56 Barons Avenue, Hamilton, ON

Homeside, Hamilton · MLS® X13490340

$549,900
For Sale
Listed 23 days ago
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4Bedrooms
2Bathrooms
1Garage · 3 parking
1100-1500Sq Ft

About this home

Welcome home! From the charming curb appeal to the tasteful décor and the many improvements, this is a home that you will enjoy for years to come! Just one block from Main St. makes this a very walkable location: steps to schools, shopping and public transit (and future LRT!). The tasteful landscaping complements the inviting front porch which provides a perfect place to sit and watch the world go by! The house itself is surprisingly spacious (1212 sq ft) and boasts 4 bedrooms above grade, a rarity for the area. The functional layout features a generous living room flowing through to the dining room and updated kitchen. The rear sunroom leads to the large, fully fenced and private rear yard with access to the detached garage with hydro. Perfect for entertaining on the patio or tending to your garden! Rounding off the main level are 2 bedrooms and a renovated 4 piece bathroom with skylight and tile walls. Upstairs are 2 more bedrooms including the large primary bedroom with double closets. The partly finished lower level consists of the laundry room, bathroom with a shower and toilet/sink combination, utility and storage rooms and the large rec room with a dry-core subfloor awaiting your finishing touches. Interior features include a charming plate rail in the dining room, white kitchen cabinetry with a pantry, handy spice cupboard, ceramic tile floor and backsplash. Laminate flooring in the living/dining rooms, sunroom and upstairs bedrooms, ceramic tile in the kitchen, baths and laundry room. Many of the Big-Ticket items have been addressed: recent furnace (with electronic air cleaner & power humidifier), central air and owned water heater. Electrical is 100 amp on breakers. Exterior improvements include roof shingles, eavestroughs/soffits, thermal windows (including basement), vinyl siding (board & batten style on most of the house). An added bonus is that the foundation has been damp-proofed from the outside with a membrane (dimple wrap)! Your new home awaits!

Key facts

Property type
Detached, 1 1/2 Storey
MLS®
X13490340
Bedrooms
4
Bathrooms
2
Size
1100-1500
Lot
30 × 92 ft
Cross streets
Dunsmure
Parking
1 garage · 3 parking (detached)
Driveway
Private Double
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Vinyl Siding
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,272 / 2026
Days on market
23
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

RecreationBasement5.40 × 3.25 m
LaundryBasement3.45 × 2.75 m
Primary BedroomSecond5.10 × 4.40 m

Laminate

KitchenGround3.55 × 3.50 m

eat-in kitchen · ceramic floor · ceramic backsplash

Utility RoomBasement3.75 × 2.75 m
BedroomSecond4.00 × 2.55 m

Laminate

Dining RoomGround3.45 × 3.10 m

Laminate

Living RoomGround3.45 × 3.25 m

Laminate

BedroomGround2.90 × 2.80 m

Broadloom

BedroomGround2.90 × 2.85 m

Broadloom

Furnace RoomBasement2.85 × 2.45 m
SunroomGround4.15 × 1.75 m

laminate · w/o to patio

Moe’s TakeTeam Asgarian · Broker
Below comparables
$767Kest. value

Listed at $549,900, this home is about 28% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $613K, a bit lower.

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 $645K
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $600K

That comparable adjusts to $600K; the $767K estimate above is the median of all 5 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. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$550KGreat deal$802KOverpriced

Total price vs nearby homes. Fair value about $767K, median of 5 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.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby in Homeside · asking prices
$550kavg asking

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

305 Weir Street$595k22 Cope Street$550k309 Cope Street$460k55 Allan Avenue$645k297 BRITANNIA Avenue$500k

The 5 closest active listings nearby.

See all comparable homes
550kThis home595k550k460k645k500kThis home vs active comparables
Live market pulseActive comparables in Homeside · median list $550K
$423this home / sqft
5active listings nearby
23days on market

This home lists 25% below the area average of $567/sqft.

21 days longer than the Hamilton average (2 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.

Getting around

0/ 100

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.

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Delta
$729K
Parkview
$526K
Gibson
$670K
Stoney Creek
$917K
Westdale
$1.39M

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
$2,506/mo
$108KIncome needed
5.1×Price ÷ income
$578Weekly 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.

90%mortgage
Mortgage $2,506Property tax $273Total carry $2,779

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,348per month

Mortgage amount $439,920 · 4.14% over 25 years

$109,980Down payment (20.0%)
$439,920Loan before insurance
$0CMHC premium
$2,620Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,348
Property tax
$273
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$2,620

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

One-time closing costs

Ontario land transfer tax
$7,473
Estimated closing costs
$7,473

Plus your down payment of $109,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,851/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

$264,353Total interest paid
$704,273Total of all payments
Principal $439,920 Interest $264,353
YearPrincipalInterestBalance
1$10,306$17,865$429,614
2$10,737$17,434$418,877
3$11,186$16,985$407,691
4$11,654$16,517$396,037
5$12,141$16,030$383,896
6$12,649$15,522$371,247
7$13,178$14,993$358,069
8$13,730$14,441$344,339
9$14,304$13,867$330,035
10$14,902$13,269$315,133
11$15,525$12,645$299,608
12$16,175$11,996$283,433
13$16,851$11,319$266,581
14$17,556$10,615$249,025
15$18,291$9,880$230,734
16$19,056$9,115$211,679
17$19,853$8,318$191,826
18$20,683$7,488$171,143
19$21,548$6,623$149,594
20$22,450$5,721$127,145
21$23,389$4,782$103,756
22$24,367$3,804$79,389
23$25,386$2,785$54,003
24$26,448$1,723$27,554
25$27,554$616$0

At the end of your 5-year term

Total paid over the term
$140,855
Principal paid down
$56,024
Interest paid
$84,831
Balance remaining
$383,896

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
3.6%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.

5.0%
Gross yield
− Property tax $3,272− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $19,892

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

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