86 Mars Avenue, Hamilton, ON

Industrial Sector, Hamilton · MLS® X13435890

$524,900
For Sale
Listed 40 days ago
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3Bedrooms
2Bathrooms
0Parking
1100-1500Sq Ft

About this home

Welcome to 86 Mars Avenue, Hamilton. Situated in Hamilton's Keith/Industrial Sector (North End), this home is conveniently located just north of Barton Street and minutes from downtown. Recent updates include fresh paint, new flooring throughout, a renovated kitchen, and a new 4-piece bathroom on the main level. The main floor offers a separate living room and dining room with high ceilings, plus a den/home office off the kitchen. Upstairs, you'll find three spacious bedrooms and a 4-piece bathroom. A rear door off the kitchen leads to a fully fenced backyard. The backyard can be access by car via the alley.

Key facts

Property type
Detached, 2-Storey
MLS®
X13435890
Bedrooms
3
Bathrooms
2
Size
1100-1500
Lot
25 × 100 ft
Cross streets
Wentworth St N
Parking
0 parking
Basement
Unfinished, Walk-Up
Heating
Forced Air
A/C
None
Exterior
Vinyl Siding
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$2,554 / 2026
Days on market
40
Listing brokerage
CENTURY 21 MILLER REAL ESTATE LTD.

Rooms

KitchenMain4.57 × 2.74 m
Primary BedroomSecond3.86 × 3.25 m
BathroomMain2.51 × 1.75 m

4 Pc Bath

BedroomSecond3.12 × 2.51 m
DenMain3.48 × 2.26 m
BathroomSecond2.03 × 1.73 m

4 Pc Bath

Bedroom 2Second2.69 × 2.54 m
Living RoomMain3.81 × 3.58 m
FoyerMain3.81 × 1.47 m
Dining RoomMain3.89 × 4.19 m
Moe’s TakeTeam Asgarian · Broker
In line
$533Kest. value

Listed at $524,900, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

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

Based on 79 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 79 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $387K, 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 $345K
  • Bathrooms +$8K
  • Adjusts to $353K

That comparable adjusts to $353K; the $533K estimate above is the median of all 79 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
$479KGreat deal$615KOverpriced

Total price vs nearby homes. Fair value about $533K, median of 79 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
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
Comparable listingsCurrently listed nearby in Industrial Sector · asking prices
$458kavg asking

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

75 Keith Street$520k60 Keith Street$420k66 Mars Avenue$399k334 Gage Avenue$380k22 Francis Street$569k

The 5 closest of 8 active listings nearby.

See all comparable homes
525kThis home520k420k399k380k569kThis home vs active comparables
Live market pulseActive comparables in Industrial Sector · median list $430K
$404this home / sqft
9active listings nearby
40days on market
97sold nearby · 90 days
$535Kmedian sold price
96%of asking, on average

This home lists 22% above the area average of $332/sqft.

37 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

Industrial Sector, 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
Waterdown
$1.39M
Dundas
$993K

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
$2,392/mo
$101KIncome needed
5.2×Price ÷ income
$552Weekly 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.

92%mortgage
Mortgage $2,392Property tax $213Total carry $2,605

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)
$2,241per month

Mortgage amount $419,920 · 4.14% over 25 years

$104,980Down payment (20.0%)
$419,920Loan before insurance
$0CMHC premium
$2,454Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,241
Property tax
$213
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$2,454

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

One-time closing costs

Ontario land transfer tax
$6,973
Estimated closing costs
$6,973

Plus your down payment of $104,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,722/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

$252,335Total interest paid
$672,255Total of all payments
Principal $419,920 Interest $252,335
YearPrincipalInterestBalance
1$9,837$17,053$410,083
2$10,249$16,641$399,834
3$10,677$16,213$389,157
4$11,124$15,766$378,032
5$11,589$15,301$366,443
6$12,074$14,816$354,369
7$12,579$14,311$341,790
8$13,105$13,785$328,684
9$13,654$13,237$315,031
10$14,225$12,666$300,806
11$14,820$12,071$285,987
12$15,440$11,451$270,547
13$16,085$10,805$254,462
14$16,758$10,132$237,704
15$17,459$9,431$220,245
16$18,189$8,701$202,055
17$18,950$7,940$183,105
18$19,743$7,147$163,362
19$20,569$6,321$142,793
20$21,429$5,461$121,364
21$22,325$4,565$99,039
22$23,259$3,631$75,780
23$24,232$2,658$51,547
24$25,246$1,644$26,302
25$26,302$588$0

At the end of your 5-year term

Total paid over the term
$134,451
Principal paid down
$53,477
Interest paid
$80,974
Balance remaining
$366,443

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
3.9%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.

5.3%
Gross yield
− Property tax $2,554− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $20,610

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 MILLER REAL ESTATE LTD.. MLS®/PropTx.

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