36 Gray Road, Hamilton, ON
Stoney Creek, Hamilton · MLS® X13490278
About this home
Welcome to 36 Gray Road S, a spacious raised ranch ideally situated in a beautiful Stoney Creek neighbourhood tucked beneath the Niagara Escarpment. Offering 3 bedrooms, 2 bathrooms, and a functional layout finished from top to bottom, this well-maintained home provides excellent space for families, downsizers, or anyone seeking a convenient location close to everyday amenities. The bright main level offers comfortable principal rooms, while the finished lower level features a welcoming family room complete with a gas fireplace-perfect for relaxing or entertaining. A double car garage adds everyday convenience, and numerous updates completed over the past 15 years include the electrical panel, furnace, select windows, and shingles. Enjoy the charm of an established neighbourhood with easy access to parks, schools, shopping, transit, highways, and the Escarpment's beautiful trails.
Key facts
- Property type
- Detached, Bungalow-Raised
- MLS®
- X13490278
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1100-1500
- Lot
- 60 × 100 ft
- Cross streets
- King St E
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private Double
- Basement
- Full, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Aluminum Siding
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,282 / 2026
- Days on market
- 25
- Listing brokerage
- ROYAL LEPAGE STATE REALTY
Rooms
Fireplace
Listed at $769,900, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 55 similar homes nearby, adjusted for size, beds, and baths.Median of 55 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $842K, higher 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, listed at $659K
- Bathrooms +$15K
- Adjusts to $674K
That comparable adjusts to $674K; the $689K estimate above is the median of all 55 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 more car-dependent spot, so buyers here typically drive. Jones at King is about a 8-minute walk away. Worth weighing if transit access matters to you.
Total price vs nearby homes. Fair value about $689K, median of 55 comparables.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 3% below the area average of $611/sqft.
21 days longer than the Hamilton average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Stoney Creek, 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: Jones at King, about 621 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 20, 2026); conventional rates run a little higher.
Mortgage amount $615,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,287
- Property tax
- $440
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,727
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $11,873
- Estimated closing costs
- $11,873
Plus your down payment of $153,980. 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
- $197,207
- Principal paid down
- $78,438
- Interest paid
- $118,769
- Balance remaining
- $537,482
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 ROYAL LEPAGE STATE REALTY. MLS®/PropTx.