118 Birmingham Street, Hamilton, ON
Industrial Sector, Hamilton · MLS® X13509310
About this home
Ideal for any homeowner or investor, tastefully updated and well maintained home with 5+1 bed,3 full bath offering approximately 2307 sqft of versatile living space, blending timeless character with modern convenience. Totally updated in 2018 with permits, updated windows that enhance natural light. The main level features an office perfect for work from home requirement or an extra bedroom. Abundance of natural light, enhanced by stylish pot lights that create a warm, modern ambience. Enjoy the open-concept main floor living, dining and kitchen area perfect for entertaining, complete with stainless steel appliances, luxury vinyl flooring. The 2nd level has grand master bedroom and two more bedrooms. The 3rd level has 2 additional bedrooms making it total 5 bedrooms above grade. A standout feature is the newly renovated basement with private entrance, offering incredible income or multi-generational living. Its ideal for an in-law suite, airbnb or rental opportunity. The rough ins for kitchen and laundryare provided. Step outside to enjoy the extended front porch or relax on the back deck , which leads to a lavish backyard. Location, Location!! Ideally situated close to restaurants, public transit, parks, hospital, Marina, Harbour front and easy access to QEW. Additional highlights include 2 dedicated parking spaces plus convenient free street parking. This rare offering combines historic charm, modern updates and flexible living options and exceptional opportunity not to be missed.
Key facts
- Property type
- Detached, 2 1/2 Storey
- MLS®
- X13509310
- Bedrooms
- 6 (5 + 1)
- Bathrooms
- 3
- Size
- 1500-2000
- Lot
- 25 × 100 ft
- Cross streets
- Burlington St E and Birmingham St
- Parking
- 2 parking
- Driveway
- Front Yard Parking
- Basement
- Separate Entrance, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Vinyl Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,800 / 2026
- Days on market
- 16
- Listing brokerage
- THE CANADIAN HOME REALTY INC.
Rooms
Listed at $599,000, this home is tracking about 18% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. 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 24 similar homes nearby, adjusted for size, beds, and baths.Median of 24 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $665K, 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 $417K
- Bedrooms +$30K
- Adjusts to $447K
That comparable adjusts to $447K; the $727K estimate above is the median of all 24 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. BURLINGTON at BIRMINGHAM is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $727K, median of 24 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.
- Open-concept layout: modern, sought-after flow.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
- Lifestyle
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 9% below the area average of $375/sqft.
14 days longer than the Hamilton average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Industrial Sector, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: BURLINGTON at BIRMINGHAM, about 59 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 $479,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,557
- Property tax
- $317
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $2,874
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,455
- Estimated closing costs
- $8,455
Plus your down payment of $119,800. 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
- $153,431
- Principal paid down
- $61,026
- Interest paid
- $92,405
- Balance remaining
- $418,174
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
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 THE CANADIAN HOME REALTY INC.. MLS®/PropTx.