1 Mahony Avenue, Hamilton, ON
Normanhurst, Hamilton · MLS® X13578360
About this home
Attention investors, first-time home buyers, downsizers, and multigenerational families! This versatile property offers exceptional value with a fully renovated basement suite and an unbeatable location directly beside Mahoney Park. The spacious main residence offers approximately 1,660 sq. ft. of comfortable living space, featuring three bedrooms, including a convenient main-floor bedroom, two additional bedrooms upstairs, and a full bathroom. Bright and functional, the layout is ideal for families or those seeking flexible living arrangements.The beautifully renovated lower-level suite spans approximately 773 sq. ft. and features a private one-bedroom, one-bathroom layout, making it an excellent option for extended family, guests, or potential rental income.Whether you're looking to accommodate multiple generations under one roof, downsize without sacrificing flexibility, or add a strong investment property to your portfolio, this home offers endless possibilities. Enjoy the convenience of being steps from Mahoney Park, with green space, recreation, schools, shopping, transit, and everyday amenities all nearby.
Key facts
- Property type
- Detached, 1 1/2 Storey
- MLS®
- X13578360
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 2
- Size
- 1500-2000
- Lot
- 42.41 × 81.89 ft
- Cross streets
- Parkdale & Mahony
- Parking
- 3 parking
- Driveway
- Private
- Basement
- Full, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $2,772 / 2026
- Listing brokerage
- ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Rooms
Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairOn location, this is a very walkable address with everyday errands close by. PARKDALE at MAHONY is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Value driver
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 36% below the area average of $481/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Normanhurst, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: PARKDALE at MAHONY, about 179 m 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 $427,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,284
- Property tax
- $231
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $2,515
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $7,173
- Estimated closing costs
- $7,173
Plus your down payment of $106,980. 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
- $137,012
- Principal paid down
- $54,496
- Interest paid
- $82,517
- Balance remaining
- $373,424
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
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 ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES. MLS®/PropTx.