187 ALDERLEA Avenue, Hamilton, ON
Rural Glanbrook, Hamilton · MLS® X13453052
About this home
Welcome to 187 Alderlea Avenue, a beautifully maintained 3+2 bedroom family home nestled in one of Hamilton Mountain's most sought afterpockets, the Allison neighbourhood. Offering just over 1,700 sq ft of above grade living space, this solid brick and siding two storey sits on agenerous lot with a double attached garage, interlock walkway and a welcoming covered front porch surrounded by mature, establishedlandscaping.Inside, the bright and spacious kitchen features white cabinetry, a centre breakfast bar, stainless steel appliances and tile flooring,flowing seamlessly into a generous living room anchored by a gas fireplace. A stylishly updated powder room with designer wallpaper and goldfixtures adds a charming touch to the main floor. Upstairs you will find three well sized bedrooms including a primary with ensuite privilege, allwith ceiling fans and plenty of natural light. The main bathroom on the bedroom level has also been tastefully updated.The finished basementextends your living space with two additional bedrooms and a large recreation area, perfect for a growing family, guests or a home office setup.Outside, enjoy an above ground pool, fire pit area and kids play structure in a fully fenced backyard. Double attached garage and ample drivewayparking round out this well loved home.A solid family home in a mature, established neighbourhood on Hamilton Mountain, offering incrediblepotential for those looking to make it their own. Close to schools, parks, transit and all amenities.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- X13453052
- Bedrooms
- 5 (3 + 2)
- Bathrooms
- 2 (1 half)
- Size
- 1500-2000
- Lot
- 44.32 × 99.05 ft
- Cross streets
- UPPER JAMES TO ALDERLEA AVE
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Full, Partially Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Above Ground
- Property tax
- $6,248 / 2025
- Days on market
- 35
- Listing brokerage
- RE/MAX ESCARPMENT REALTY INC.
Rooms
2 Pc Bath
4 Pc Bath
Listed at $799,000, 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 18% 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 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 $830K, 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 $845K
- Bathrooms −$30K
- Adjusts to $815K
That comparable adjusts to $815K; the $748K 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, this is a more car-dependent spot, so buyers here typically drive. Rymal at Upper Wellington is about a 9-minute walk away. Worth weighing if transit access matters to you.
Total price vs nearby homes. Fair value about $748K, 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.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Primary suite: a key comfort and resale feature.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
- Weigh carefully
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 18% below the area average of $560/sqft.
32 days longer than the Hamilton average (3 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Rural Glanbrook, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Car-DependentA 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.
Almost all errands require a car — groceries and transit are a drive away.
🚉 Nearest transit: Rymal at Upper Wellington, about 745 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 21, 2026); conventional rates run a little higher.
Mortgage amount $639,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,411
- Property tax
- $521
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,932
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,455
- Estimated closing costs
- $12,455
Plus your down payment of $159,800. 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
- $204,661
- Principal paid down
- $81,402
- Interest paid
- $123,258
- Balance remaining
- $557,798
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 RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.