514 Old Mud Street, Hamilton, ON
Albion Falls, Hamilton · MLS® X13432898
About this home
This beautifully maintained 4-bedroom, 3+1 bathroom home offers over 2,200 sqft of well-designed living space, perfect for growing families or multi-generational living. Located in a highly sought-after Stoney Creek, this home delivers comfort, convenience, and flexibility all in one. The main floor boasts a bright and open layout with spacious living and dining areas, perfect for entertaining. The functional kitchen offers ample cabinetry and flows seamlessly into the cozy family room-great for everyday living. Upstairs, you'll find four large bedrooms, including a serene primary suite with a private ensuite and walk-in closet. A convenient second-level laundry room adds everyday ease. The fully finished basement includes a large rec area, full bathroom, and its own laundry room, making it ideal for an in-law suite, guest space, or rental potential. Outside, enjoy a private yard perfect for relaxing, barbecuing, or letting kids and pets play. Situated just minutes from the Redhill, QEW, top-rated schools, shopping, restaurants, and even a movie theatre, you'll love the unbeatable convenience of this location. This is the home that checks all the boxes-don't miss your chance to make it yours!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- X13432898
- Bedrooms
- 4
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500
- Lot
- 32.81 × 98.52 ft
- Cross streets
- Winterberry Drive
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private Double
- Basement
- Full, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,386 / 2025
- Days on market
- 40
- Listing brokerage
- PSR
Rooms
4 Pc Ensuite
2 Pc Bath
3 Pc Bath
3 Pc Bath
Ensuite Bath
Listed at $949,900, this home is about 21% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
In Albion Falls lately, sellers have been getting about 96% of asking and homes sell in about 33 days.
There were not many closely comparable homes right in Albion Falls, so I widened the search to the surrounding area.
Based on 99 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 99 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $907K, lower than the comparables and worth a second look.
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 $1.05M
- Adjusts to $1.05M
That comparable adjusts to $1.05M; the $1.20M estimate above is the median of all 99 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.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Bus stop is about a 6-minute walk away.
Total price vs nearby homes. Fair value about $1.20M, median of 99 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Primary suite: a key comfort and resale feature.
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 16% below the area average of $501/sqft.
36 days longer than the Hamilton average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Albion Falls, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Somewhat 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.
Some errands on foot, but most trips need a car.
🚉 Nearest transit: Bus stop, about 519 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 22, 2026); conventional rates run a little higher.
Mortgage amount $759,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,055
- Property tax
- $532
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,587
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $15,473
- Estimated closing costs
- $15,473
Plus your down payment of $189,980. 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
- $243,313
- Principal paid down
- $96,776
- Interest paid
- $146,537
- Balance remaining
- $663,144
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 PSR. MLS®/PropTx.