101 REID Avenue, Hamilton, ON
McQuesten, Hamilton · MLS® X13462844
About this home
This is the one! Fully restored raised bungalow that checks all the boxes! It's like a brand house! Great layout for the growing family with tons of storage space including attached garage (or workshop/studio), wine cellar, cold room, large laundry space and a fabulous state of the art Samsung Home Theatre System plus a wet bar for the big games with buddies or family movie nights. Main floor features a solid-wood custom kitchen, double sink bathroom, luxury vinyl flooring, pot lights, patio doors leading to deck, (ideal BBQ spot). Basement has seperate entrance and stove plug wiring for possible in-law suite, plus insulated subfloor, potlights, beautiful 3 piece bathroom. All new windows, doors, garage door, eaves, soffits, breaker panel, most interior doors. It's a wonderful home to raise a family and a commuter's dream - access to the highway is just 1 minute away! Bus stop at your door and lots a green space enjoy.
Key facts
- Property type
- Detached, Bungalow-Raised
- MLS®
- X13462844
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 30 × 92 ft
- Cross streets
- Queenston Rd
- Parking
- 1 garage · 3 parking (attached)
- Driveway
- Front Yard Parking
- Basement
- Full, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick Veneer
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,735 / 2025
- Days on market
- 29
- Listing brokerage
- KELLER WILLIAMS COMPLETE REALTY
Rooms
5 Pc Bath
3 Pc Bath
Combined w/Dining
Listed at $599,900, this home is about 10% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in McQuesten, so I widened the search to the surrounding area.
Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $571K, 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, listed at $599K
- Adjusts to $599K
That comparable adjusts to $599K; the $544K estimate above is the median of all 7 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On location, this is a very walkable address with everyday errands close by. REID at GLENGROVE is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $544K, median of 7 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.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Value driver
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 30% above the area average of $513/sqft.
27 days longer than the Hamilton average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
McQuesten, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA 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.
Most daily errands can be done on foot.
🚉 Nearest transit: REID at GLENGROVE, about 33 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 17, 2026); conventional rates run a little higher.
Mortgage amount $479,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,561
- Property tax
- $311
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $2,872
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,473
- Estimated closing costs
- $8,473
Plus your down payment of $119,980. 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
- $153,662
- Principal paid down
- $61,118
- Interest paid
- $92,544
- Balance remaining
- $418,802
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 KELLER WILLIAMS COMPLETE REALTY. MLS®/PropTx.