2529 Norman Road, Hamilton, ON

Rural Flamborough, Hamilton · MLS® X13432844

$1,099,999
For Sale
Listed 41 days ago
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6Bedrooms
3Bathrooms
25Garage · 125 parking
1500-2000Sq Ft

About this home

Welcome To This Beautiful Fully Green Oases On Over Half Acre Land ,16x32 Inground Pool With New Liner.NoNeighbours On Back Only Open Fields.Absolutely Gorgeous Country Home With Breathtaking ViewsOnly 10 Mins From Cambridge.6 Bedrooms Raised Bungalow With Many Updates Including 2 Year OldHeat Pump(AC/Heater 8 Years Label/Parts Warranty)2 Year Old Septic Pump,Water Pump,WaterSoftener,HWT, Duel Sump Pump With Backup Battery,Replaced Well Pump.Driveway Done Less Than 5Years Ago With Parking For 10 Cars ,Armour Stone Surrounding The Garden.Open Concept KitchenWith Granite Countertop And Large Island.Beautiful Hickory Floor On The Main Floor.CommercialGrade Vinyl Throughout The Basement.3 Bedroom Basement Apartment With Kitchen And SeparateEntrance.Fully Insulated And Heated 2.5 Car Garage.Unwind On Newly Renovated Huge Raised DeckWith Sunset Views.Perfect For Family Gatherings And Entertaining.

Key facts

Property type
Detached, Bungalow-Raised
MLS®
X13432844
Bedrooms
6 (3 + 3)
Bathrooms
3 (1 half)
Size
1500-2000
Lot
150 × 192 ft
Cross streets
Norman rd
Parking
25 garage · 125 parking (detached)
Driveway
Private Double
Basement
Apartment, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Heat Pump
A/C
Other
Exterior
Board & Batten , Stone
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Septic
Pool
Inground
Property tax
$6,136 / 2025
Days on market
41
Listing brokerage
KINGSWAY REAL ESTATE

Rooms

Bedroom 3Main3.51 × 3.71 m

b/i closet · hardwood floor

Bedroom 2Main3.12 × 3.07 m

b/i bookcase · b/i desk · hardwood floor

KitchenMain5.31 × 4.27 m

breakfast bar · centre island · granite counters

Dining RoomMain4.65 × 4.27 m

w/o to deck · combined w/kitchen · hardwood floor

Primary BedroomBasement5.33 × 4.27 m

overlooks frontyard · vinyl floor · large window

LaundryMain3.71 × 3.45 m

b/i closet · laundry sink

Living RoomMain4.37 × 3.81 m

combined w/dining · hardwood floor

Living RoomBasement4.11 × 7.21 m

combined w/kitchen · dry bar · overlooks backyard

Bedroom 3Basement3.51 × 3.51 m

large closet · vinyl floor · large window

Bedroom 2Basement3.71 × 3.56 m

vinyl floor · large window

Primary BedroomMain3.99 × 3.66 m

2 pc ensuite · b/i closet · hardwood floor

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$1.56Mest. value

Listed at $1,099,999, this home is tracking about 30% 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 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 $1.43M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $1.17M
  • Bedrooms +$60K
  • Adjusts to $1.23M

That comparable adjusts to $1.23M; the $1.56M 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.

List price
$1.10MGreat deal$2.16MOverpriced

Total price vs nearby homes. Fair value about $1.56M, 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby in Rural Flamborough · asking prices
$1.38Mavg asking

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

1837 6th Con Road$1.17M318 10th Concession Road E$1.20M108 Highway 52$1.20M2172 Centre Road$1.95M

The 4 closest active listings nearby.

See all comparable homes
1.10MThis home1.17M1.20M1.20M1.95MThis home vs active comparables
Live market pulseActive comparables in Rural Flamborough · median list $2.20M
$629this home / sqft
10active listings nearby
41days on market

This home lists 13% below the area average of $721/sqft.

38 days longer than the Hamilton average (3 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Rural Flamborough, 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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Ancaster
$1.19M
Dundas
$993K
Meadowlands
$1.10M
Waterdown
$1.39M
Raleigh
$615K

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
$5,013/mo
$211KIncome needed
5.2×Price ÷ income
$1,157Weekly 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.

91%mortgage
Mortgage $5,013Property tax $511Total carry $5,525

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,696per month

Mortgage amount $879,999 · 4.14% over 25 years

$220,000Down payment (20.0%)
$879,999Loan before insurance
$0CMHC premium
$5,207Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,696
Property tax
$511
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,207

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

One-time closing costs

Ontario land transfer tax
$18,475
Estimated closing costs
$18,475

Plus your down payment of $220,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,704/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

$528,802Total interest paid
$1,408,801Total of all payments
Principal $879,999 Interest $528,802
YearPrincipalInterestBalance
1$20,615$35,737$859,384
2$21,478$34,874$837,906
3$22,376$33,976$815,530
4$23,312$33,040$792,218
5$24,287$32,065$767,931
6$25,303$31,049$742,628
7$26,361$29,991$716,267
8$27,464$28,888$688,803
9$28,613$27,739$660,190
10$29,810$26,542$630,380
11$31,057$25,296$599,324
12$32,356$23,996$566,968
13$33,709$22,643$533,259
14$35,119$21,233$498,140
15$36,588$19,764$461,552
16$38,118$18,234$423,434
17$39,713$16,639$383,721
18$41,374$14,978$342,347
19$43,105$13,248$299,243
20$44,908$11,445$254,335
21$46,786$9,566$207,549
22$48,743$7,609$158,806
23$50,782$5,570$108,025
24$52,906$3,446$55,119
25$55,119$1,233$0

At the end of your 5-year term

Total paid over the term
$281,760
Principal paid down
$112,068
Interest paid
$169,692
Balance remaining
$767,931

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$3,150/mo
$37,800Gross annual rent
2.4%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

3.4%
Gross yield
− Property tax $6,136− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,106

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KINGSWAY REAL ESTATE. MLS®/PropTx.

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