137 National Drive, Hamilton, ON

Gershome, Hamilton · MLS® X13556442

$899,000
For Sale
Listed 4 days ago
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4Bedrooms
3Bathrooms
2Garage · 8 parking
2500-3000Sq Ft

About this home

Timeless and distinguised in a highly sought-after East Hamilton neighbourhood! This meticulously maintained 4-bedroom 2.5-bathroom corner residence with 2600 square feet of living space is being offered for the first time. Nestled within an enclave of executive detached homes, this one-owner property showcases classic charm, rich wood accents, and a warm, inviting atmosphere - ideal for family living. Designed for both formal entertaining and everyday comfort, the main level offers a bright living and dining room, a spacious eat-in kitchen, and an inviting family room with a brick-surround fireplace. A convenient main-floor laundry/mudroom and 2-piece powder room add to the home's functionality. A striking curved staircase makes a grant first impression, leading to the upper level where hardwood flooring continues throughout four spacious bedrooms. The primary suite features a walk-in closet and private ensuite, while the additional bedrooms share a well-appointed main bathroom. The lower level provides endless possibilities for customization along with ample storage space. Enjoy exceptional curb appeal with inside access to a convenient attached double car garage. Ideally located just minutes from Eastgate square, Queenston/Centennial amenities, St. Joseph's Hospital, and offering quick access to the Red Hill Parkway and QEW. A rare opportunity to own a cherished home in a prime location-perfect for growing families seeking space, comfort and convenience.

Key facts

Property type
Detached, 2-Storey
MLS®
X13556442
Bedrooms
4
Bathrooms
3 (1 half)
Size
2500-3000
Lot
80.94 × 106.41 ft
Cross streets
Tommar Place
Parking
2 garage · 8 parking (attached)
Driveway
Private Double
Basement
Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,291 / 2026
Days on market
4
Listing brokerage
ROYAL LEPAGE STATE REALTY

Rooms

Dining RoomMain3.66 × 3.51 m

Hardwood Floor

BreakfastMain3.35 × 3.86 m

Hardwood Floor

Primary BedroomSecond5.97 × 4.47 m

ensuite bath · hardwood floor · walk-in closet(s)

BathroomSecond1.60 × 2.77 m

4 Pc Ensuite

Bedroom 2Second3.63 × 3.61 m

Hardwood Floor

FoyerMain2.26 × 2.97 m
KitchenMain3.05 × 3.35 m

Sliding Doors

BathroomSecond3.33 × 2.72 m

4 Pc Bath

Bedroom 3Second3.63 × 3.94 m

Hardwood Floor

LaundryMain2.01 × 2.62 m
Living RoomMain3.66 × 5.08 m

Hardwood Floor

Family RoomMain4.06 × 5.64 m
BathroomMain1.80 × 1.45 m

2 Pc Bath

RecreationBasement11.13 × 11.84 m

Unfinished

Bedroom 4Second3.71 × 4.62 m

Hardwood Floor

Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.26Mest. value

Listed at $899,000, this home is about 29% 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 Gershome, so I widened the search to the surrounding area.

Based on 14 similar homes nearby, adjusted for size, beds, and baths.Median of 14 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.06M, 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 $1.37M
  • Bathrooms −$15K
  • Adjusts to $1.36M

That comparable adjusts to $1.36M; the $1.26M estimate above is the median of all 14 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. GREENHILL at TOMMAR is about a 3-minute walk away.

List price
$899KGreat deal$1.31MOverpriced

Total price vs nearby homes. Fair value about $1.26M, median of 14 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.

  • Primary suite: a key comfort and resale feature.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.17Mavg asking

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

7 Kinsman Drive$1000k47 Winners Way$1.10M419 SPRINGBROOK Avenue$1.19M59 Renata Court$1.37M

The 4 closest active listings nearby.

See all comparable homes
899kThis home1000k1.10M1.19M1.37MThis home vs active comparables
Live market pulseActive comparables in Gershome · median list $890K
$327this home / sqft
9active listings nearby
4days on market

This home lists 37% below the area average of $515/sqft.

2 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

Gershome, 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

57/ 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: GREENHILL at TOMMAR, about 279 m away

20+ transit stops18 dining19 parks6 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.

Stoney Creek
$917K
Homeside
$593K
Delta
$729K
Parkview
$500K
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
$4,097/mo
$180KIncome needed
5.0×Price ÷ income
$946Weekly 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 $4,097Property tax $608Total carry $4,705

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)
$3,838per month

Mortgage amount $719,200 · 4.14% over 25 years

$179,800Down payment (20.0%)
$719,200Loan before insurance
$0CMHC premium
$4,446Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,838
Property tax
$608
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,446

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

One-time closing costs

Ontario land transfer tax
$14,455
Estimated closing costs
$14,455

Plus your down payment of $179,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,662/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

$432,175Total interest paid
$1,151,375Total of all payments
Principal $719,200 Interest $432,175
YearPrincipalInterestBalance
1$16,848$29,207$702,352
2$17,553$28,502$684,799
3$18,287$27,768$666,511
4$19,052$27,003$647,459
5$19,849$26,206$627,610
6$20,679$25,376$606,930
7$21,544$24,511$585,386
8$22,446$23,609$562,940
9$23,384$22,671$539,556
10$24,363$21,692$515,193
11$25,382$20,673$489,811
12$26,443$19,612$463,368
13$27,549$18,506$435,819
14$28,702$17,353$407,117
15$29,902$16,153$377,214
16$31,153$14,902$346,061
17$32,456$13,599$313,605
18$33,814$12,241$279,791
19$35,228$10,827$244,563
20$36,702$9,353$207,861
21$38,237$7,818$169,625
22$39,836$6,219$129,788
23$41,503$4,552$88,286
24$43,239$2,816$45,047
25$45,047$1,008$0

At the end of your 5-year term

Total paid over the term
$230,275
Principal paid down
$91,590
Interest paid
$138,685
Balance remaining
$627,610

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$5,250/mo
$63,000Gross annual rent
5.3%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.

7.0%
Gross yield
− Property tax $7,291− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $47,379

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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