208-2605 Binbrook Road, Hamilton, ON

Binbrook, Hamilton · MLS® X13541162

$359,900
For Sale
Listed 9 days ago
Request a showing
◎ Directions
1Bedrooms
1Bathrooms
1Parking
600-699Sq Ft

About this home

Welcome to The Manse! This handicap-friendly, open-concept one-bedroom condo feat white kitchen w/crown moulding, upgraded stainless steel appliances, a quartz countertop, upgraded undermount sink, open to the spacious living room with sliding doors leading to an oversized north-facing patio. Bright primary bedroom incl sliding closet doors, while the 3-piece bath is equipped with a walk-in shower & tile floors. Designed with accessibility in mind, this unit offers wider doorways, lowered light switches, and spacious turning areas throughout. Bonus: engineered hardwood flooring throughout, one designated outdoor parking space, and locker located on the same floor as the unit. Ideally situated just steps from shopping, restaurants, and everyday amenities, and only 10 minutes from Southbrook Golf & Country Club. Condo fees of $426/month include heating, water, parking, and common elements.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
X13541162
Bedrooms
1
Bathrooms
1
Size
600-699
Cross streets
Tanglewood Drive
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Poured Concrete
Roof
Asphalt Shingle, Flat
Maintenance
$426/mo
Exposure
North
Property tax
$2,620 / 2026
Days on market
9
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

BedroomMain2.74 × 3.35 m
KitchenMain4.36 × 3.96 m
Living RoomMain4.16 × 3.96 m
BathroomMain2.43 × 3.04 m

3 Pc Bath

LaundryMain0.00 × 0.00 m
Moe’s TakeTeam Asgarian · Broker
In line
$380Kest. value

Listed at $359,900, 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 Binbrook, so I widened the search to the surrounding area.

Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $311K, a bit lower.

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 $300K
  • Adjusts to $300K

That comparable adjusts to $300K; the $380K estimate above is the median of all 9 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 78-minute walk away.

List price
$300KGreat deal$411KOverpriced

Total price vs nearby homes. Fair value about $380K, median of 9 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.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$368kavg asking

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

418-212 King Street$380k805-8 WOODMAN Drive$339k221-600 North Service Road$399k43-2373 King Street$300k715-150 Main Street$424k

The 5 closest of 8 active listings nearby.

See all comparable homes
360kThis home380k339k399k300k424kThis home vs active comparables
Live market pulseActive comparables in Hamilton · median list $389K
$554this home / sqft
88active listings nearby
9days on market

This home lists 0% above the area average of $552/sqft.

6 days faster than the Hamilton average (15 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

55/ 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: GLOVER at MAPLE LEAF, about 6.2 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.

Vincent
$345K
Stoney Creek
$491K
Riverdale
$300K
Lakeshore
$537K
Corktown
$296K

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
$1,640/mo
$81KIncome needed
4.4×Price ÷ income
$379Weekly 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.

72%mortgage
Mortgage $1,640Property tax $218Condo fee $426Total carry $2,285

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)
$1,536per month

Mortgage amount $287,920 · 4.14% over 25 years

$71,980Down payment (20.0%)
$287,920Loan before insurance
$0CMHC premium
$2,181Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,536
Property tax
$218
Condo / maintenance fees
$426
Heating
$0
Estimated monthly cost
$2,181

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

One-time closing costs

Ontario land transfer tax
$3,874
Estimated closing costs
$3,874

Plus your down payment of $71,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$1,866/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

$173,014Total interest paid
$460,934Total of all payments
Principal $287,920 Interest $173,014
YearPrincipalInterestBalance
1$6,745$11,692$281,175
2$7,027$11,410$274,148
3$7,321$11,116$266,827
4$7,627$10,810$259,200
5$7,946$10,491$251,253
6$8,279$10,159$242,975
7$8,625$9,812$234,350
8$8,986$9,452$225,364
9$9,362$9,076$216,002
10$9,753$8,684$206,249
11$10,161$8,276$196,088
12$10,586$7,851$185,502
13$11,029$7,408$174,473
14$11,490$6,947$162,983
15$11,971$6,466$151,012
16$12,472$5,966$138,540
17$12,993$5,444$125,547
18$13,537$4,901$112,010
19$14,103$4,334$97,907
20$14,693$3,744$83,214
21$15,308$3,130$67,906
22$15,948$2,490$51,959
23$16,615$1,822$35,344
24$17,310$1,128$18,034
25$18,034$403$0

At the end of your 5-year term

Total paid over the term
$92,187
Principal paid down
$36,667
Interest paid
$55,520
Balance remaining
$251,253

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$2,050/mo
$24,600Gross annual rent
3.8%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.

6.8%
Gross yield
− Property tax $2,620− Condo fees $5,112− Insurance $600− Vacancy & upkeep $2,706Net operating income $13,562

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

CallRequest a showing