58 Forsyth Avenue, Hamilton, ON

Westdale, Hamilton · MLS® X13579522

$2,180,000
For Sale
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6Bedrooms
7Bathrooms
2Garage · 8 parking
3500-5000Sq Ft

About this home

Nestled in the prestigious Westdale community of Hamilton, this exceptional custom-built residence sits on a rare 75 x 100 ft lot and offers over 3,500 sq ft of refined living space above grade. A grand 2-storey detached home featuring 5+1 bedrooms and 5 bathrooms, designed for both elegant family living and sophisticated entertaining. Spacious principal rooms, a finished basement, and a built-in 2-car garage complement the expansive circular driveway with parking for up to 8 vehicles. Carpet-free interior with thoughtfully updated finishes throughout, including built-in oven and ample storage. Flexible layout ideal for multigenerational living or executive families. Located steps to prestigious schools, McMaster University, parks, trails, and vibrant Westdale Village shops, cafes, and restaurants. Minutes to Royal Botanical Gardens, Cootes Paradise, and easy access to Highway 403, making commuting seamless. A rare opportunity to own a distinguished home in one of Hamilton's most sought-after neighbourhoods

Key facts

Property type
Detached, 2-Storey
MLS®
X13579522
Bedrooms
6 (5 + 1)
Bathrooms
7 (1 half)
Size
3500-5000
Lot
75 × 100 ft
Cross streets
Forsyth Ave N / King St W
Parking
2 garage · 8 parking (built-in)
Driveway
Circular Drive
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Other
Sewer
Sewer
Property tax
$18,235 / 2025
Listing brokerage
UNION CAPITAL REALTY
Moe’s TakeTeam Asgarian · Broker
Below the wider set
$2.64Mest. value

Listed at $2,180,000, 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 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 $2.09M, 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 $820K
  • Size difference +$1.53M
  • Bathrooms +$60K
  • Adjusts to $2.41M

That comparable adjusts to $2.41M; the $2.64M 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. STERLING at FORSYTH is about a 1-minute walk away.

List price
$2.18MGreat deal$2.66MOverpriced

Total price vs nearby homes. Fair value about $2.64M, 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby in Westdale · asking prices
$2.45Mavg asking

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

74 OAK KNOLL Drive$2.45M

The 1 closest active listing nearby.

See all comparable homes
2.18MThis home2.45MThis home vs active comparables
Live market pulseActive comparables in Westdale · median list $820K
$513this home / sqft
11active listings nearby

This home lists 13% below the area average of $593/sqft.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Westdale, 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

68/ 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: STERLING at FORSYTH, about 57 m away

20+ transit stops2 grocery20+ dining12 parks10 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.

Dundas
$1.05M
Gibson
$670K
Ancaster
$1.23M
Delta
$729K
Waterdown
$1.37M

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
$9,936/mo
$433KIncome needed
5.0×Price ÷ income
$2,293Weekly 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 $9,936Property tax $1,520Total carry $11,455

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$9,307per month

Mortgage amount $1,744,000 · 4.14% over 25 years

$436,000Down payment (20.0%)
$1,744,000Loan before insurance
$0CMHC premium
$10,826Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,307
Property tax
$1,520
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,826

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

One-time closing costs

Ontario land transfer tax
$40,975
Estimated closing costs
$40,975

Plus your down payment of $436,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$11,304/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

$1,047,989Total interest paid
$2,791,989Total of all payments
Principal $1,744,000 Interest $1,047,989
YearPrincipalInterestBalance
1$40,856$70,824$1,703,144
2$42,565$69,115$1,660,579
3$44,345$67,334$1,616,234
4$46,200$65,479$1,570,034
5$48,133$63,547$1,521,901
6$50,146$61,534$1,471,755
7$52,243$59,436$1,419,512
8$54,429$57,251$1,365,083
9$56,705$54,974$1,308,378
10$59,077$52,602$1,249,300
11$61,548$50,131$1,187,752
12$64,123$47,557$1,123,629
13$66,805$44,874$1,056,824
14$69,599$42,080$987,224
15$72,511$39,169$914,714
16$75,544$36,136$839,170
17$78,704$32,976$760,466
18$81,996$29,684$678,471
19$85,425$26,254$593,045
20$88,999$22,681$504,047
21$92,721$18,958$411,325
22$96,600$15,080$314,726
23$100,640$11,039$214,086
24$104,850$6,830$109,236
25$109,236$2,444$0

At the end of your 5-year term

Total paid over the term
$558,398
Principal paid down
$222,099
Interest paid
$336,299
Balance remaining
$1,521,901

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$7,350/mo
$88,200Gross annual rent
2.7%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.

4.0%
Gross yield
− Property tax $18,235− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $58,863

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

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