337 Concession 5 W, Hamilton, ON
Rural Flamborough, Hamilton · MLS® X13568420
About this home
Welcome to a home designed for the way people live today. Set on a generous, fully fenced lot in the desirable community of Millgrove, this beautifully maintained bungalow offers more than 3,000 sq. ft. of finished living space with the flexibility to grow and adapt to your changing needs.At the heart of the home is a thoughtfully refreshed kitchen featuring new cabinet doors, updated hardware, a new cooktop, island sink and faucet, beautifully complemented by granite countertops, abundant cabinetry and a generous centre island. Whether preparing weeknight meals or gathering with family and friends, this inviting space is both functional and welcoming. Just a few steps down, the family room offers a warm and comfortable retreat. Filled with natural light from a skylight and large picture window, it's the kind of space where movie nights, holiday celebrations and everyday moments naturally come together.The main level offers three spacious bedrooms and a full bathroom, while the finished lower level extends the home's versatility with a fourth bedroom, second full bathroom, expansive recreation space and a separate entrance. Ideal for growing families, teenagers seeking their own space, overnight guests or multi-generational living, the lower level offers exceptional flexibility to suit a variety of lifestyles.Step outside to enjoy the fully fenced backyard, offering plenty of room for kids and pets to play, summer barbecues or simply relaxing in your own private outdoor space.Ideally located just minutes from Waterdown, Burlington, Dundas and major commuter routes, this move-in ready home offers the best of both worlds-the peace and privacy of country living with convenient access to everyday amenities. Serviced by a private well and septic system, this exceptional property combines thoughtful updates, flexible living and the lifestyle today's buyers are looking for.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- X13568420
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 2
- Size
- 1500-2000
- Lot
- 68.38 × 151.75 ft
- Cross streets
- Hwy 6, Concession 5 W
- Parking
- 4 parking
- Driveway
- Private Double
- Basement
- Finished, Separate Entrance, Walk-Up
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Vinyl Siding, Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Property tax
- $6,222 / 2026
- Days on market
- 2
- Listing brokerage
- RE/MAX Escarpment Realty Inc., Brokerage
Rooms
Listed at $999,000, this home is tracking about 17% 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 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.27M, a close match. 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 $1.10M
- Adjusts to $1.10M
That comparable adjusts to $1.10M; the $1.20M estimate above is the median of all 11 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. CLAPPISON at PARKSIDE is about a 39-minute walk away. Worth weighing if transit access matters to you.
Total price vs nearby homes. Fair value about $1.20M, median of 11 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Income potential
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 22% below the area average of $729/sqft.
0 days faster than the Hamilton average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Rural Flamborough, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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.
🚉 Nearest transit: CLAPPISON at PARKSIDE, about 3.1 km away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $799,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,265
- Property tax
- $519
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,783
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,455
- Estimated closing costs
- $16,455
Plus your down payment of $199,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $255,890
- Principal paid down
- $101,778
- Interest paid
- $154,111
- Balance remaining
- $697,422
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.
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX Escarpment Realty Inc., Brokerage. MLS®/PropTx.