192 Ewen Road, Hamilton, ON
Ainslie Wood, Hamilton · MLS® X13427470
About this home
Introducing this spacious and versatile three + two-bedroom bungalow in sought-after Ainslie Wood, offering over 1,600 square foot above grade space and exceptional potential for multigenerational living. Ideally located just minutes from McMaster University, Westdale Village, parks, schools, transit, and major amenities. This well-designed home features generous principal rooms, multiple living spaces, and a functional layout perfectly suited for extended families, in-laws, or those seeking flexible living arrangements. The fully finished lower level offers additional bedrooms, living space, and endless possibilities for private family accommodations. Situated on a desirable lot in one of Hamilton's most established west-end neighbourhoods, this is a rare opportunity to own a large bungalow in a prime location with incredible long-term value and versatility. RSA.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- X13427470
- Bedrooms
- 5 (3 + 2)
- Bathrooms
- 3
- Size
- 1500-2000
- Lot
- 55 × 120 ft
- Cross streets
- Main St W to Whitney Ave to Ewen Rd
- Parking
- 3 parking
- Driveway
- Private
- Basement
- Finished, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,603 / 2025
- Days on market
- 42
- Listing brokerage
- RE/MAX ESCARPMENT REALTY INC.
Rooms
Listed at $699,000, this home is about 20% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
In Ainslie Wood lately, sellers have been getting about 98% of asking and homes sell in about 28 days.
There were not many closely comparable homes right in Ainslie Wood, so I widened the search to the surrounding area.
Based on 50 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 50 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $924K, 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 $725K
- Bedrooms +$25K
- Bathrooms +$13K
- Adjusts to $763K
That comparable adjusts to $763K; the $876K estimate above is the median of all 50 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 $876K, median of 50 comparables.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 7 active listings nearby.
See all comparable homes39 days longer than the Hamilton average (3 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Ainslie Wood, 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 23, 2026); conventional rates run a little higher.
Mortgage amount $559,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,984
- Property tax
- $550
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,534
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $10,455
- Estimated closing costs
- $10,455
Plus your down payment of $139,800. 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
- $179,046
- Principal paid down
- $71,214
- Interest paid
- $107,832
- Balance remaining
- $487,986
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 RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.