138 Strawberry Drive, Hamilton, ON

Riverdale, Hamilton · MLS® X13631576

$948,000
For Sale
Listed 50 days agoNo offer date stated
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4Bedrooms
3Bathrooms
2Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • Welcome to this all-brick family home, situated on a beautifully landscaped corner lot with an impressive 64-foot frontage.
  • Backing onto a ravine with no rear neighbours, the home enjoys a private setting and a spacious backyard complete with a large deck, perfect for relaxing or entertaining.
  • Upstairs, you'll find four generously sized bedrooms, including a spacious primary suite with a walk-in closet and a private ensuite featuring double sinks.

Welcome to this all-brick family home, situated on a beautifully landscaped corner lot with an impressive 64-foot frontage. Featuring a lush green lawn maintained by an automatic irrigation system, this property offers exceptional curb appeal. Backing onto a ravine with no rear neighbours, the home enjoys a private setting and a spacious backyard complete with a large deck, perfect for relaxing or entertaining. The oversized concrete driveway, front walkway, and attached two-car garage provide plenty of parking and complete the attractive exterior. Freshly painted throughout, the home offers a functional layout featuring separate living/dining, and family rooms, providing plenty of space for both everyday living and hosting guests. The eat-in kitchen is equipped with stone countertops, a stylish backsplash, under cabinet lighting and ample cabinetry for storage. Adding character to the main floor are the original handmade decorative ceilings, showcasing quality craftsmanship. Upstairs, you'll find four generously sized bedrooms, including a spacious primary suite with a walk-in closet and a private ensuite featuring double sinks. The remaining bedrooms are served by a full main bathroom, while large windows throughout the home and a skylight above the staircase fill the space with natural light. All appliances and the water softener are included, making this a fantastic opportunity to own a spacious family home in a desirable Hamilton neighbourhood.

Key facts

Property type
Detached, 2-Storey
MLS®
X13631576
Bedrooms
4
Bathrooms
3 (1 half)
Size
2000-2500 sq ft
Lot
64.43 × 123.43 ft
Cross streets
Queenston Rd & Lake Ave
Parking
2 garage · 6 parking (attached)
Basement
Full, Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,082 / 2026
Days on market
50
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Primary BedroomSecond5.49 × 3.71 m

4 pc ensuite · walk-in closet(s) · broadloom

Bedroom 2Second3.71 × 3.63 m

Broadloom

KitchenGround7.19 × 2.95 m

eat-in kitchen · ceramic floor · ceramic backsplash

Family RoomGround4.85 × 4.27 m

fireplace · bay window · broadloom

Bedroom 3Second3.86 × 3.84 m

Broadloom

Bedroom 4Second3.81 × 2.26 m

Broadloom

Living RoomGround7.47 × 4.32 m

Broadloom

Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$1.23Mautomated estimate, from recent sales

Listed at $948,000, about 23% below our estimate of $1.23M (homes like it typically land between $1.15M and $1.29M).

List price
$948KBelow our range$1.29MAbove our range

Total price vs nearby homes. Fair value about $1.23M, learned from recent GTA sales.

The market behind the math:

3sold nearby · 90 days
50days on market so far
$3,275/moest. rent · 6 leases
4.1%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 6 months of inventory: 6 detached homes for sale in the area against 3 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $421/sqft against an area asking average of $531/sqft.

  • Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
  • Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $953K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Corner lot: more light and frontage, sometimes at the cost of privacy. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Riverdale, so I widened the search to the surrounding area.

Based on 8 comparable homes that sold in Riverdale over the past two years, from 31 closings there.

What sellers nearby are askingCurrently listed nearby in Riverdale · asking prices
$813kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.23M, which is where my estimate comes from.

Per square foot, these ask about $429/sqft; this home lists at $421/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
948kThis home850k850k739kThis home vs active comparables

Neighbourhood & location

Riverdale, 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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Stoney Creek
$850K
Stoney Creek Mountain
$872K
Delta
$700K
Crown Point
$470K
Raleigh
$500K

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
$4,321/mo
$191KIncome needed
5.0×Price ÷ income
$997Weekly cost
$15,435Land transfer tax, one-time (Ontario)
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 $4,321Property tax $674Total carry $4,994

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,151per month

Mortgage amount $758,400 · 4.39% over 25 years

$189,600Down payment (20.0%)
$758,400Loan before insurance
$0CMHC premium
$4,825Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,151
Property tax
$674
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,825

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

One-time closing costs

Ontario land transfer tax
$15,435
Estimated closing costs
$15,435

Plus your down payment of $189,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$5,029/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

$486,986Total interest paid
$1,245,386Total of all payments
Principal $758,400 Interest $486,986
YearPrincipalInterestBalance
1$17,162$32,654$741,238
2$17,923$31,892$723,315
3$18,719$31,097$704,596
4$19,550$30,266$685,047
5$20,417$29,398$664,629
6$21,323$28,492$643,306
7$22,270$27,546$621,036
8$23,258$26,557$597,778
9$24,290$25,525$573,488
10$25,368$24,447$548,120
11$26,494$23,321$521,625
12$27,670$22,145$493,955
13$28,898$20,917$465,057
14$30,181$19,635$434,876
15$31,520$18,295$403,356
16$32,919$16,896$370,437
17$34,380$15,435$336,057
18$35,906$13,909$300,151
19$37,500$12,316$262,651
20$39,164$10,652$223,487
21$40,902$8,913$182,585
22$42,717$7,098$139,868
23$44,613$5,202$95,254
24$46,593$3,222$48,661
25$48,661$1,154$0

At the end of your 5-year term

Total paid over the term
$249,077
Principal paid down
$93,771
Interest paid
$155,307
Balance remaining
$664,629

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
From 6 whole-home leases in Riverdale$3,275/mo
$39,300Gross annual rent
2.7%Cap rate after taxes and upkeep
$2,930 to $4,043Typical rent range

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 6 whole-home leases in Riverdale signed at a median of $3,200 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,275. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.1%
Gross yield
− Property tax $8,082− Insurance $1,400− Vacancy & upkeep $4,323Net operating income $25,495

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

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