111 Gracehill Crescent, Hamilton, ON

Freelton, Hamilton · MLS® X13420986

$499,900
For Sale
Listed 38 days ago
2Bedrooms
3Bathrooms
1Garage · 2 parking
1100-1500Sq Ft

About this home

Spacious & Meticulously Maintained Home In Highly Sought After Hamilton Community! Fully Landscaped Lot Encapsulated By Well Manicured Mature Trees Offering Both Privacy & Beauty, Stunning Curb Appeal & Enclosed Porch Complete With Invisible Dog Fence, Recreation Centre, Gym, Sauna, Pool Tables, Horseshoe Pits, Shuffleboard, Weekly Activities & Outdoor Saltwater Pool All Within Walking Distance, Beautifully Updated Flooring Throughout - Carpet Free! Low-Entry Showers & Rare Murphy's Bed That Quickly Converts From A Bedroom To Office, Professionally Painted, Sprawling Open Concept Layout, Truly The Epitome Of Family Living Exemplifying Homeownership Pride, Generously Sized Bedrooms, Spacious Layout Ideal For Entertaining & Family Fun Without Compromising Privacy! Stunningly Renovated Open Concept Basement, Plenty Of Natural Light Pours Through The Massive Windows, Peaceful & Safe Family Friendly Neighbourhood, Beautiful Flow & Transition! Perfect Starter Or Downsize Home, Surrounded By All Amenities Including Trails, Parks, Playgrounds, Golf, & Highway, Ample Parking, Packed With Value & Everything You Could Ask For In A Home So Don't Miss Out!

Key facts

Property type
Detached, Bungalow
MLS®
X13420986
Bedrooms
2
Bathrooms
3
Size
1100-1500
Cross streets
8th Concession Road West & Westover Road
Parking
1 garage · 2 parking (built-in)
Driveway
Private, Inside Entry
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Vinyl Siding
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Septic
Pool
Outdoor, Community, Salt
Days on market
38
Listing brokerage
RIGHT AT HOME REALTY

Rooms

BedroomMain4.22 × 5.30 m

wood · walk-in closet(s) · 4 pc ensuite

Living RoomMain4.45 × 6.19 m

wood · w/o to deck · open concept

KitchenMain3.09 × 4.71 m

linoleum · stainless steel appl · vaulted ceiling(s)

BedroomMain3.33 × 2.95 m

wood · murphy bed · large window

Dining RoomMain4.41 × 3.32 m

wood · open concept · combined w/kitchen

RecreationBasement8.29 × 9.19 m

wood · fireplace · open concept

Moe’s TakeTeam Asgarian · Broker
Below comparables
$707Kest. value

Listed at $499,900, this home is about 29% 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 Freelton, so I widened the search to the surrounding area.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths.

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 $880K
  • Size difference +$213K
  • Bedrooms −$30K
  • Bathrooms +$15K
  • Adjusts to $1.08M

That comparable adjusts to $1.08M; the $707K estimate above is the median of all 5 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. Doyle Bloodstock Transportation is about a 104-minute walk away. Worth weighing if transit access matters to you.

List price
$500KGreat deal$893KOverpriced

Total price vs nearby homes. Fair value about $707K, median of 5 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.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$666kavg asking

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

237 PALING Avenue$479k735 Dunn Avenue$475k546 Dicenzo Drive$800k31 Summercrest Drive$695k31 CAMERON Avenue$880k

The 5 closest active listings nearby.

See all comparable homes
500kThis home479k475k800k695k880kThis home vs active comparables
Live market pulseActive comparables in Freelton · median list $1.29M
$385this home / sqft
8active listings nearby
38days on market

36 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

Freelton, 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: Doyle Bloodstock Transportation, about 8.3 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 Flamborough
$1.15M
Dundas
$1.05M
Waterdown
$1.37M
Westdale
$1.39M
Ancaster
$1.23M

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
$2,278/mo
$101KIncome needed
5.0×Price ÷ income
$526Weekly 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.

88%mortgage
Mortgage $2,278Property tax $312Total carry $2,591

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)
$2,134per month

Mortgage amount $399,920 · 4.14% over 25 years

$99,980Down payment (20.0%)
$399,920Loan before insurance
$0CMHC premium
$2,447Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,134
Property tax
$312
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$2,447

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

One-time closing costs

Ontario land transfer tax
$6,473
Estimated closing costs
$6,473

Plus your down payment of $99,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,592/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

$240,316Total interest paid
$640,236Total of all payments
Principal $399,920 Interest $240,316
YearPrincipalInterestBalance
1$9,369$16,241$390,551
2$9,761$15,849$380,791
3$10,169$15,441$370,622
4$10,594$15,015$360,027
5$11,037$14,572$348,990
6$11,499$14,110$337,491
7$11,980$13,629$325,511
8$12,481$13,128$313,030
9$13,003$12,606$300,027
10$13,547$12,062$286,479
11$14,114$11,496$272,366
12$14,704$10,905$257,661
13$15,319$10,290$242,342
14$15,960$9,649$226,382
15$16,628$8,982$209,755
16$17,323$8,286$192,432
17$18,048$7,562$174,384
18$18,803$6,807$155,581
19$19,589$6,020$135,992
20$20,408$5,201$115,584
21$21,262$4,347$94,322
22$22,151$3,458$72,170
23$23,078$2,531$49,092
24$24,043$1,566$25,049
25$25,049$560$0

At the end of your 5-year term

Total paid over the term
$128,047
Principal paid down
$50,930
Interest paid
$77,117
Balance remaining
$348,990

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
3.9%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.

5.5%
Gross yield
− Property tax $3,499− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $19,665

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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