194 Southbrook Drive, Hamilton, ON

Binbrook, Hamilton · MLS® X13520900

$1,049,900
For Sale
Listed 14 days ago
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5Bedrooms
4Bathrooms
2Garage · 6 parking
2000-2500Sq Ft

About this home

Welcome to your own private backyard paradise in the heart of South Binbrook! Nestled on a premium oversized lot in one of the area's most sought-after, family-friendly neighbourhoods, this beautifully updated home offers over 3,000 sq. ft. of finished living space, exceptional functionality, and a spectacular outdoor retreat designed for year-round enjoyment.Thoughtfully maintained and extensively upgraded, the bright and spacious layout features a stunning kitchen with a large centre island overlooking the main living area, a dedicated home office, space for a home gym, and convenient main-floor laundry with direct garage access.Recent improvements include smooth ceilings throughout the main floor, hardwood flooring across the entire second level, a beautifully renovated staircase with modern railings, updated lighting and pot lights, refreshed kitchen finishes, upgraded fixtures, professionally painted interiors, and multiple window replacements-creating a stylish, move-in-ready home.The fully finished basement provides outstanding flexibility, complete with a full kitchen and full bathroom, making it ideal for multi-generational living, extended family, guests, recreation, or additional work-from-home space.Step outside to your private resort-inspired backyard, where a 28' heated saltwater pool, hot tub, pergola, and expansive entertaining areas create the perfect setting for summer gatherings or peaceful evenings at home. A newer Hayward pool heater and natural gas line help extend the outdoor season for even greater enjoyment.Offering parking for up to six vehicles and ideally located close to parks, schools, walking trails, transit, and everyday amenities, this exceptional property perfectly blends modern updates, generous living space, and resort-style outdoor living in one of South Binbrook's most desirable communities.

Key facts

Property type
Detached, 2-Storey
MLS®
X13520900
Bedrooms
5 (4 + 1)
Bathrooms
4 (1 half)
Size
2000-2500
Lot
41.99 × 136.78 ft
Cross streets
Hwy 56 To Southbrook Dr
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Finished, Full
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Pool
Above Ground
Property tax
$6,011 / 2026
Days on market
14
Listing brokerage
EXP REALTY

Rooms

Utility RoomBasement6.38 × 4.21 m

Ceramic Floor

RecreationBasement8.81 × 6.32 m

Ceramic Floor

Bedroom 3Second4.26 × 3.33 m

hardwood floor · closet

Primary BedroomSecond5.49 × 3.66 m

hardwood floor · 5 pc ensuite · granite sink

Bedroom 5Basement1.00 × 1.00 m

Ceramic Floor

OfficeGround3.38 × 3.27 m

hardwood floor · window

Bedroom 2Second4.26 × 3.36 m

hardwood floor · closet

Bedroom 4Second5.04 × 3.64 m

hardwood floor · closet

KitchenGround5.49 × 3.57 m

granite counters · centre island · stainless steel appl

Living RoomGround5.26 × 3.47 m

hardwood floor · electric fireplace

Dining RoomGround3.93 × 3.35 m

hardwood floor · pot lights

Moe’s TakeTeam Asgarian · Broker
Above comparables
$898Kest. value

Listed at $1,049,900, this home is about 17% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 20 similar homes nearby, adjusted for size, beds, and baths.Median of 20 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.01M, a bit higher.

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 $870K
  • Bedrooms +$30K
  • Adjusts to $900K

That comparable adjusts to $900K; the $898K estimate above is the median of all 20 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. GLOVER at MAPLE LEAF is about a 83-minute walk away.

List price
$843KGreat deal$1.05MOverpriced

Total price vs nearby homes. Fair value about $898K, median of 20 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.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.12Mavg asking

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

108 Highway 52$1.20M471 Old Mud Street$899k41 McNiven Road$1.25M

The 3 closest active listings nearby.

See all comparable homes
1.05MThis home1.20M899k1.25MThis home vs active comparables
Live market pulseActive comparables in Binbrook · median list $950K
$467this home / sqft
25active listings nearby
14days on market

This home lists 13% above the area average of $414/sqft.

12 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

Binbrook, 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

45/ 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: GLOVER at MAPLE LEAF, about 6.7 km away

1 grocery18 dining7 parks3 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
Stoney Creek
$917K
Delta
$729K
Homeside
$593K
Parkview
$500K

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
$4,785/mo
$202KIncome needed
5.2×Price ÷ income
$1,104Weekly 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.

91%mortgage
Mortgage $4,785Property tax $501Total carry $5,286

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)
$4,482per month

Mortgage amount $839,920 · 4.14% over 25 years

$209,980Down payment (20.0%)
$839,920Loan before insurance
$0CMHC premium
$4,983Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,482
Property tax
$501
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,983

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

One-time closing costs

Ontario land transfer tax
$17,473
Estimated closing costs
$17,473

Plus your down payment of $209,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,444/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

$504,717Total interest paid
$1,344,637Total of all payments
Principal $839,920 Interest $504,717
YearPrincipalInterestBalance
1$19,676$34,109$820,244
2$20,499$33,286$799,744
3$21,357$32,429$778,387
4$22,250$31,535$756,137
5$23,181$30,605$732,956
6$24,151$29,635$708,805
7$25,161$28,625$683,645
8$26,213$27,572$657,431
9$27,310$26,476$630,122
10$28,452$25,334$601,670
11$29,642$24,143$572,028
12$30,882$22,904$541,146
13$32,174$21,612$508,972
14$33,519$20,266$475,453
15$34,922$18,864$440,531
16$36,382$17,403$404,149
17$37,904$15,881$366,245
18$39,490$14,296$326,755
19$41,141$12,644$285,614
20$42,862$10,923$242,752
21$44,655$9,130$198,097
22$46,523$7,263$151,574
23$48,469$5,317$103,105
24$50,496$3,289$52,608
25$52,608$1,177$0

At the end of your 5-year term

Total paid over the term
$268,927
Principal paid down
$106,964
Interest paid
$161,963
Balance remaining
$732,956

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$4,200/mo
$50,400Gross annual rent
3.6%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.

4.8%
Gross yield
− Property tax $6,011− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $37,445

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of EXP REALTY. MLS®/PropTx.

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