203-500 Silverbirch Boulevard, Hamilton, ON

Villages of Glancaster, Hamilton · MLS® X13501486

$399,900
For Sale
Listed 18 days ago
2Bedrooms
2Bathrooms
1Garage
1000-1199Sq Ft

About this home

Welcome to The Villages of Glancaster, a wonderful opportunity for those looking to simplify, downsize and enjoy a more carefree lifestyle without giving up comfort or convenience. This 2-bedroom, 2-bathroom suite is approximately 1,000 sq. ft. of comfortable living space and is proudly offered by the original owner. Clean and cared for, this inviting home provides the ease of one-level living with spacious principal rooms, plenty of natural light and attractive laminate flooring throughout the living/dining room and kitchen. New fridge, stove and dishwasher installed in June 2026. The bedrooms feature comfortable and cozy carpeting. Perfect for those ready to leave the upkeep of a larger home behind, this suite offers thoughtful features designed for easy living, including a private balcony and the rare convenience of in-suite laundry. No need for trips to shared laundry facilities or extra elevator rides. Both bathrooms are full-sized, adding comfort for residents and guests. Enjoy the ease that comes with garage parking and an oversized storage locker that is truly exceptional. More like a private storage room than a typical locker, it offers the extra space downsizers appreciate for seasonal items, hobbies, and belongings you still want close by. The Villages of Glancaster offers an impressive clubhouse and a welcoming community atmosphere with amenities including a heated indoor pool, exercise room, sauna, library, card room, craft room, snooker room, shuffleboard and an auditorium with stage. Beautifully maintained grounds feature walking paths, a gazebo, BBQ area, tennis/pickleball court, horseshoe pit, putting green, and outdoor shuffleboard. Just a short drive to shopping, restaurants, banking, Upper James, Rymal Road, Limeridge Mall and Ancaster Meadowlands. A rare chance to enjoy the freedom of condo living while staying active, social and comfortable in one of this area's desirable lifestyle communities.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
X13501486
Bedrooms
2
Bathrooms
2
Size
1000-1199
Cross streets
Twenty Road West
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Vinyl Siding
Maintenance
$915/mo
Exposure
West
Property tax
$2,936 / 2025
Days on market
18
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

BathroomMain2.58 × 2.93 m

3 Pc Bath

Primary BedroomMain4.88 × 3.31 m
FoyerMain2.57 × 2.64 m
BedroomMain3.03 × 2.93 m
KitchenMain4.82 × 2.61 m
Living RoomMain7.56 × 3.64 m

Combined w/Dining

BathroomMain2.47 × 1.49 m

4 Pc Ensuite

Moe’s TakeTeam Asgarian · Broker
Below comparables
$490Kest. value

Listed at $399,900, this home is about 18% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Villages of Glancaster, so I widened the search to the surrounding area.

Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $394K, 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 $580K
  • Adjusts to $580K

That comparable adjusts to $580K; the $490K estimate above is the median of all 10 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. SISTER ELISABETH at SISTER VARGA is about a 9-minute walk away.

List price
$400KGreat deal$550KOverpriced

Total price vs nearby homes. Fair value about $490K, median of 10 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Elevator: rare and valuable for accessibility and resale.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$462kavg asking

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

605-966 Queenston Road$440k213-30 Hamilton Street$500k203-8 Main Street$525k1003-222 Jackson Street$295k1414-500 GREEN Road$550k

The 5 closest of 8 active listings nearby.

See all comparable homes
400kThis home440k500k525k295k550kThis home vs active comparables
Live market pulseActive comparables in Hamilton · median list $389K
$364this home / sqft
98active listings nearby
18days on market

This home lists 33% below the area average of $543/sqft.

3 days longer than the Hamilton average (15 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Villages of Glancaster, 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

33/ 100

Somewhat 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.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: SISTER ELISABETH at SISTER VARGA, about 687 m away

20+ transit stops3 dining8 parks2 pharmacies

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.

Meadowlands
$535K
Ainslie Wood
$361K
Durand
$400K
Corktown
$296K
Central
$390K

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
$1,823/mo
$98KIncome needed
4.1×Price ÷ income
$421Weekly 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.

61%mortgage
Mortgage $1,823Property tax $245Condo fee $915Total carry $2,983

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,707per month

Mortgage amount $319,920 · 4.14% over 25 years

$79,980Down payment (20.0%)
$319,920Loan before insurance
$0CMHC premium
$2,867Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,707
Property tax
$245
Condo / maintenance fees
$915
Heating
$0
Estimated monthly cost
$2,867

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

One-time closing costs

Ontario land transfer tax
$4,474
Estimated closing costs
$4,474

Plus your down payment of $79,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,074/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

$192,244Total interest paid
$512,164Total of all payments
Principal $319,920 Interest $192,244
YearPrincipalInterestBalance
1$7,495$12,992$312,425
2$7,808$12,678$304,617
3$8,135$12,352$296,483
4$8,475$12,012$288,008
5$8,829$11,657$279,178
6$9,199$11,288$269,979
7$9,584$10,903$260,396
8$9,984$10,502$250,411
9$10,402$10,084$240,009
10$10,837$9,649$229,172
11$11,290$9,196$217,882
12$11,763$8,724$206,119
13$12,255$8,232$193,864
14$12,767$7,719$181,097
15$13,301$7,185$167,795
16$13,858$6,629$153,938
17$14,437$6,049$139,500
18$15,041$5,445$124,459
19$15,670$4,816$108,788
20$16,326$4,161$92,463
21$17,009$3,478$75,454
22$17,720$2,766$57,733
23$18,461$2,025$39,272
24$19,234$1,253$20,038
25$20,038$448$0

At the end of your 5-year term

Total paid over the term
$102,433
Principal paid down
$40,742
Interest paid
$61,691
Balance remaining
$279,178

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$3,400/mo
$40,800Gross annual rent
5.4%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.

10.2%
Gross yield
− Property tax $2,936− Condo fees $10,986− Insurance $600− Vacancy & upkeep $4,488Net operating income $21,791

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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