10-266 Limeridge Road, Hamilton, ON

Bruleville, Hamilton · MLS® X13422368

$399,999
For Sale
Listed 38 days ago
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2Bedrooms
2Bathrooms
1Parking
1200-1399Sq Ft

About this home

Welcome to unit 10 at 266 Limeridge Rd E. This 2 bed, 1.5 bath stacked condo townhouse with parking offers fantastic value for a first time home buyer or investor. The large open concept living and dining area features gleaming parquet flooring and sliding glass doors out to a private balcony. A two piece washroom off of the dining area offers convenience. The eat in kitchen features a newer dishwasher and brand new range hood. New windows just installed by the condo corp allow sunlight to pour in from the western exposure. Newer carpet free stairs lead you up to the bedroom level. Upstairs you'll find two large bedrooms, one with a walkout to a small balcony, the other with new windows. The primary 4 piece bath and a combo washer/dryer complete this level. Conveniently located on the central mountain with easy access to the LINC, public transit, Limeridge Mall and many amenities. This unit is freshly painted and vacant providing the perfect hassle free clean slate for a new owner.

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
X13422368
Bedrooms
2
Bathrooms
2 (1 half)
Size
1200-1399
Cross streets
Upper Wellington
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Poured Concrete
Roof
Asphalt Shingle
Maintenance
$623/mo
Exposure
West
Property tax
$2,928 / 2026
Days on market
38
Listing brokerage
COLDWELL BANKER COMMUNITY PROFESSIONALS

Rooms

BathroomMain1.75 × 0.81 m

2 Pc Bath

KitchenMain3.45 × 3.35 m

Eat-in Kitchen

Bedroom 2Second4.52 × 3.05 m

W/O To Balcony

Dining RoomMain4.50 × 2.92 m

Combined w/Living

Primary BedroomSecond4.55 × 3.84 m
Living RoomMain4.52 × 2.54 m

combined w/dining · balcony

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$527Kest. value

Listed at $399,999, this home is tracking about 24% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 78 similar homes nearby, adjusted for size, beds, and baths.Median of 78 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $449K, 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 $575K
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $530K

That comparable adjusts to $530K; the $527K estimate above is the median of all 78 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. UPPER WELLINGTON at LIMERIDGE is about a 2-minute walk away.

List price
$400KGreat deal$612KOverpriced

Total price vs nearby homes. Fair value about $527K, median of 78 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.

  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$672kavg asking

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

58-515 North Service Road$699k310 Fall Fair Way$500k245 Burke Street$818k

The 3 closest active listings nearby.

See all comparable homes
400kThis home699k500k818kThis home vs active comparables
Live market pulseActive comparables in Hamilton · median list $560K
$308this home / sqft
81active listings nearby
38days on market

This home lists 31% below the area average of $445/sqft.

16 days longer than the Hamilton average (22 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Bruleville, 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

69/ 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: UPPER WELLINGTON at LIMERIDGE, about 151 m away

20+ transit stops5 grocery20+ dining15 parks15 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.

Butler
$519K
Quinndale
$477K
Broughton
$600K
Twenty Place
$555K
Red Hill
$450K

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
$1,823/mo
$93KIncome needed
4.3×Price ÷ income
$421Weekly 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.

68%mortgage
Mortgage $1,823Property tax $244Condo fee $623Total carry $2,690

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)
$1,708per month

Mortgage amount $319,999 · 4.14% over 25 years

$80,000Down payment (20.0%)
$319,999Loan before insurance
$0CMHC premium
$2,575Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,708
Property tax
$244
Condo / maintenance fees
$623
Heating
$0
Estimated monthly cost
$2,575

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

One-time closing costs

Ontario land transfer tax
$4,475
Estimated closing costs
$4,475

Plus your down payment of $80,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,074/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

$192,291Total interest paid
$512,290Total of all payments
Principal $319,999 Interest $192,291
YearPrincipalInterestBalance
1$7,496$12,995$312,503
2$7,810$12,682$304,693
3$8,137$12,355$296,556
4$8,477$12,015$288,079
5$8,832$11,660$279,247
6$9,201$11,291$270,046
7$9,586$10,906$260,460
8$9,987$10,505$250,473
9$10,405$10,087$240,069
10$10,840$9,652$229,229
11$11,293$9,198$217,936
12$11,766$8,726$206,170
13$12,258$8,234$193,912
14$12,771$7,721$181,142
15$13,305$7,187$167,837
16$13,861$6,630$153,976
17$14,441$6,051$139,535
18$15,045$5,447$124,490
19$15,674$4,817$108,815
20$16,330$4,162$92,485
21$17,013$3,479$75,472
22$17,725$2,767$57,748
23$18,466$2,026$39,282
24$19,238$1,253$20,043
25$20,043$448$0

At the end of your 5-year term

Total paid over the term
$102,458
Principal paid down
$40,752
Interest paid
$61,706
Balance remaining
$279,247

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
8.2%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.

12.3%
Gross yield
− Property tax $2,928− Condo fees $7,478− Insurance $600− Vacancy & upkeep $5,412Net operating income $32,782

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of COLDWELL BANKER COMMUNITY PROFESSIONALS. MLS®/PropTx.

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