27-860 Rymal Road, Hamilton, ON

Broughton, Hamilton · MLS® X13519540

$500,000
For Sale
Listed 14 days ago
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3Bedrooms
2Bathrooms
1Garage · 2 parking
1200-1399Sq Ft

About this home

Welcome to unit 27 at 860 Rymal Rd East. A great home to start or grow your family. The home is conveniently located near schools, parks and many other amenities as well as easy access to the Lincoln Alexander Parkway for commuters. This home offers nearly 1300 sq ft of above ground living space in a well managed complex with reasonable condo fees. Pulling up to the home you will appreciate your private driveway and attached garage (with in-home access) and lots of nearby visitor parking. Inside the home you will find a nicely updated main floor punctuated by its beautiful kitchen, dining room with walk-out, functional living room and 2 piece bathroom. Upstairs, the home has three bedrooms in total, including the primary bedroom, with ensuite access and tons of storage/closet space. The finished basement offers more options for a home office, gym, rec room or whatever your family desires.

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
X13519540
Bedrooms
3
Bathrooms
2 (1 half)
Size
1200-1399
Cross streets
Upper Gage & Rymal Rd E
Parking
1 garage · 2 parking (attached)
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Poured Concrete
Roof
Asphalt Shingle
Maintenance
$420/mo
Exposure
North
Property tax
$3,473 / 2026
Days on market
14
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

Living RoomMain5.49 × 3.35 m
KitchenMain3.36 × 2.75 m
Bedroom 3Second3.96 × 3.05 m
RecreationBasement0.00 × 0.00 m
BathroomMain0.00 × 0.00 m

2 Pc Bath

Bedroom 2Second3.96 × 3.05 m
BathroomSecond0.00 × 0.00 m

4 Pc Ensuite

Dining RoomMain3.35 × 2.49 m
LaundryBasement0.00 × 0.00 m
Primary BedroomSecond5.18 × 3.66 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$540Kest. value

Listed at $500,000, this home is about 7% 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 Broughton, 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 $488K, 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 $600K
  • Bathrooms −$15K
  • Adjusts to $585K

That comparable adjusts to $585K; the $540K 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 very walkable address with everyday errands close by. RYMAL opposite SULMONA is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$500KGreat deal$600KOverpriced

Total price vs nearby homes. Fair value about $540K, 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Primary suite: a key comfort and resale feature.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Broughton · asking prices
$607kavg asking

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

29-10 Cadham Boulevard$570k3-1860 Upper Gage Avenue$600k18-10 Cadham Boulevard$650k

The 3 closest active listings nearby.

See all comparable homes
500kThis home570k600k650kThis home vs active comparables
Live market pulseActive comparables in Hamilton · median list $575K
$385this home / sqft
86active listings nearby
14days on market

This home lists 12% below the area average of $437/sqft.

8 days faster than the Hamilton average (22 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Broughton, 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

76/ 100

Very 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.

Most daily errands can be done on foot.

🚉 Nearest transit: RYMAL opposite SULMONA, about 139 m away

20+ transit stops5 grocery20+ dining7 parks9 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.

Butler
$519K
Quinndale
$477K
Twenty Place
$555K
Red Hill
$450K
Stoney Creek Mountain
$556K

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
$2,279/mo
$108KIncome needed
4.6×Price ÷ income
$526Weekly 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.

76%mortgage
Mortgage $2,279Property tax $289Condo fee $420Total carry $2,988

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)
$2,135per month

Mortgage amount $400,000 · 4.14% over 25 years

$100,000Down payment (20.0%)
$400,000Loan before insurance
$0CMHC premium
$2,844Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,135
Property tax
$289
Condo / maintenance fees
$420
Heating
$0
Estimated monthly cost
$2,844

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

One-time closing costs

Ontario land transfer tax
$6,475
Estimated closing costs
$6,475

Plus your down payment of $100,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,593/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

$240,365Total interest paid
$640,365Total of all payments
Principal $400,000 Interest $240,365
YearPrincipalInterestBalance
1$9,371$16,244$390,629
2$9,763$15,852$380,867
3$10,171$15,444$370,696
4$10,596$15,018$360,100
5$11,040$14,575$349,060
6$11,501$14,113$337,559
7$11,982$13,632$325,576
8$12,484$13,131$313,092
9$13,006$12,609$300,087
10$13,550$12,065$286,537
11$14,117$11,498$272,420
12$14,707$10,907$257,713
13$15,322$10,292$242,391
14$15,963$9,651$226,428
15$16,631$8,984$209,797
16$17,327$8,288$192,470
17$18,051$7,563$174,419
18$18,806$6,808$155,613
19$19,593$6,022$136,020
20$20,413$5,202$115,607
21$21,266$4,348$94,341
22$22,156$3,459$72,185
23$23,083$2,532$49,102
24$24,048$1,566$25,054
25$25,054$561$0

At the end of your 5-year term

Total paid over the term
$128,073
Principal paid down
$50,940
Interest paid
$77,133
Balance remaining
$349,060

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$4,100/mo
$49,200Gross annual rent
6.9%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.

9.8%
Gross yield
− Property tax $3,473− Condo fees $5,040− Insurance $600− Vacancy & upkeep $5,412Net operating income $34,675

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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