62 Spadara Drive, Hamilton, ON

Falkirk, Hamilton · MLS® X13538372

$799,000
For Sale
Listed 9 days ago
4Bedrooms
2Bathrooms
1Garage · 5 parking
1100-1500Sq Ft

About this home

Welcome to this gorgeous 4 level backsplit in a highly desirable West Mountain neighbourhood of Falkirk East. You will be sure enjoy the very spacious and open concept design of the main living area including Living room, dining room and kitchen with plenty of cabinets and quartz countertop, ideal for entertaining family and friends. The upper level boasts three bright bedrooms with the primary bedroom allowing access to the backyard with deck with newer Hot tub. The main bathroom is a good size and offers a double sink vanity with tasteful marble top. Go down a few steps to find a large family room/office, a cozy place to curl up and watch a movie or spend time with the kids. Another 3-piece bathroom and bedroom finishes off the level before you go down a few more stairs to the unfinished very spacious basement just waiting for you to make it your own. There is over 2600 Sq/Ft of living space in total. This property also offers an over sized attached garage with inside entry and concrete driveway. Located in an ideal area close to good schools, shopping, parks and Highway access. This is truly a must-see home.

Key facts

Property type
Detached, Backsplit 3
MLS®
X13538372
Bedrooms
4 (3 + 1)
Bathrooms
2
Size
1100-1500
Lot
40.03 × 99.69 ft
Cross streets
West on Rymal Road, Right on Spadara Drive
Parking
1 garage · 5 parking (attached)
Driveway
Front Yard Parking
Basement
Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,974 / 2026
Days on market
9
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

Bedroom 2Second3.61 × 4.17 m
Bedroom 3Second3.02 × 4.22 m
Dining RoomMain3.45 × 4.88 m
RecreationLower6.71 × 5.36 m
Utility RoomBasement0.00 × 0.00 m
LaundryBasement0.00 × 0.00 m
Living RoomMain4.72 × 4.88 m
KitchenMain3.00 × 4.34 m
BedroomSecond3.61 × 4.22 m
Bedroom 4Lower3.23 × 3.84 m
Moe’s TakeTeam Asgarian · Broker
In the wider range
$619Kest. value

Listed at $799,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

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 $800K, higher than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $800K
  • Bedrooms +$30K
  • Bathrooms −$15K
  • Adjusts to $815K

That comparable adjusts to $815K; the $619K 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. RYMAL at DAVINCI is about a 1-minute walk away.

List price
$595KGreat deal$815KOverpriced

Total price vs nearby homes. Fair value about $619K, 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.

  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Falkirk · asking prices
$795kavg asking

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

2 Amore Boulevard$830k50 Spadara Drive$750k79 Lynnette Drive$800k90 Lynette Drive$800k

The 4 closest active listings nearby.

See all comparable homes
799kThis home830k750k800k800kThis home vs active comparables
Live market pulseActive comparables in Falkirk · median list $830K
$615this home / sqft
7active listings nearby
9days on market

This home lists 18% above the area average of $523/sqft.

7 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

Falkirk, 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

61/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: RYMAL at DAVINCI, about 64 m away

20+ transit stops1 grocery13 dining9 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.

Ancaster
$1.23M
Westdale
$1.39M
Rural Glanbrook
$1.03M
Dundas
$1.05M
Gibson
$670K

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
$3,642/mo
$159KIncome needed
5.0×Price ÷ income
$840Weekly 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 $3,642Property tax $498Total carry $4,139

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)
$3,411per month

Mortgage amount $639,200 · 4.14% over 25 years

$159,800Down payment (20.0%)
$639,200Loan before insurance
$0CMHC premium
$3,909Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,411
Property tax
$498
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,909

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

One-time closing costs

Ontario land transfer tax
$12,455
Estimated closing costs
$12,455

Plus your down payment of $159,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,143/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

$384,103Total interest paid
$1,023,303Total of all payments
Principal $639,200 Interest $384,103
YearPrincipalInterestBalance
1$14,974$25,958$624,226
2$15,601$25,332$608,625
3$16,253$24,679$592,372
4$16,933$23,999$575,439
5$17,641$23,291$557,798
6$18,379$22,553$539,419
7$19,148$21,784$520,271
8$19,949$20,983$500,322
9$20,783$20,149$479,538
10$21,653$19,279$457,886
11$22,558$18,374$435,327
12$23,502$17,430$411,825
13$24,485$16,447$387,340
14$25,509$15,423$361,831
15$26,576$14,356$335,255
16$27,688$13,244$307,567
17$28,846$12,086$278,721
18$30,053$10,880$248,669
19$31,310$9,623$217,359
20$32,619$8,313$184,740
21$33,984$6,948$150,756
22$35,405$5,527$115,351
23$36,886$4,046$78,465
24$38,429$2,503$40,036
25$40,036$896$0

At the end of your 5-year term

Total paid over the term
$204,661
Principal paid down
$81,402
Interest paid
$123,258
Balance remaining
$557,798

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$2,300/mo
$27,600Gross annual rent
2.2%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.

3.5%
Gross yield
− Property tax $5,974− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,190

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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