103 Rosemont Avenue, Hamilton, ON

Stipley, Hamilton · MLS® X13551096

$349,900
For Sale
Listed 7 days ago
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3Bedrooms
1Bathrooms
2Parking
1100-1500Sq Ft

About this home

Fantastic opportunity to restore a charming character home on a quiet Hamilton street. This 2-storey residence offers timeless architectural details, generous room sizes & exceptional potential for buyers looking to update and upgrade. Covered front porch & private driveway parking for 2 vehicles provide excellent curb appeal. Inside, a spacious foyer leads to bright principal rooms including a formal living room with an ornamental fireplace & a formal dining room featuring a second fireplace. The kitchen offers white cabinetry & excellent potential. Upstairs you'll find a spacious primary bedroom, 2 additional bedrooms & a 4-pc bathroom. The unspoiled basement provides abundant storage. Step outside to enjoy the oversized rear deck overlooking the backyard, perfect for entertaining or relaxing. Situated on a manageable 25' x 95' lot in an established neighbourhood just steps to Hamilton Stadium (Oskee Wee Wee) & close to schools, parks, shopping, restaurants, transit & recreation. Reasonably convenient access to downtown Hamilton, GO Transit, McMaster University, Hamilton Health Sciences & major highways. Excellent potential.

Key facts

Property type
Detached, 2-Storey
MLS®
X13551096
Bedrooms
3
Bathrooms
1
Size
1100-1500
Lot
25 × 95 ft
Cross streets
Lottridge Street
Parking
2 parking
Driveway
Private Double, Front Yard Parking
Basement
Unfinished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Other
Foundation
Not Applicable
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,068 / 2026
Days on market
7
Listing brokerage
ROYAL LEPAGE STATE REALTY

Rooms

OtherBasement7.87 × 5.73 m
Dining RoomMain4.12 × 3.00 m

Fireplace

Utility RoomBasement0.00 × 0.00 m
BedroomSecond2.97 × 2.77 m
FoyerMain3.61 × 2.43 m
BathroomSecond1.96 × 1.75 m

4 Pc Bath

KitchenMain4.30 × 2.71 m
Primary BedroomSecond3.96 × 3.16 m
Living RoomMain3.61 × 3.30 m

Fireplace

LaundryBasement0.00 × 0.00 m
BedroomSecond3.87 × 2.75 m
Moe’s TakeTeam Asgarian · Broker
Below the wider set
$485Kest. value

Listed at $349,900, this home is tracking about 28% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. 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 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $514K, 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 $450K
  • Bathrooms −$45K
  • Adjusts to $405K

That comparable adjusts to $405K; the $485K estimate above is the median of all 8 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. CANNON at LOTTRIDGE is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$350KGreat deal$540KOverpriced

Total price vs nearby homes. Fair value about $485K, median of 8 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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$680kavg asking

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

23 Edgemont Street$300k60 Keith Street$420k72 Houghton Avenue$600k121 King Street$1.40M

The 4 closest active listings nearby.

See all comparable homes
350kThis home300k420k600k1.40MThis home vs active comparables
Live market pulseActive comparables in Stipley · median list $500K
$269this home / sqft
9active listings nearby
7days on market

This home lists 36% below the area average of $419/sqft.

5 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

Stipley, 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

76/ 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: CANNON at LOTTRIDGE, about 173 m away

20+ transit stops4 grocery20+ dining19 parks20+ 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.

Gibson
$670K
Delta
$729K
Homeside
$593K
Parkview
$500K
Stoney Creek
$917K

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
$1,595/mo
$73KIncome needed
4.8×Price ÷ income
$368Weekly 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.

86%mortgage
Mortgage $1,595Property tax $256Total carry $1,850

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)
$1,494per month

Mortgage amount $279,920 · 4.14% over 25 years

$69,980Down payment (20.0%)
$279,920Loan before insurance
$0CMHC premium
$1,749Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,494
Property tax
$256
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$1,749

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

One-time closing costs

Ontario land transfer tax
$3,724
Estimated closing costs
$3,724

Plus your down payment of $69,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$1,814/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

$168,207Total interest paid
$448,127Total of all payments
Principal $279,920 Interest $168,207
YearPrincipalInterestBalance
1$6,558$11,368$273,362
2$6,832$11,093$266,531
3$7,118$10,807$259,413
4$7,415$10,510$251,998
5$7,726$10,200$244,272
6$8,049$9,876$236,223
7$8,385$9,540$227,838
8$8,736$9,189$219,102
9$9,101$8,824$210,001
10$9,482$8,443$200,518
11$9,879$8,046$190,640
12$10,292$7,633$180,348
13$10,723$7,203$169,625
14$11,171$6,754$158,454
15$11,638$6,287$146,816
16$12,125$5,800$134,691
17$12,632$5,293$122,058
18$13,161$4,764$108,898
19$13,711$4,214$95,186
20$14,285$3,640$80,902
21$14,882$3,043$66,020
22$15,505$2,420$50,515
23$16,153$1,772$34,362
24$16,829$1,096$17,533
25$17,533$392$0

At the end of your 5-year term

Total paid over the term
$89,625
Principal paid down
$35,648
Interest paid
$53,978
Balance remaining
$244,272

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
5.7%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.

7.9%
Gross yield
− Property tax $3,068− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $20,096

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

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