589 Glover Road, Hamilton, ON

Rural Glanbrook, Hamilton · MLS® X13434088

$839,999
For Sale
Listed 41 days ago
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4Bedrooms
1Bathrooms
2Garage · 12 parking
1100-1500Sq Ft

About this home

Space, versatility, and opportunity await at 589 Glover Road! Situated on over 2 acres of property in the desirable Glanbrook area, this home is perfect for those looking for room to grow, work, and play. Whether you're a mechanic, contractor, woodworker, hobbyist, or simply someone who needs extra space, the massive, heated workshop is a rare find and offers endless possibilities year-round. The property also features a detached garage, an inground pool, and a hot tub, creating the perfect balance between work and relaxation. Inside, the home offers a flexible layout with potential for an in-law suite, making it ideal for multi-generational living or those seeking additional living space. Bring your vision and make this property your own. With ample parking, plenty of outdoor space, and sought-after features that are hard to find, this is a unique opportunity you won't want to miss.

Key facts

Property type
Detached, Bungalow
MLS®
X13434088
Bedrooms
4 (3 + 1)
Bathrooms
1
Size
1100-1500
Lot
88.33 × 621.7 ft
Cross streets
Rymal Road E
Parking
2 garage · 12 parking (detached)
Driveway
Front Yard Parking, Private Double
Basement
Full, Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Septic
Pool
Inground
Property tax
$5,704 / 2025
Days on market
41
Listing brokerage
RE/MAX ESCARPMENT FRANK REALTY

Rooms

Primary BedroomMain3.65 × 4.02 m
OtherBasement5.97 × 2.83 m
Dining RoomMain1.95 × 2.83 m
KitchenMain3.16 × 2.83 m
Living RoomMain5.27 × 3.74 m
BedroomMain2.77 × 2.86 m
BedroomMain2.80 × 4.05 m
OtherBasement10.30 × 7.77 m
BedroomBasement3.81 × 3.38 m
Family RoomMain5.82 × 3.68 m
BathroomMain0.00 × 0.00 m

4 Pc Bath

Moe’s TakeTeam Asgarian · Broker
In line
$775Kest. value

Listed at $839,999, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.

In Rural Glanbrook lately, sellers have been getting about 98% of asking and homes sell in about 28 days. Prices are down 12% versus a year ago.

There were not many closely comparable homes right in Rural Glanbrook, so I widened the search to the surrounding area.

Based on 23 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 23 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $857K, a bit higher.

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 $695K
  • Bedrooms +$25K
  • Bathrooms −$25K
  • Adjusts to $695K

That comparable adjusts to $695K; the $775K estimate above is the median of all 23 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
$675KGreat deal$850KOverpriced

Total price vs nearby homes. Fair value about $775K, median of 23 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$697kavg asking

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

67 Massena Drive$729k76 MARGARET Avenue$659k258 Sanatorium Road$750k226 Bel Air Avenue$745k816 Dunn Avenue$600k

The 5 closest active listings nearby.

See all comparable homes
840kThis home729k659k750k745k600kThis home vs active comparables
Live market pulseActive comparables in Rural Glanbrook · median list $1.06M
$646this home / sqft
10active listings nearby
41days on market
12sold nearby · 90 days
$837Kmedian sold price
98%of asking, on average
12%vs a year ago

This home lists 11% below the area average of $727/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 Glanbrook, 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.

Stoney Creek Mountain
$880K
Binbrook
$890K
Raleigh
$615K
Crown Point
$618K
Stoney Creek
$1.10M

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
$3,828/mo
$165KIncome needed
5.1×Price ÷ income
$883Weekly 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.

89%mortgage
Mortgage $3,828Property tax $475Total carry $4,304

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)
$3,586per month

Mortgage amount $671,999 · 4.14% over 25 years

$168,000Down payment (20.0%)
$671,999Loan before insurance
$0CMHC premium
$4,061Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,586
Property tax
$475
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,061

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

One-time closing costs

Ontario land transfer tax
$13,275
Estimated closing costs
$13,275

Plus your down payment of $168,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,356/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

$403,812Total interest paid
$1,075,811Total of all payments
Principal $671,999 Interest $403,812
YearPrincipalInterestBalance
1$15,743$27,290$656,257
2$16,401$26,631$639,855
3$17,087$25,945$622,768
4$17,802$25,231$604,966
5$18,547$24,486$586,420
6$19,322$23,710$567,098
7$20,130$22,902$546,967
8$20,973$22,060$525,995
9$21,850$21,183$504,145
10$22,764$20,269$481,381
11$23,716$19,317$457,665
12$24,708$18,325$432,957
13$25,741$17,291$407,216
14$26,818$16,214$380,398
15$27,940$15,093$352,458
16$29,109$13,924$323,350
17$30,326$12,706$293,023
18$31,595$11,438$261,429
19$32,916$10,116$228,513
20$34,293$8,739$194,220
21$35,727$7,305$158,492
22$37,222$5,811$121,270
23$38,779$4,254$82,492
24$40,401$2,632$42,091
25$42,091$942$0

At the end of your 5-year term

Total paid over the term
$215,162
Principal paid down
$85,579
Interest paid
$129,583
Balance remaining
$586,420

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$2,300/mo
$27,600Gross annual rent
2.1%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.

3.3%
Gross yield
− Property tax $5,704− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,460

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

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