94-20 Glenvale Drive, Hamilton, ON

Gilkson, Hamilton · MLS® X13652178

$384,999
For Sale
Listed 69 days agoNo offer date stated
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3Bedrooms
2Bathrooms
1Parking
1000-1199Sq ft

About this home

In short

  • Welcome to an affordable opportunity to enter the market and make homeownership your own.
  • This well-appointed 3-bedroom condo townhouse offers the space, privacy and lifestyle of a traditional home, with the added benefit of low-maintenance condo living...
  • Enjoy your own private backyard complete with a hydrotherapy hot tub - the perfect spot to unwind after a long day or entertain friends in the warmer months.
  • An excellent opportunity to stop renting and start building equity in a home you can truly call your own.

Welcome to an affordable opportunity to enter the market and make homeownership your own! This well-appointed 3-bedroom condo townhouse offers the space, privacy and lifestyle of a traditional home, with the added benefit of low-maintenance condo living and low monthly fees. Enjoy your own private backyard complete with a hydrotherapy hot tub - the perfect spot to unwind after a long day or entertain friends in the warmer months. A dedicated parking space is included for added convenience. Ideal for first-time buyers, young professionals or anyone looking to take that important first step into the housing market, this home offers an excellent balance of affordability, comfort and convenience. Centrally located close to shopping centres, everyday amenities, dining and major highway arteries, making commuting and getting around the city a breeze. An excellent opportunity to stop renting and start building equity in a home you can truly call your own!

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
X13652178
Bedrooms
3
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Garth & Stone Church
Parking
1 parking
Basement
Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick Veneer, Vinyl Siding
Foundation
Concrete
Roof
Asphalt Shingle
Maintenance
$379/mo
Exposure
South
Property tax
$3,090 / 2026
Days on market
69
Listing brokerage
MICHAEL ST.JEAN REALTY INC.

Rooms

Primary BedroomSecond4.32 × 2.92 m
BedroomSecond3.56 × 2.49 m
KitchenMain3.25 × 2.59 m
Living RoomMain4.95 × 3.58 m
BedroomSecond4.47 × 2.36 m
Dining RoomMain3.36 × 2.57 m
Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$591Kautomated estimate, from recent sales

Listed at $384,999, about 35% below our estimate of $591K (homes like it typically land between $550K and $621K).

List price
$385KBelow our range$621KAbove our range

Total price vs nearby homes. Fair value about $591K, learned from recent GTA sales.

The market behind the math:

69days on market so far
This home
Below area avgAbove area avg

Price per square foot: this home lists at $350/sqft against an area asking average of $440/sqft.

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 and this building.

It never sees the asking price. The 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $442K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
Read this with carewhy it’s an estimate, not an appraisal

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

Based on 10 comparable homes that sold in Gilkson over the past two years, from 10 closings there.

What sellers nearby are askingCurrently listed nearby in Gilkson · asking prices
$441kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $591K, which is where my estimate comes from.

Per square foot, these ask about $359/sqft; this home lists at $350/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
385kThis home385k415k425k540kThis home vs active comparables

Sold price trend

Median sold price for condo townhouses in Hamilton: $545K in September 2026, down 7% from a year ago, on 430 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Hamilton as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$555K40
November 2025$620K35
December 2025$525K21
January 2026$587K29
February 2026$588K28
March 2026$545K38
April 2026$615K36
May 2026$595K47
June 2026$551K44
July 2026$547K44
August 2026$533K34
September 2026$545K34

Neighbourhood & location

Gilkson, 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.

Falkirk
$425K
Fessenden
$448K
Meadowlands
$707K
Quinndale
$464K
Templemead
$430K

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
$1,755/mo
$86KIncome needed
4.5×Price ÷ income
$405Weekly cost
$4,250Land 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.

73%mortgage
Mortgage $1,755Property tax $257Condo fee $379Total carry $2,391

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,703per month

Mortgage amount $307,999 · 4.49% over 25 years

$77,000Down payment (20.0%)
$307,999Loan before insurance
$0CMHC premium
$2,339Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,703
Property tax
$258
Condo / maintenance fees
$379
Heating
$0
Estimated monthly cost
$2,339

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

One-time closing costs

Ontario land transfer tax
$4,250
Estimated closing costs
$4,250

Plus your down payment of $77,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,061/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

$202,895Total interest paid
$510,894Total of all payments
Principal $307,999 Interest $202,895
YearPrincipalInterestBalance
1$6,873$13,563$301,126
2$7,185$13,250$293,941
3$7,512$12,924$286,429
4$7,853$12,583$278,577
5$8,209$12,227$270,367
6$8,582$11,854$261,786
7$8,972$11,464$252,814
8$9,379$11,057$243,435
9$9,805$10,631$233,630
10$10,250$10,186$223,381
11$10,715$9,721$212,665
12$11,202$9,234$201,464
13$11,710$8,725$189,753
14$12,242$8,194$177,511
15$12,798$7,638$164,713
16$13,379$7,057$151,334
17$13,986$6,449$137,348
18$14,621$5,814$122,726
19$15,285$5,150$107,441
20$15,979$4,456$91,462
21$16,705$3,731$74,757
22$17,463$2,972$57,293
23$18,256$2,179$39,037
24$19,085$1,351$19,952
25$19,952$484$0

At the end of your 5-year term

Total paid over the term
$102,179
Principal paid down
$37,632
Interest paid
$64,547
Balance remaining
$270,367

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$3,400/mo
$40,800Gross annual rent
7.3%Cap rate after taxes and upkeep

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.

10.6%
Gross yield
− Property tax $3,090− Condo fees $4,543− Insurance $600− Vacancy & upkeep $4,488Net operating income $28,079

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

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