514-1936 Rymal Road, Hamilton, ON
Rural Glanbrook, Hamilton · MLS® X13422366
About this home
One Bed Plus DEN. An incredible opportunity to purchase a brand new condo directly from the builder with all taxes included at a price point that is becoming increasingly hard to find. This is a rare chance to get into a thoughtfully designed, move-in-ready space in a growing community without the typical added costs. Located at PEAK Condos by Royal Living Development on the Upper Stoney Creek Mountain, the setting offers a nice balance of convenience and nature, directly across from the Eramosa Karst Conservation Area. The suite itself is a well-laid-out 1 Bedroom plus DEN giving it an open, comfortable feel. The finishes are clean and modern quartz counters, vinyl plank flooring, pot lights, and stainless steel appliances without feeling overdone. The primary bedroom has its own walk-in closet. The den is flexible and works well as a home office or an occasional guest area. It also includes the practical pieces that matter, underground parking, a storage locker, and in-suite laundry. The building offers a rooftop terrace with BBQs, a fitness room, party space, and bike storage, but what really stands out is how easy the location is, with quick highway access and everyday amenities close by. Overall, it's a smart, straightforward opportunity for someone looking for a new build at an approachable price, without the usual complexity.
Key facts
- Property type
- Condo Apartment, 1 Storey/Apt
- MLS®
- X13422366
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 600-699
- Cross streets
- Fletcher Rd & Rymal Rd E
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Heat Pump
- A/C
- Central Air
- Exterior
- Brick, Stucco (Plaster)
- Maintenance
- $443/mo
- Exposure
- East
- Property tax
- $3,421 / 2025
- Days on market
- 38
- Listing brokerage
- ROYAL LEPAGE REALTY PLUS OAKVILLE
Rooms
Walk-In Closet(s)
W/O To Balcony
4 Pc Bath
Listed at $399,900, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Rural Glanbrook, so I widened the search to the surrounding area.
Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $422K, a bit higher.
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 $300K
- Adjusts to $300K
That comparable adjusts to $300K; the $370K estimate above is the median of all 10 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. RYMAL at FLETCHER is about a 2-minute walk away.
Total price vs nearby homes. Fair value about $370K, median of 10 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.
- Primary suite: a key comfort and resale feature.
- Development potential: upside only if zoning permits, verify with the city before relying on it.
- Lifestyle
- Worth verifying
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 12% above the area average of $552/sqft.
23 days longer than the Hamilton average (15 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Rural Glanbrook, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: RYMAL at FLETCHER, about 153 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 17, 2026); conventional rates run a little higher.
Mortgage amount $319,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,707
- Property tax
- $285
- Condo / maintenance fees
- $443
- Heating
- $0
- Estimated monthly cost
- $2,435
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $4,474
- Estimated closing costs
- $4,474
Plus your down payment of $79,980. 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
- $102,433
- Principal paid down
- $40,742
- Interest paid
- $61,691
- Balance remaining
- $279,178
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 ROYAL LEPAGE REALTY PLUS OAKVILLE. MLS®/PropTx.