147 Federal Street, Hamilton, ON
Riverdale, Hamilton · MLS® X13515750
About this home
LOCATION, LOCATION, LOCATION!! This almost 4500 Sq Ft home offers plenty of space for the growing family in a 10+ family friendly neighbourhood close to ALL conveniences. Prepare to be wowed by the spacious floor plan this home offers. The Living room with plenty of natural light is a great place to sit an unwind with family. The Eat-In Kitchen is sure to impress with stone counters, stainless appliances, large island with extra seating, modern backsplash and plenty of counter prep space and storage. The formal dining room offers more space for larger family meals. There is a bonus Family Room perfect for family games and move nights and an office space tucked away for a perfect place to be available but away from the hustle. This floor is complete with the convenience of a 3 pce bath. Upstairs is a dream layout with 4 spacious bedrooms all with ensuite or ensuite privilege. The master retreat offers plenty of space to relax and offers a 5 pce ensuite. There are also 2 others 4 pce baths to complete this level. The basement offers even more space for older children still at home or the in-laws with large living room area, modern Eat-in Kitchen with plenty of space, additional bedroom and a 3 pce bath. There is also plenty of storage and a cold room. The backyard with large concrete patio and fully fenced yard awaits your oasis dreams. This is the home you have been looking for and it is even minutes to the BEACH!!!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- X13515750
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 5
- Size
- 3000-3500
- Lot
- 50 × 102.25 ft
- Cross streets
- GRAY RD
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private Double
- Basement
- Full, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,892 / 2025
- Days on market
- 16
- Listing brokerage
- RE/MAX ESCARPMENT REALTY INC.
Rooms
3 Pc Bath
4 Pc Ensuite
4 Pc Ensuite
4 Pc Ensuite
Eat-in Kitchen
4 Pc Ensuite
3 Pc Ensuite
5 Pc Ensuite
4 Pc Ensuite
Listed at $1,099,900, this home is about 24% 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 Riverdale, so I widened the search to the surrounding area.
Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.28M, 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 $1.15M
- Bathrooms +$15K
- Adjusts to $1.16M
That comparable adjusts to $1.16M; the $1.45M estimate above is the median of all 7 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.
Total price vs nearby homes. Fair value about $1.45M, median of 7 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.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 7 active listings nearby.
See all comparable homesThis home lists 38% below the area average of $548/sqft.
14 days longer than the Hamilton average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Riverdale, 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.
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 18, 2026); conventional rates run a little higher.
Mortgage amount $879,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,696
- Property tax
- $658
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,353
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,473
- Estimated closing costs
- $18,473
Plus your down payment of $219,980. 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
- $281,735
- Principal paid down
- $112,058
- Interest paid
- $169,677
- Balance remaining
- $767,862
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 RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.