 2Main3.31 × 2.88 m
RecreationBasement7.08 × 4.82 m
Living RoomMain5.61 × 4.51 m
Bedroom 3Main2.83 × 2.88 m
Utility RoomBasement2.94 × 5.96 m
Dining RoomMain2.99 × 4.51 m
Mud RoomMain1.23 × 2.65 m
KitchenMain5.82 × 4.51 m
Moe’s TakeTeam Asgarian · Broker
In line
$1.01Mest. value

Listed at $949,900, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

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

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $834K, a bit lower.

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 $745K
  • Adjusts to $745K

That comparable adjusts to $745K; the $1.01M estimate above is the median of all 6 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. AIRPORT at HOMESTEAD is about a 52-minute walk away. Worth weighing if transit access matters to you.

List price
$941KGreat deal$1.08MOverpriced

Total price vs nearby homes. Fair value about $1.01M, median of 6 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Primary suite: a key comfort and resale feature.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$775kavg asking

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

226 Bel Air Avenue$745k618 Upper Ottawa Street$780k63 Champlain Avenue$700k627 Upper Sherman Avenue$700k138 Rifle Range Road$950k

The 5 closest of 8 active listings nearby.

See all comparable homes
950kThis home745k780k700k700k950kThis home vs active comparables
Live market pulseActive comparables in Mount Hope · median list $1000K
$731this home / sqft
7active listings nearby
42days on market

This home lists 31% above the area average of $557/sqft.

40 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

Mount Hope, 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.

🚉 Nearest transit: AIRPORT at HOMESTEAD, about 4.2 km away

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.

Rural Glanbrook
$1.03M
Binbrook
$948K
Ancaster
$1.23M
Stoney Creek
$917K
Delta
$729K

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
$4,329/mo
$183KIncome needed
5.2×Price ÷ income
$999Weekly 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.

91%mortgage
Mortgage $4,329Property tax $440Total carry $4,770

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)
$4,055per month

Mortgage amount $759,920 · 4.14% over 25 years

$189,980Down payment (20.0%)
$759,920Loan before insurance
$0CMHC premium
$4,496Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,055
Property tax
$440
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,496

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

One-time closing costs

Ontario land transfer tax
$15,473
Estimated closing costs
$15,473

Plus your down payment of $189,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,925/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

$456,645Total interest paid
$1,216,565Total of all payments
Principal $759,920 Interest $456,645
YearPrincipalInterestBalance
1$17,802$30,860$742,118
2$18,547$30,116$723,571
3$19,323$29,340$704,248
4$20,131$28,532$684,117
5$20,973$27,690$663,144
6$21,850$26,812$641,294
7$22,764$25,898$618,529
8$23,716$24,946$594,813
9$24,708$23,954$570,105
10$25,742$22,921$544,363
11$26,819$21,844$517,544
12$27,941$20,722$489,603
13$29,109$19,553$460,494
14$30,327$18,336$430,167
15$31,595$17,067$398,572
16$32,917$15,746$365,655
17$34,294$14,369$331,361
18$35,728$12,934$295,633
19$37,223$11,440$258,410
20$38,780$9,883$219,630
21$40,402$8,261$179,228
22$42,092$6,571$137,137
23$43,852$4,810$93,284
24$45,687$2,976$47,598
25$47,598$1,065$0

At the end of your 5-year term

Total paid over the term
$243,313
Principal paid down
$96,776
Interest paid
$146,537
Balance remaining
$663,144

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
1.9%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.

2.9%
Gross yield
− Property tax $5,285− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,879

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REAL BROKER ONTARIO LTD.. MLS®/PropTx.

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