23 Annapolis Way, Hamilton, ON

Butler, Hamilton · MLS® X13505492

$749,900
For Sale
Listed 17 days ago
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4Bedrooms
3Bathrooms
1Garage · 5 parking
1100-1500Sq Ft

About this home

Welcome to 23 Annapolis Way, an updated raised bungalow offering 4 bedrooms, 3 bathrooms, and 1126 sf of finished living space in Hamilton Mountain's Butler community. Thoughtfully designed for today's family, this move-in-ready home offers a fully finished lower level, side entrance, and a private backyard designed for entertaining. Parking for up to 5 vehicles, including an attached garage with a Level 2 EV charging outlet, provides added convenience. Ideally located close to top-rated schools, parks, shopping, transit, major highways, and everyday amenities. The main level showcases an open-concept design highlighted by soaring cathedral ceilings, hardwood flooring, and a gas fireplace that creates a warm focal point for the living and dining areas. The kitchen blends style and functionality with stainless steel appliances, light wood cabinetry, mosaic tile backsplash, ample storage, generous prep space, and a breakfast area. The primary bedroom features two closets and is complemented by an updated 5pc bathroom with double vessel sinks. A second bedroom and convenient main floor laundry with side entrance complete the level. The fully finished lower level provides exceptional flexibility with two additional bedrooms, a den, two 3pc bathrooms, a spacious recreation room, and a kitchenette, making it ideal for extended family, guests, or multi-generational living. Outside, the fully fenced backyard has been thoughtfully designed for outdoor enjoyment, featuring stone patios, a gazebo, storage shed, a two-way side deck, and natural gas hookups for both a BBQ and fire pit-creating the perfect setting for entertaining or relaxing with family and friends. Combining a functional layout, flexible living space, and an outstanding location, this move-in-ready home offers an exceptional opportunity in one of Hamilton Mountain's established family communities.

Key facts

Property type
Detached, Bungalow-Raised
MLS®
X13505492
Bedrooms
4 (2 + 2)
Bathrooms
3
Size
1100-1500
Lot
42.59 × 99.64 ft
Cross streets
Stone Church Road
Parking
1 garage · 5 parking (attached)
Driveway
Private Double
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,300 / 2025
Days on market
17
Listing brokerage
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Rooms

BedroomBasement4.09 × 5.21 m
Utility RoomBasement2.39 × 2.92 m
Dining RoomMain3.48 × 4.55 m
RecreationBasement3.76 × 4.95 m
Primary BedroomMain3.66 × 3.56 m
OtherBasement3.45 × 2.39 m

Wet Bar

Living RoomMain4.09 × 3.45 m
BedroomMain3.76 × 3.56 m
LaundryMain2.69 × 1.91 m
BedroomBasement3.05 × 5.54 m
KitchenMain4.06 × 3.76 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$834Kest. value

Listed at $749,900, this home is about 10% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Below comparable homes on total price, yet the price per square foot ($577/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

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

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $813K, 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 $800K
  • Bathrooms +$15K
  • Adjusts to $815K

That comparable adjusts to $815K; the $834K estimate above is the median of all 6 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. STONE CHURCH at UPPER SHERMAN is about a 2-minute walk away.

List price
$750KGreat deal$891KOverpriced

Total price vs nearby homes. Fair value about $834K, median of 6 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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Worth verifying
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$823kavg asking

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

16 Downing Street$919k96 Fielding Crescent$750k164 Hanover Place$800k

The 3 closest active listings nearby.

See all comparable homes
750kThis home919k750k800kThis home vs active comparables
Live market pulseActive comparables in Hamilton · median list $857K
$577this home / sqft
76active listings nearby
17days on market

This home lists 2% above the area average of $563/sqft.

15 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

Butler, 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

67/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: STONE CHURCH at UPPER SHERMAN, about 138 m away

20+ transit stops4 grocery14 dining12 parks8 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.

Rural Glanbrook
$1.03M
Delta
$729K
Gibson
$670K
Homeside
$593K
Stoney Creek
$917K

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
$3,418/mo
$148KIncome needed
5.1×Price ÷ income
$789Weekly 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.

89%mortgage
Mortgage $3,418Property tax $442Total carry $3,859

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)
$3,201per month

Mortgage amount $599,920 · 4.14% over 25 years

$149,980Down payment (20.0%)
$599,920Loan before insurance
$0CMHC premium
$3,643Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,201
Property tax
$442
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,643

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

One-time closing costs

Ontario land transfer tax
$11,473
Estimated closing costs
$11,473

Plus your down payment of $149,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,888/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

$360,499Total interest paid
$960,419Total of all payments
Principal $599,920 Interest $360,499
YearPrincipalInterestBalance
1$14,054$24,363$585,866
2$14,642$23,775$571,224
3$15,254$23,162$555,970
4$15,892$22,524$540,077
5$16,557$21,860$523,520
6$17,250$21,167$506,270
7$17,971$20,445$488,299
8$18,723$19,694$469,576
9$19,506$18,911$450,070
10$20,322$18,095$429,748
11$21,172$17,245$408,576
12$22,058$16,359$386,518
13$22,980$15,436$363,538
14$23,942$14,475$339,596
15$24,943$13,474$314,653
16$25,986$12,430$288,667
17$27,073$11,343$261,593
18$28,206$10,211$233,388
19$29,386$9,031$204,002
20$30,615$7,802$173,387
21$31,895$6,521$141,492
22$33,229$5,187$108,263
23$34,619$3,797$73,643
24$36,067$2,349$37,576
25$37,576$841$0

At the end of your 5-year term

Total paid over the term
$192,084
Principal paid down
$76,400
Interest paid
$115,684
Balance remaining
$523,520

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
2.4%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.

3.7%
Gross yield
− Property tax $5,300− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,864

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES. MLS®/PropTx.

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