71 Aikman Avenue, Hamilton, ON

Gibson, Hamilton · MLS® X13433864

$650,000
For Sale
Listed 41 days ago
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5Bedrooms
2Bathrooms
0Parking
2000-2500Sq Ft

About this home

Welcome to 71 Aikman Avenue, a charming home that has been lovingly owned and enjoyed by the same family for nearly 20 years. Offering a warm and inviting atmosphere, this home blends character, comfort, and convenience in a desirable Hamilton location. The updated kitchen serves as the heart of the home and features beautiful granite countertops installed in 2020. Perfectly situated beside the rear entrance, it offers easy access to the backyard, making outdoor entertaining and everyday living a breeze. Gather with family and friends in the formal dining room or unwind in the private backyard, an ideal space for relaxing, gardening, or enjoying summer evenings. A unique loft area adds valuable flexibility and can be used as a home office, creative studio, reading nook, or additional living space. Equipped with its own mini-split system providing both heating and cooling, this versatile area can be enjoyed comfortably throughout the year.Important updates include windows replaced in 2017, a roof completed in 2017, and granite kitchen countertops installed in 2020, offering added value and peace of mind. Parking is conveniently available on both sides of the street for residents and guests alike.

Key facts

Property type
Detached, 2 1/2 Storey
MLS®
X13433864
Bedrooms
5
Bathrooms
2 (1 half)
Size
2000-2500
Lot
28.5 × 100 ft
Cross streets
Main St East / Sandford Ave South
Parking
0 parking
Driveway
None
Basement
Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,952 / 2026
Days on market
41
Listing brokerage
RE/MAX ESCARPMENT GOLFI REALTY INC.

Rooms

KitchenMain3.56 × 3.28 m
BedroomSecond3.66 × 3.00 m
BedroomSecond4.04 × 3.00 m
Dining RoomMain4.42 × 3.25 m
DenThird1.75 × 4.14 m
BedroomSecond3.61 × 3.05 m
BathroomSecond0.00 × 0.00 m

4 Pc Bath

FoyerMain2.18 × 1.93 m
BedroomThird3.61 × 4.83 m
Living RoomMain4.32 × 3.25 m
BathroomMain0.00 × 0.00 m

2 Pc Bath

BedroomSecond3.53 × 3.00 m
Moe’s TakeTeam Asgarian · Broker
In line
$784Kest. value

Listed at $650,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

In Gibson lately, sellers have been getting about 96% of asking and homes sell in about 31 days.

Based on 49 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 49 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $724K, 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 $1.10M
  • Bedrooms +$22K
  • Bathrooms −$11K
  • Adjusts to $1.11M

That comparable adjusts to $1.11M; the $784K estimate above is the median of all 49 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.

List price
$637KGreat deal$861KOverpriced

Total price vs nearby homes. Fair value about $784K, median of 49 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.

  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Comparable listingsCurrently listed nearby in Gibson · asking prices
$636kavg asking

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

10 Fairleigh Avenue$559k44 Arthur Avenue$670k70 Gage Avenue$800k39 Arthur Avenue$420k90 Holton Avenue$730k

The 5 closest of 7 active listings nearby.

See all comparable homes
650kThis home559k670k800k420k730kThis home vs active comparables
Live market pulseActive comparables in Gibson · median list $730K
$289this home / sqft
7active listings nearby
41days on market
70sold nearby · 90 days
$664Kmedian sold price
96%of asking, on average

This home lists 22% below the area average of $371/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

Gibson, 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.

Raleigh
$615K
Crown Point
$618K
Hamilton Beach
$1.45M
Rural Glanbrook
$924K
Stoney Creek Mountain
$880K

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
$2,962/mo
$130KIncome needed
5.0×Price ÷ income
$684Weekly 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.

88%mortgage
Mortgage $2,962Property tax $413Total carry $3,375

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)
$2,775per month

Mortgage amount $520,000 · 4.14% over 25 years

$130,000Down payment (20.0%)
$520,000Loan before insurance
$0CMHC premium
$3,188Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,775
Property tax
$413
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,188

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

One-time closing costs

Ontario land transfer tax
$9,475
Estimated closing costs
$9,475

Plus your down payment of $130,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,370/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

$312,474Total interest paid
$832,474Total of all payments
Principal $520,000 Interest $312,474
YearPrincipalInterestBalance
1$12,182$21,117$507,818
2$12,691$20,608$495,127
3$13,222$20,077$481,905
4$13,775$19,524$468,129
5$14,351$18,947$453,778
6$14,952$18,347$438,826
7$15,577$17,722$423,249
8$16,229$17,070$407,020
9$16,908$16,391$390,113
10$17,615$15,684$372,498
11$18,352$14,947$354,146
12$19,119$14,180$335,027
13$19,919$13,380$315,108
14$20,752$12,547$294,356
15$21,620$11,679$272,736
16$22,524$10,774$250,211
17$23,467$9,832$226,745
18$24,448$8,851$202,296
19$25,471$7,828$176,825
20$26,536$6,763$150,289
21$27,646$5,653$122,643
22$28,803$4,496$93,840
23$30,007$3,292$63,833
24$31,263$2,036$32,570
25$32,570$729$0

At the end of your 5-year term

Total paid over the term
$166,495
Principal paid down
$66,222
Interest paid
$100,273
Balance remaining
$453,778

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$4,200/mo
$50,400Gross annual rent
5.9%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.

7.8%
Gross yield
− Property tax $4,952− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $38,504

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT GOLFI REALTY INC.. MLS®/PropTx.

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