546 Mohawk Road, Hamilton, ON

Lawfield, Hamilton · MLS® X13527064

$579,900
For Sale
Listed 11 days ago
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3Bedrooms
2Bathrooms
7Parking
700-1100Sq Ft

About this home

Welcome to 546 Mohawk Road East! This bright open-concept bungalow offers 3 bedrooms, 1.5 bathrooms, and a beautifully finished basement. The main floor features an eat-in kitchen, spacious sun-filled living room, and a versatile 3-season room-perfect as a home office, family room, or man cave. The basement was professionally finished with permits and includes custom built-ins, finished laundry room, office space, and egress windows. Situated on a generous 60 x 106 ft lot with parking for 7 vehicles and over-sized shed. Updates include front bay window and back door (2021), sump pump, waterproofing and back-flow valve (2022), plus electrical and ductwork (2023/2024). A fantastic opportunity for first-time buyers or commuters - close to shopping, green space, amenities, and easy highway access. LET'S GET MOVING!

Key facts

Property type
Detached, Bungalow
MLS®
X13527064
Bedrooms
3
Bathrooms
2 (1 half)
Size
700-1100
Lot
60 × 106.08 ft
Cross streets
Upper Sherman
Parking
7 parking
Driveway
Private Double
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,423 / 2025
Days on market
11
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.
Moe’s TakeTeam Asgarian · Broker
In line
$570Kest. value

Listed at $579,900, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Lawfield, 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 $673K, 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 $880K
  • Adjusts to $880K

That comparable adjusts to $880K; the $570K 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. MOHAWK at MEAFORD is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$509KGreat deal$705KOverpriced

Total price vs nearby homes. Fair value about $570K, 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.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$632kavg asking

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

735 Dunn Avenue$475k31 Summercrest Drive$695k31 CAMERON Avenue$880k66 Beechwood Avenue$479k

The 4 closest active listings nearby.

See all comparable homes
580kThis home475k695k880k479kThis home vs active comparables
Live market pulseActive comparables in Hamilton · median list $729K
$644this home / sqft
61active listings nearby
11days on market

This home lists 14% above the area average of $566/sqft.

9 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

Lawfield, 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

77/ 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: MOHAWK at MEAFORD, about 90 m away

20+ transit stops10 grocery20+ dining16 parks15 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.

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

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
$2,643/mo
$117KIncome needed
5.0×Price ÷ income
$610Weekly 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.

88%mortgage
Mortgage $2,643Property tax $369Total carry $3,012

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)
$2,476per month

Mortgage amount $463,920 · 4.14% over 25 years

$115,980Down payment (20.0%)
$463,920Loan before insurance
$0CMHC premium
$2,844Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,476
Property tax
$369
Condo / maintenance fees
$0
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
$8,073
Estimated closing costs
$8,073

Plus your down payment of $115,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,007/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

$278,775Total interest paid
$742,695Total of all payments
Principal $463,920 Interest $278,775
YearPrincipalInterestBalance
1$10,868$18,840$453,052
2$11,323$18,385$441,729
3$11,796$17,912$429,933
4$12,290$17,418$417,643
5$12,804$16,904$404,840
6$13,339$16,369$391,500
7$13,897$15,811$377,603
8$14,479$15,229$363,125
9$15,084$14,624$348,040
10$15,715$13,993$332,325
11$16,372$13,335$315,953
12$17,057$12,651$298,896
13$17,771$11,937$281,125
14$18,514$11,194$262,611
15$19,289$10,419$243,322
16$20,095$9,612$223,227
17$20,936$8,772$202,291
18$21,812$7,896$180,479
19$22,724$6,984$157,756
20$23,674$6,033$134,081
21$24,665$5,043$109,416
22$25,696$4,011$83,720
23$26,771$2,937$56,949
24$27,891$1,817$29,058
25$29,058$650$0

At the end of your 5-year term

Total paid over the term
$148,539
Principal paid down
$59,080
Interest paid
$89,459
Balance remaining
$404,840

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$1,450/mo
$17,400Gross annual rent
1.7%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.

3.0%
Gross yield
− Property tax $4,423− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $9,663

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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