51 Forestview Drive, Hamilton, ON

Dundas, Hamilton · MLS® X13566718

$1,050,000
For Sale
Listed 2 days ago
4Bedrooms
3Bathrooms
2Garage · 4 parking
2000-2500Sq Ft

About this home

A rare ravine setting where nature, privacy, and family living come together beautifully.Location is everything, and this exceptional property offers one of the most coveted settings-a picturesque ravine lot with no rear neighbours. Wake each morning to peaceful views, enjoy the sounds of nature, and experience the privacy that only a premium ravine location can provide.Thoughtfully designed for both everyday living and elegant entertaining, this home offers generous, well-defined spaces for gathering, working from home, and relaxing. The bright eat-in kitchen features a charming breakfast nook overlooking the backyard oasis, making it the perfect place to enjoy your morning coffee while taking in the tranquil views.The warm and inviting family room is anchored by a beautiful fireplace, creating the ideal setting for cozy winter evenings. For larger gatherings and special occasions, the formal living and dining rooms provide timeless spaces for entertaining family and friends. Completing the main level are a convenient inside entry from the garage, main-floor laundry, and a powder room designed for everyday ease.Upstairs, four spacious bedrooms provide comfort for the entire family, highlighted by a generous primary retreat complete with its own private 4-piece ensuite.The unfinished basement offers outstanding potential, providing a blank canvas to create the recreation room, home gym, theatre, or additional living space you've always envisioned.The backyard is where this home truly shines. Imagine summer days spent cooling off in the sparkling pool, evenings filled with barbecues on the patio, and quiet moments beneath the gazebo surrounded by the beauty of the ravine. It's a private retreat you'll enjoy every season of the year. Ideally situated this is a rare-come experience the serenity and beauty of ravine living for yourself.

Key facts

Property type
Detached, 2-Storey
MLS®
X13566718
Bedrooms
4
Bathrooms
3 (1 half)
Size
2000-2500
Lot
50 × 136.96 ft
Cross streets
York and Fieldgate
Parking
2 garage · 4 parking (attached)
Basement
Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Aluminum Siding
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
On Ground
Property tax
$7,874 / 2026
Days on market
2
Listing brokerage
ROYAL LEPAGE NRC REALTY

Rooms

Bedroom 3Second3.70 × 3.30 m
Family RoomMain5.20 × 3.40 m
Primary BedroomSecond6.00 × 3.60 m
Bedroom 2Second4.50 × 3.30 m
Living RoomMain5.20 × 3.40 m
KitchenMain4.40 × 3.50 m
Dining RoomMain3.80 × 3.70 m
Bedroom 4Second3.80 × 3.10 m
LaundryMain1.80 × 1.30 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.38Mest. value

Listed at $1,050,000, this home is about 24% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.44M, 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 $1.45M
  • Adjusts to $1.45M

That comparable adjusts to $1.45M; the $1.38M estimate above is the median of all 5 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. YORK at FIELDGATE is about a 3-minute walk away.

List price
$1.05MGreat deal$1.45MOverpriced

Total price vs nearby homes. Fair value about $1.38M, median of 5 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Worth verifying
  • Weigh carefully
Comparable listingsCurrently listed nearby in Dundas · asking prices
$1.33Mavg asking

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

68 York Street$949k87 Newcombe Road$1.45M14 Robinhood Drive$1.60M

The 3 closest active listings nearby.

See all comparable homes
1.05MThis home949k1.45M1.60MThis home vs active comparables
Live market pulseActive comparables in Dundas · median list $1.37M
$467this home / sqft
8active listings nearby
2days on market

This home lists 20% below the area average of $584/sqft.

0 days faster 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

Dundas, 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

33/ 100

Somewhat 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.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: YORK at FIELDGATE, about 252 m away

14 transit stops3 dining13 parks

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.

Westdale
$1.39M
Ancaster
$1.23M
Waterdown
$1.37M
Rural Flamborough
$1.15M
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
$4,786/mo
$208KIncome needed
5.1×Price ÷ income
$1,104Weekly 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 $4,786Property tax $656Total carry $5,442

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)
$4,483per month

Mortgage amount $840,000 · 4.14% over 25 years

$210,000Down payment (20.0%)
$840,000Loan before insurance
$0CMHC premium
$5,139Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,483
Property tax
$656
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,139

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

One-time closing costs

Ontario land transfer tax
$17,475
Estimated closing costs
$17,475

Plus your down payment of $210,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,444/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

$504,766Total interest paid
$1,344,766Total of all payments
Principal $840,000 Interest $504,766
YearPrincipalInterestBalance
1$19,678$34,112$820,322
2$20,501$33,289$799,820
3$21,359$32,432$778,461
4$22,252$31,538$756,209
5$23,183$30,607$733,026
6$24,153$29,638$708,873
7$25,163$28,627$683,710
8$26,216$27,575$657,494
9$27,312$26,478$630,182
10$28,455$25,336$601,727
11$29,645$24,146$572,082
12$30,885$22,906$541,197
13$32,177$21,614$509,021
14$33,523$20,268$475,498
15$34,925$18,866$440,573
16$36,386$17,405$404,187
17$37,908$15,883$366,280
18$39,493$14,297$326,786
19$41,145$12,645$285,641
20$42,866$10,924$242,775
21$44,659$9,131$198,115
22$46,527$7,263$151,588
23$48,474$5,317$103,115
24$50,501$3,290$52,613
25$52,613$1,177$0

At the end of your 5-year term

Total paid over the term
$268,953
Principal paid down
$106,974
Interest paid
$161,979
Balance remaining
$733,026

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$4,200/mo
$50,400Gross annual rent
3.4%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.

4.8%
Gross yield
− Property tax $7,874− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $35,582

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

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