267 Penny Lane, Hamilton, ON
Stoney Creek Mountain, Hamilton · MLS® X13417700
About this home
The exceptionally Beautiful spacious Home Boasts Over 4000 Sqft of Living Space, FullyRenovated layout offers four (4) large bedrooms and five (5) bathrooms, including asecond-floor laundry room for ultimate convenience and a luxurious primary suite. The mainlevel is designed for both productivity and entertainment, featuring a private office, a formalliving room, a separate family room, and a family-sized eat-in kitchen complete with aconvenient butler's pantry. Downstairs, the finished basement acts as the ultimate retreat,offering a custom home theatre and games room equipped with two wet bars and a unique built-invault. High-end details elevate the entire property, which is fully upgraded with modernrecessed pot lights installed throughout the home. Jacuzzi Tub In the Basement. A SpectacularlyOver-Sized Fully Fenced Pie shaped Back Yard included Sprinkler System, With Large Size WoodDeck, gas pipe line for BBQ. 200 Amp. Breaker system.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- X13417700
- Bedrooms
- 4
- Bathrooms
- 5
- Size
- 3000-3500
- Lot
- 38.37 × 128.72 ft
- Cross streets
- South of Trafalgar/East of Penny Lane
- Parking
- 2 garage · 5 parking (attached)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,000 / 2026
- Days on market
- 44
- Listing brokerage
- HOMELIFE/MIRACLE REALTY LTD
Rooms
breakfast bar · custom backsplash · centre island
Window
4 pc ensuite · closet organizers
3 Pc Bath
5 pc ensuite · walk-in closet(s)
bar sink · dry bar
4 pc ensuite · closet organizers
overlooks living · large window · hardwood floor
california shutters · fireplace
5 pc ensuite · walk-in closet(s)
Listed at $1,499,000, this home is about 27% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($461/sqft) is below the area, so you are paying for extra space rather than a premium.
In Stoney Creek Mountain lately, sellers have been getting about 96% of asking and homes sell in about 41 days.
Based on 34 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 34 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.28M, a close match.
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 $960K
- Size difference +$102K
- Bathrooms +$29K
- Adjusts to $1.09M
That comparable adjusts to $1.09M; the $1.18M estimate above is the median of all 34 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 $1.18M, median of 34 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. Value driver
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 9% below the area average of $509/sqft.
41 days longer than the Hamilton average (3 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Stoney Creek Mountain, 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
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 $1,199,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,399
- Property tax
- $750
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,149
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $26,455
- Estimated closing costs
- $26,455
Plus your down payment of $299,800. 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
- $383,963
- Principal paid down
- $152,718
- Interest paid
- $231,244
- Balance remaining
- $1,046,482
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 HOMELIFE/MIRACLE REALTY LTD. MLS®/PropTx.