32 Allan Avenue, Hamilton, ON

Homeside, Hamilton · MLS® X13434372

$450,000
For Sale
Listed 41 days ago
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3Bedrooms
1Bathrooms
0Parking
700-1100Sq Ft

About this home

From the moment you open the door, this home impresses with every step you take. Vaulted ceilings and open concept layout make this three bedroom bungalow feel spacious and welcoming. Natural light pours in from every direction as the living room flows seamlessly into the larger-than-expected modern kitchen. Would-be chefs will be right at home with counter space + storage for days, brand new gas stove (2026), refrigerator (2026) + dishwasher (2026). Indoor/outdoor entertaining is seamless with a kitchen walk-out to the backyard deck. Enjoy morning coffee and summer evenings on the large, sunny deck as the kids and fur babies play in the fully fenced backyard. The covered front porch is an underrated bonus - the kind of charming detail that makes a house feel like a home before you even step inside. The primary bedroom is set aside from the other two bedrooms and allows for peaceful enjoyment. Situated in a family-friendly neighbourhood, a short walk from local schools, and basically next door to Andy Warburton Playground with a splash pad + shallow wading pool. Short drive from Ottawa St Farmers' Market and Gage Park. Washer + Dryer (2025). No permit needed for on street parking.

Key facts

Property type
Detached, Bungalow
MLS®
X13434372
Bedrooms
3
Bathrooms
1
Size
700-1100
Lot
25 × 78 ft
Cross streets
Kenilworth Ave N & Cannon St E
Parking
0 parking
Basement
Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Vinyl Siding
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,294 / 2025
Days on market
41
Listing brokerage
SUTTON GROUP - SUMMIT REALTY INC.

Rooms

Living RoomMain6.40 × 2.82 m

vaulted ceiling(s) · open concept

KitchenMain4.72 × 3.58 m

stainless steel appl · double sink · open concept

BedroomMain2.77 × 2.51 m
BedroomMain2.72 × 2.34 m
Primary BedroomMain3.35 × 2.59 m
Moe’s TakeTeam Asgarian · Broker
In line
$485Kest. value

Listed at $450,000, 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 Homeside lately, sellers have been getting about 96% of asking and homes sell in about 30 days.

Based on 82 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 82 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $487K, 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 $525K
  • Bedrooms +$15K
  • Bathrooms −$8K
  • Adjusts to $533K

That comparable adjusts to $533K; the $485K estimate above is the median of all 82 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
$393KGreat deal$532KOverpriced

Total price vs nearby homes. Fair value about $485K, median of 82 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
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby in Homeside · asking prices
$533kavg asking

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

84 Barons Avenue$460k334 Tragina Avenue$590k220 Paling Avenue$550k

The 3 closest active listings nearby.

See all comparable homes
450kThis home460k590k550kThis home vs active comparables
Live market pulseActive comparables in Homeside · median list $479K
$500this home / sqft
8active listings nearby
41days on market
100sold nearby · 90 days
$535Kmedian sold price
96%of asking, on average

This home lists 8% below the area average of $542/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

Homeside, 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.

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

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
$2,051/mo
$91KIncome needed
4.9×Price ÷ income
$473Weekly 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 $2,051Property tax $274Total carry $2,325

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)
$1,921per month

Mortgage amount $360,000 · 4.14% over 25 years

$90,000Down payment (20.0%)
$360,000Loan before insurance
$0CMHC premium
$2,196Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,921
Property tax
$275
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$2,196

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

One-time closing costs

Ontario land transfer tax
$5,475
Estimated closing costs
$5,475

Plus your down payment of $90,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,333/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

$216,328Total interest paid
$576,328Total of all payments
Principal $360,000 Interest $216,328
YearPrincipalInterestBalance
1$8,434$14,620$351,566
2$8,786$14,267$342,780
3$9,154$13,899$333,626
4$9,537$13,516$324,090
5$9,936$13,117$314,154
6$10,351$12,702$303,803
7$10,784$12,269$293,018
8$11,235$11,818$281,783
9$11,705$11,348$270,078
10$12,195$10,858$257,883
11$12,705$10,348$245,178
12$13,236$9,817$231,942
13$13,790$9,263$218,152
14$14,367$8,686$203,785
15$14,968$8,085$188,817
16$15,594$7,459$173,223
17$16,246$6,807$156,977
18$16,926$6,127$140,051
19$17,634$5,419$122,418
20$18,371$4,682$104,046
21$19,140$3,913$84,907
22$19,940$3,113$64,966
23$20,774$2,279$44,192
24$21,643$1,410$22,549
25$22,549$504$0

At the end of your 5-year term

Total paid over the term
$115,266
Principal paid down
$45,846
Interest paid
$69,420
Balance remaining
$314,154

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$1,450/mo
$17,400Gross annual rent
2.4%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.

3.9%
Gross yield
− Property tax $3,294− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $10,792

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP - SUMMIT REALTY INC.. MLS®/PropTx.

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