134 Erie Avenue, Hamilton, ON

Stinson, Hamilton · MLS® X13548778

$475,000
For Sale
Listed 8 days ago
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2Bedrooms
1Bathrooms
2Parking
700-1100Sq Ft

About this home

Motivated to Sell!134 Erie Ave presents an outstanding opportunity in one of Hamilton's most dynamic and evolving pockets. A charming and affordable home that blends character, comfort, and convenience. From the moment you arrive, you'll appreciate the inviting curb appeal and the sense of community that defines this neighbourhood. Inside, the home offers 2-bedrooms, 1-bathroom and main floor laundry with stackable washer and dryer. Well kept bright open concept living spaces flow effortlessly throughout. Premium updates and an over sized island is great for entertaining. Upgraded stainless steel appliances elevate the home. Easy access to the large deck overlooking the fully fenced backyard...perfect for summer BBQs, kids, and pets. Two large parking spots available behind home . Whether you're a first time buyer, downsizing, or looking for a solid investment in a growing area, this property delivers exceptional value. We're proud to present a home that has been well loved and is ready for its next chapter." An excellent opportunity to get into the market at a affordable price. The property sits steps from transit, parks, schools, and the city's expanding amenities, making it an ideal choice for buyers seeking convenience. New Furnace (2025), AC (2020), Roof (2023), Windows (2021), Attic Insulation (2023), Basement joists spray foamed (2023) Just move in and enjoy.

Key facts

Property type
Detached, Bungalow
MLS®
X13548778
Bedrooms
2
Bathrooms
1
Size
700-1100
Lot
25 × 125 ft
Cross streets
Main
Parking
2 parking
Driveway
Lane
Basement
Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Board & Batten
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,893 / 2026
Days on market
8
Listing brokerage
REALTY NETWORK

Rooms

BedroomMain2.44 × 2.39 m
KitchenMain5.54 × 4.04 m
BathroomMain0.00 × 0.00 m

4 Pc Bath

Living RoomMain3.64 × 2.64 m
Dining RoomMain4.14 × 3.38 m
Primary BedroomMain3.28 × 3.86 m
Moe’s TakeTeam Asgarian · Broker
In line
$557Kest. value

Listed at $475,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Stinson, so I widened the search to the surrounding area.

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $620K, a bit higher. 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 $990K
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $945K

That comparable adjusts to $945K; the $557K estimate above is the median of all 6 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 more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$449KGreat deal$835KOverpriced

Total price vs nearby homes. Fair value about $557K, median of 6 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.

  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$602kavg asking

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

237 PALING Avenue$479k66 Beechwood Avenue$479k735 Dunn Avenue$475k31 Summercrest Drive$695k31 CAMERON Avenue$880k

The 5 closest of 6 active listings nearby.

See all comparable homes
475kThis home479k479k475k695k880kThis home vs active comparables
Live market pulseActive comparables in Hamilton · median list $600K
$528this home / sqft
22active listings nearby
8days on market

This home lists 19% below the area average of $649/sqft.

6 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

Stinson, 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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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.

Gibson
$670K
Delta
$729K
Homeside
$593K
Westdale
$1.39M
Parkview
$526K

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
$2,165/mo
$97KIncome needed
4.9×Price ÷ income
$500Weekly 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.

87%mortgage
Mortgage $2,165Property tax $324Total carry $2,489

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)
$2,028per month

Mortgage amount $380,000 · 4.14% over 25 years

$95,000Down payment (20.0%)
$380,000Loan before insurance
$0CMHC premium
$2,352Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,028
Property tax
$324
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$2,352

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

One-time closing costs

Ontario land transfer tax
$5,975
Estimated closing costs
$5,975

Plus your down payment of $95,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,463/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

$228,346Total interest paid
$608,346Total of all payments
Principal $380,000 Interest $228,346
YearPrincipalInterestBalance
1$8,902$15,432$371,098
2$9,274$15,059$361,823
3$9,662$14,671$352,161
4$10,067$14,267$342,095
5$10,488$13,846$331,607
6$10,926$13,408$320,681
7$11,383$12,951$309,297
8$11,859$12,474$297,438
9$12,356$11,978$285,082
10$12,872$11,461$272,210
11$13,411$10,923$258,799
12$13,972$10,362$244,827
13$14,556$9,778$230,271
14$15,165$9,169$215,106
15$15,799$8,535$199,307
16$16,460$7,874$182,847
17$17,149$7,185$165,698
18$17,866$6,468$147,832
19$18,613$5,721$129,219
20$19,392$4,942$109,827
21$20,203$4,131$89,624
22$21,048$3,286$68,576
23$21,929$2,405$46,647
24$22,846$1,488$23,801
25$23,801$533$0

At the end of your 5-year term

Total paid over the term
$121,669
Principal paid down
$48,393
Interest paid
$73,276
Balance remaining
$331,607

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
2.1%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.

3.7%
Gross yield
− Property tax $3,893− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $10,193

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

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