72 Gurnett Drive, Hamilton, ON

Gurnett, Hamilton · MLS® X13533824

$874,900
For Sale
Listed 10 days ago
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5Bedrooms
4Bathrooms
2Garage · 4 parking
2000-2500Sq Ft

About this home

Nestled in a highly sought-after West Hamilton Mountain neighbourhood, this spacious 2-storey detached home offers over 3,600 sq ft of total living space designed for comfortable family living and effortless entertaining. Featuring 4 generous bedrooms on the upper level plus an additional bedroom in the finished basement, this home provides flexibility for growing families, guests, or a home office setup. The functional open-concept main floor showcases a large kitchen island overlooking the bright living area, perfect for hosting family and friends. The primary bedroom retreat features a private ensuite bathroom, while the home offers a total of 4 bathrooms throughout. Step outside to enjoy the private backyard, ideal for relaxing or entertaining in peace. Located close to excellent schools, parks, shopping, and offering easy highway access for commuters, this home combines space, convenience, and an unbeatable location. A fantastic opportunity to own in one of Hamilton Mountain's most desirable communities. Completer renovation of master ensuite- 2026 New flooring in all upstairs bedrooms - 2026 New roof- 2024 New dishwasher, refrigerator and washer- 2023 Main floor renovations 2018

Key facts

Property type
Detached, 2-Storey
MLS®
X13533824
Bedrooms
5 (4 + 1)
Bathrooms
4 (1 half)
Size
2000-2500
Lot
40.03 × 100.39 ft
Cross streets
Gurnett Dr/Gurnett Gate
Parking
2 garage · 4 parking (attached)
Driveway
Private Double
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,737 / 2025
Days on market
10
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

Primary BedroomSecond4.60 × 3.90 m
Bedroom 4Second3.17 × 3.94 m
Dining RoomMain3.26 × 3.66 m
Utility RoomBasement2.23 × 0.87 m
Living RoomMain4.62 × 4.26 m
Bedroom 2Second4.43 × 4.22 m
Family RoomMain4.61 × 3.91 m
KitchenMain4.84 × 4.22 m
Cold Room/CantinaBasement3.39 × 1.37 m
Bedroom 5Basement4.25 × 3.57 m
LaundryMain1.64 × 2.11 m
RecreationBasement7.73 × 7.35 m
Bedroom 3Second3.23 × 3.43 m
Furnace RoomBasement6.85 × 2.71 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.11Mest. value

Listed at $874,900, this home is about 21% 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 Gurnett, so I widened the search to the surrounding area.

Based on 16 similar homes nearby, adjusted for size, beds, and baths.Median of 16 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.10M, 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 $1.08M
  • Bedrooms +$30K
  • Bathrooms +$15K
  • Adjusts to $1.12M

That comparable adjusts to $1.12M; the $1.11M estimate above is the median of all 16 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. STONE CHURCH at GURNETT is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$875KGreat deal$1.20MOverpriced

Total price vs nearby homes. Fair value about $1.11M, median of 16 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.
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Primary suite: a key comfort and resale feature.
  • Value driver
  • 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.

471 Old Mud Street$899k108 Highway 52$1.20M41 McNiven Road$1.25M

The 3 closest active listings nearby.

See all comparable homes
875kThis home899k1.20M1.25MThis home vs active comparables
Live market pulseActive comparables in Hamilton · median list $1.03M
$389this home / sqft
37active listings nearby
10days on market

This home lists 29% below the area average of $548/sqft.

8 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

Gurnett, 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

71/ 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: STONE CHURCH at GURNETT, about 106 m away

20+ transit stops2 grocery20+ dining16 parks5 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.

Ancaster
$1.23M
Westdale
$1.39M
Dundas
$1.05M
Gibson
$670K
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
$3,988/mo
$174KIncome needed
5.0×Price ÷ income
$920Weekly 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 $3,988Property tax $561Total carry $4,549

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,735per month

Mortgage amount $699,920 · 4.14% over 25 years

$174,980Down payment (20.0%)
$699,920Loan before insurance
$0CMHC premium
$4,296Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,735
Property tax
$561
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,296

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

One-time closing costs

Ontario land transfer tax
$13,973
Estimated closing costs
$13,973

Plus your down payment of $174,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,537/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

$420,590Total interest paid
$1,120,510Total of all payments
Principal $699,920 Interest $420,590
YearPrincipalInterestBalance
1$16,397$28,424$683,523
2$17,083$27,738$666,441
3$17,797$27,023$648,644
4$18,542$26,279$630,102
5$19,317$25,503$610,785
6$20,125$24,695$590,660
7$20,967$23,854$569,693
8$21,844$22,976$547,849
9$22,758$22,063$525,092
10$23,710$21,111$501,382
11$24,701$20,119$476,681
12$25,734$19,086$450,946
13$26,811$18,009$424,135
14$27,932$16,888$396,203
15$29,101$15,720$367,102
16$30,318$14,502$336,784
17$31,586$13,234$305,198
18$32,907$11,913$272,291
19$34,284$10,537$238,007
20$35,718$9,103$202,289
21$37,212$7,609$165,077
22$38,768$6,052$126,309
23$40,390$4,430$85,919
24$42,079$2,741$43,840
25$43,840$981$0

At the end of your 5-year term

Total paid over the term
$224,102
Principal paid down
$89,135
Interest paid
$134,967
Balance remaining
$610,785

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
4.2%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.

5.8%
Gross yield
− Property tax $6,737− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $36,719

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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